
My good friends 1.65 Billion is an amazing amount of money? Talk about the venture firms and creators of the site cashing in this is defnitley the deal of the year. We all know Video has been hot but wow. It will be interesting to see how they get their money back on this one. [CNN]



Comments (2)
no, no! say it ain't so!
with all the smart people over there, they must have a good plan in mind... right?
Posted by lapidary
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October 9, 2006 8:58 PM
Posted on October 9, 2006 20:58
It was a stock trade not money. But just as good as money in my book!! Hmm... to start a video/social/podcast/network and sell it to Microsoft...???? LOL
ET
Posted by ainanet
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October 10, 2006 1:15 AM
Posted on October 10, 2006 01:15