Let the lawsuits begin

$1.65 billion To me it is one of the most intruiging things about the Internet: how companies create money by spending it. The more you spend the more you get in the end – or so it seems. It worked during the Internet hype (1995-2001) and it’s obviously how it still works now in the post-bubble era: Google announced yesterday that it will buy YouTube for $1.65 Billion in stock. You can take that to the bank! I can understand the idea behind Google buying YouTube: it is far more popular than their own Google Video. But there is one […]