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Google Buys YouTube for $1.65 Billion

CommieOverlord Re:Golden Google (424 comments)

Google doesn't think YouTube is worth $1.65B. It also doesn't think it's stock is worth ~$400 a share. However, the two overblown figures tend to cancel each other out.

Uh, no. If I think my shares aren't really $400, then I spend them to go buy stuff that I actually think is worth $400. That way when other people realize my shares aren't worth $400, I'm still have $400 of stuff instead of $5 shares.

more than 8 years ago


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