Thursday, December 14, 2006

$1.65 Billion?!?!

Google has acquired youtube.com for $1.65 Billion in stocks. That is an insane amount of money for a website that looks like the grandson of America's Funniest Home Videos. Sure, I love youtube.com and love checking out episodes of The Venture Brothers with Brock Samson.

But that is a whooooooooooooooooooooole lot of money, right? I mean, is the Dot Com era beginning again?

On a side note, reddit.com is offline. Some folks are thinking that since they were purchased by CondeNast last month, there downtime might be on purpose. These same folks are even thinking that digg.com needs to start getting nervous.

I wonder if Sen. John McCain has anything to do with this? (Okay, so I am just being sacrastic and semi-witty)

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