Did Google Buy YouTube So Yahoo Couldn’t?

The channels are full of the big news: Google has bought YouTube. And as I read the commentaries, I wonder what’s going on. We have so many opinions and most of them are on similar lines…

  • Google made a stupid mistake
  • Eric Schmidt is a moron
  • GoogTube
  • et al.

What I find particularly missing are two core facts:

  1. Google’s total IQ is probably more than the GDP of some countries (it’s not my line, I read it somewhere ages ago). They don’t make stupid mistakes.
  2. Yahoo has been on a roll recently with some very cool, strategic buys that are pushing them hard into a challenging position and they have been making some very bold decisions to get there (eg: making yahoo mail source open).

So I ask, is this $1.65 billion purchase of YouTube more a stupid mistake by those who can do no wrong or a very capable strategic decision for a cash-rich company to deny one of its biggest rivals a fast-track into the competitive online video arena?

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One Response to “Did Google Buy YouTube So Yahoo Couldn’t?”

  1. Joyce Says:

    i had left a comment for you but didn’t hear from you. would appreciate a reply. thanks. am in the middle of a lot of research and you might be able to help be by telling me about the villagers i mentioned. copy pasting my previous comment:
    sorry this comment is unrelated to the immediate post.
    I was doing research on my family tree and googled for Alwar – your blog came up with the Oct 2005 post on Family History. My ancestors, it seems, were in Alwar till the late 1800’s until my great, great, great, grandfather left and settled in UP.
    Who are these villagers from Rajasthan keeping records? Can i get in touch with your cousin who found them? What are the places they maintained records for? Is Alwar one of them? I live in Delhi, so making a trip to the concerned village might be possible in the near future.
    Waiting for your response – i’d prefer if you e-mailed at the address i’ve provided. I hope you still maintain this blog.
    looking forward to hearing from you.

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