"I'm here to tell you that NBC is not some cold, corporate machine. It's people like me, trying to put their son through prep school and buy their daughter a horse." Mark Cuban told an advertising conference last month that only a "moron" would buy YouTube.
That means you, Larry, Sergey, and Eric. Especially Eric, I suppose. “It’s not about the video. It’s about creating a community around the video.”
There is no community in Google. If there's anything that could be Google's eventual undoing, it is this. I question whether buying YouTube could fix this. Google’s largest investment to date was its $1 billion equity investment in Time Warner’s AOL subsidiary, which was part of a multiyear advertising deal.
I had no idea about that. What are they doing investing in AOL? |