Wednesday, October 18, 2006

Has Google already made money on the YouTube deal?

Apparently Google stock gained after the YouTube purchase announcement an amount of $4 Billion. Subtract the amount they paid, $1.65 Billion, that's a gain of $2.35 Billion dollars or about a 142% profit on your investment. Not a bad purchase when you look at it from this angle...

Heard this comment from Wil Harris on TWiT.

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