Facebook lost the Battle
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There was an intern battle between Marc Zuckerberg (founder of facebook) and Chad Hurley & Co (founders YouTube) about who was going to be aqcuired first and for the most money.
Zuckerberg turned down a 750 million dollar deal in march this year and rumours go that Yahoo is offering 1 billion dollars as we speak. Facebook is hoping for a 2 billion deal, but I believe that if they don’t take the billion dollar offer of Yahoo, they make the worst decision ever! Now that they’ve opened up registration (so anyone can join) they are just another Myspace (note that myspace is much bigger) and they will have problems facing the giant. Within Yahoo it can become an interesting battle. All alone….. little chance to survive (or at least sell it for an amount around 1 billion dollars).
But as everybody probably knows by now is that Google bought YouTube last night. They’ve acquired YouTube for 1,65 billion dollar in GOOG shares. So Chad won the battle over Marc, faster and higher price. And Marc, take my advice, settle the deal with Yahoo for 1 billion.
Check Chad and Steve’s Thank you video.
It might be a nice idea to invite both gentlemen to speak at The Next Web Conference :)
Gabriel said,
Wrote on November 18, 2006 @ 5:02 am
Well done!
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