WOW, 1.6 Bill. That's billion with a "B". It's a stock transaction, but come on.

Any one here work at either?

http://oraclewatch.eweek.com/blogs/g.../10/13799.aspx

 

Can you imagine how many ways you can mod your car with 1.6 billion? Install a TT and SC!! hahaha

 

Absolutely stupid on Google's part. Why buy something that has yet to yeild a profit, most of it traffic is from copyright infringed material? I am not the smartest man, but I don't like the idea from the begining and then when I heard Mark Cuban discussing it, it just validated my thoughts. I feel that this is going to be a poor decesion by Google, they may be able to overcome the loss of capital intially, but it will be very difficult for them to turn a profit and recover their intial 1.6 bil loss...

 

goog has some of the smartest people in the world working there....if they were willing to dish out that kind of bank then they have big plans ahead for it

 

pocket change for google

 

no capital loss since it was a pure stock transaction. i agree that the purchase was a stupid move since they're opening themselves up to a lot of legal liability. as far as google having a lot of smart people working there, since when did smart engineers translate to smart businessmen? btw, there are lots of stupid ppl at google too... i know, i went to school with them

 

equity was still transferred one way or another...

+1 on the engineers not always being the best businessmen...they have done some great things, but even googles stock is overpriced/hyped. hope they enjoy their run at the top, if I own a large portion of google, i would be selling soon...

 

Hmm for 2 guys that started it in a garage less then 2yrs ago. I think they would have settted for like 300million. 1.6bill for Google is what u said. Chunk change for Google.

 

What would you do with $400 mil?

That's how much each one of the founders would probably get if they could cash out.

 

^^ probably less than that. sequioa probably owned 50% of youtube, so that's $800m out of the picture. then you gotta take out the deal sourcing fees. plus equity the company must maintain. i'd guess each of the cofounders might have had 15-20% ownership. i think larry and sergei had roughly that much of google as well.

 

i used to work at Google...that company is full of potential..