darconi on 09 February 2008
Did you guys seriously just say that the Youtube purchase was a good idea for google? Most investment analysts have criticized that purchase as a throwback to the old internet boom days of paying for eyeballs. There's virtually no profit being generated by the site in comparison to the price that was paid.
And the rejection by yahoo is sort of stupid on their part if they're trying to get more money. MS offtered a 60% premium, that's nearly 3x the normal amount for a takeover.
