YouTube Denies $1 Billion Valuation, But Okay with $600 Million
from the overshooting dept
Earlier this week, a number of stories with the phrase "$1 billion" in close proximity to "YouTube" were winding their way through the media, after the company was apparently the belle of the ball at Herb Allen's annual Sun Valley rich-guy schmoozefest. It seems pretty clear the unprofitable company (with no appearance of a business plan) isn't worth anything near that, but all the better to fit the Skype Billion-Dollar Buyout Plan, which is based more on hype than business sense or financial performance. But YouTube's founder is clearing the air in an interview with Marketwatch, where he "brushed aside reports that the value of the company jumped to $1 billion from $600 million because of his appearance at the Allen & Co. confab". It's not clear, but the writeup makes it sound like he's okay with a $600 million valuation, but $1 billion, well, that's just ludicrous. Wow, such modesty -- a new face to the media-driven buyout plan, maybe one a willing buyer will reward with another $400 million.
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Media windfall
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Re: Media windfall
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Re: Media windfall
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Based on??
Their millions of users?? Well I have thousands of users on my site. Can I claim its value as being in the millions? Probably not. So what I want to know is: why the elevated valuations?
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The internet is a series of tubes
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Get a life and learn to recognize a bargain when you see one!
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Wow
That's my two cents.
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Re: Wow
They have no real target demographic or niche market so ads there will have a minute click-through rate and be to all intents and purposes pointless.
Anyone willing to pay large sums for ads on YouTube would have to be head shot
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The longer they fly solo
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Youtube is worth $500 billion !!!!
Everyone loves crappy low res macromedia flash movies !
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