YouTube Could be a Steal at $1 Billion

Cnet talks about the recent aquisition of Grouper by Sony for $65 million US dollars. Grouper is a reasonably popular video site, that has around one percent of the market according to recent statistics.

Could this mean that YouTube with its fourty-seven percent should be worth $3 billion US dollars?

"The viral video space is so hot right now; it's like Hansel from the movie 'Zoolander,'" said Aram Sinnreich, managing partner of RadarResearch. "I wouldn't be surprised to see (online video market leader) YouTube receive a bid of $1 billion. Whether the company is worth it is another question."

I think they will get an offer above one billion, but I don't think they are worth it despite other companies like FaceBook thinking they are also worth around a billion dollars.

Source: Cnet

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