Comments on: Google CEO Schmidt: We Overpaid A Billion Dollars For YouTube.com

By: 1oo Domains Club

1oo Domains Club — Wed, 07 Oct 2009 02:47:19 +0000

“one of the most successful company in the world”

no, Google hasn’t “overpaid” YouTube but (simply) the Google’s “geniuses” aren’t able to make money with it!

many think (and say) that Google is a successful company (like Microsoft, Amazon, eBay, etc.) thanks to its great “ideas” and super engineers and programmers, but it’s NOT true!

despite the lots of money invested, nearly ALL Google’s services have FAILED to succeed

its Wikipedia-like Knol has failed, its SecondLife-like has failed, its PayPal-like has failed, its eBay-like has failed, Chrome has a modest market share and much lower is the Google Docs market share if compared with offline softwares like MS Office or OpenOfficeOrg

Google is “big” and make lots of profits ONLY thanks to its near-monopoly in the online advertising (and thanks to millions NON-Google websites and online services that host its AdSense ads…) while, all other Google-things always are a GIANT FAILURE

Google will be able to make money with YouTube ONLY the day when its “geniuses” will find, on the web, a good (online-video-related) marketing idea to “use freely” …that means “without pay a cent to the inventor(s) of the idea(s)”

like happened (e.g.) with the “”"”"Google”"”"” Lunar X Prize… http://ow.ly/st4C

By: MHB

MHB — Wed, 07 Oct 2009 01:51:45 +0000

Max

I think it was a good acquisition for Google and as I said sometimes you have to overspend to get something quite special

By: M. Menius

M. Menius — Wed, 07 Oct 2009 00:24:41 +0000

I don’t know how much revenue is generated for Google by YouTube, but the site is becoming (if not already) the definitive video repository for everything. Plus lots of new, updated video added on a constant basis. You can perform some deep searches with Youtube and find video unavailable anywhere else.

I think it is too early to determine if Google really overspent because Youtube is evolving and expanding ongoing with no end in site. Schmidt anticipated that Youtube’s relevance and value would rapidly increase. Look at Google. From total obscurity to unreal growth in a very, very short period of time.

By: BullS

BullS — Tue, 06 Oct 2009 23:35:18 +0000

Knew that all along…useless website

By: My lunch with Warren Buffet : DomainGang

My lunch with Warren Buffet : DomainGang — Tue, 06 Oct 2009 23:29:49 +0000

[...] and for some reason told me he could successfully now upload pictures of his dog. I told him he overpaid by a billion dollars if, after using that software that was all he could [...]

By: Juan

Juan — Tue, 06 Oct 2009 23:22:03 +0000

MHB: My understanding is that the stock has all sorts of restrictions (vesting rules based on performance). I could be wrong!

By: My Lunch with Warren Buffet : DomainGang

My Lunch with Warren Buffet : DomainGang — Tue, 06 Oct 2009 22:27:29 +0000

[...] and for some reason told me he could successfully now upload pictures of his dog. I told him he overpaid by a billion dollars if, after using that software that was all he could [...]

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Tue, 06 Oct 2009 20:20:30 +0000

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By: MHB

MHB — Tue, 06 Oct 2009 18:56:35 +0000

Ghetto

No doubt Google can just turn down the black box on domainers payouts a couple of notches and make up for the billion dollar overpayment.

By: GhettoCaveMan

GhettoCaveMan — Tue, 06 Oct 2009 18:49:05 +0000

Very interesting when looked at through the lens of the domainer who’s PPC revenues have been declining since?

In some fashion it looks like domainers have helped finance the 1 Billion Dollar Premium.