Two months ago, Google bought YouTube for $1.65 Billion. Now that seems like a huge figure, for a startup; and with potential for litigation over copyright, many wondered whether it made sense for Google.
To quote fellow blogger Delta
Google also probably guessed that they were about to take on board a huge legal fight that would probably cost them billions more than the $1.65 billion that the company, YouTube cost them.
Here’s the reality. The acquisition was an all-stock deal; Google didn’t pay any cash, just released additional stock.
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