YouTube topic of the day

Everyone I met today asked me what I thought of YouTube’s rumor. The blogs certainly are lit up, which demonstrates well that if you get blogs to talk about you, it’s probably a pretty good predictor that other people are talking about the same thing too.

$1.6 billion. Whew. And all I got was a cool YouTube sticker for my tripod. Heheh.

Lots of people think Google is nuts for buying YouTube, if this rumor proves to be correct. I don’t. When you have an audience that large and that engaged you’ll be able to find a way to turn that into dollars. And, for someone like Google, it means more than that even. It means a way to keep it out of Yahoo’s and Microsoft’s hands.

Engineers always talk that way, though “I could build that in a week.” Bullshit, I answer. You might be able to clone the technology but you’ll never get the community to move.

Remember all the eBay competitors back in the late 1990s? I do. They almost always had better technology than eBay, but still failed. Why? This is a rock star business.

You can’t copy the Beatles. If you try you’ll be destined to play in high school auditoriums forever.

That’s why YouTube is worth the $1.6 billion. It’s the access to a group of people who won’t move anywhere else.

65 thoughts on “YouTube topic of the day

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  5. >
    I don’t agree with it. Back in 90s when I was used to using Netscape’s Navigator, Communicator and Search engine, all these new products (Google, IE, outlook) came out and me and almost everyone moved to them. If a better product comes out, people definietly move on..

  6. >
    I don’t agree with it. Back in 90s when I was used to using Netscape’s Navigator, Communicator and Search engine, all these new products (Google, IE, outlook) came out and me and almost everyone moved to them. If a better product comes out, people definietly move on..

  7. LayZ: is popularity really what matters? Not in business. Growth is what matters. After all, mini computers were once way more popular than personal computers. Cassette tape was once way more popular than DVDs. Etc. Etc. Etc.

  8. LayZ: is popularity really what matters? Not in business. Growth is what matters. After all, mini computers were once way more popular than personal computers. Cassette tape was once way more popular than DVDs. Etc. Etc. Etc.

  9. @21 well lets look at the photosharing business. While Flickr has all the cache, Photobucket is more popular from a hits perspetive. Hell, Yahoo Photos beats out Flickr. I guess the long tail doesn’t matter in the video space?

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