do you think that YouTube was a good acquisition for Google it remains to be
acquisition for Google it remains to be
acquisition for Google it remains to be seen there certainly claiming that it is
seen there certainly claiming that it is
seen there certainly claiming that it is it that it’s working out so last week
it that it’s working out so last week
it that it’s working out so last week Eric Schmidt and Sergey Brin held a sort
Eric Schmidt and Sergey Brin held a sort
Eric Schmidt and Sergey Brin held a sort of impromptu press conference for you
of impromptu press conference for you
of impromptu press conference for you know maybe a dozen of us in the room
know maybe a dozen of us in the room
know maybe a dozen of us in the room Schmidt said that you know while he had
Schmidt said that you know while he had
Schmidt said that you know while he had turned he turned off the M&A part up the
turned he turned off the M&A part up the
turned he turned off the M&A part up the business for a while there he turned it
business for a while there he turned it
business for a while there he turned it back on so that’s a good sign although I
back on so that’s a good sign although I
back on so that’s a good sign although I think he’d said that in the past and I
think he’d said that in the past and I
think he’d said that in the past and I asked him if he would if he would have
asked him if he would if he would have
asked him if he would if he would have Quach if he would do another YouTube
Quach if he would do another YouTube
Quach if he would do another YouTube acquisition he said YouTube and and
acquisition he said YouTube and and
acquisition he said YouTube and and double-click which is also another big
double-click which is also another big
double-click which is also another big acquisition twice as expensive right are
acquisition twice as expensive right are
acquisition twice as expensive right are going to prove to have been some of the
going to prove to have been some of the
going to prove to have been some of the best money that that Google has ever
best money that that Google has ever
best money that that Google has ever spent
spent
spent and he also pointed out that you know
and he also pointed out that you know
and he also pointed out that you know when you do a small acquisition if you
when you do a small acquisition if you
when you do a small acquisition if you fail if it fails it kind of doesn’t
fail if it fails it kind of doesn’t
fail if it fails it kind of doesn’t matter right and at a large acquisition
matter right and at a large acquisition
matter right and at a large acquisition the metric of success is a different
the metric of success is a different
the metric of success is a different level right if they have bought YouTube
level right if they have bought YouTube
level right if they have bought YouTube for a hundred million dollars you’d say
for a hundred million dollars you’d say
for a hundred million dollars you’d say it’s an astounding success look at it a
it’s an astounding success look at it a
it’s an astounding success look at it a billion views a day and you know they’re
billion views a day and you know they’re
billion views a day and you know they’re trying to get to make it so that they’re
trying to get to make it so that they’re
trying to get to make it so that they’re not paying more for bandwidth than they
not paying more for bandwidth than they
not paying more for bandwidth than they are for whatever ads that are able to
are for whatever ads that are able to
are for whatever ads that are able to put on it but they didn’t they paid it
put on it but they didn’t they paid it
put on it but they didn’t they paid it one point six billion dollars so I think
one point six billion dollars so I think
one point six billion dollars so I think that it remains to be seen whether they
that it remains to be seen whether they
that it remains to be seen whether they get a return on that but in terms of did
get a return on that but in terms of did
get a return on that but in terms of did they take a site that was bursting at
they take a site that was bursting at
they take a site that was bursting at the seams and make it the default way to
the seams and make it the default way to
the seams and make it the default way to watch videos you know on the web in the
watch videos you know on the web in the
watch videos you know on the web in the world yes but by that measure it
world yes but by that measure it
world yes but by that measure it definitely was a success and then you
definitely was a success and then you
definitely was a success and then you have to ask yourself that they hadn’t
have to ask yourself that they hadn’t
have to ask yourself that they hadn’t bought it would YouTube have imploded
bought it would YouTube have imploded
bought it would YouTube have imploded would still be around I actually think
would still be around I actually think
would still be around I actually think it was a great deal because it was a
it was a great deal because it was a
it was a great deal because it was a stock deal so who cares you’re issuing
stock deal so who cares you’re issuing
stock deal so who cares you’re issuing paper let’s print more paper but mainly
paper let’s print more paper but mainly
paper let’s print more paper but mainly YouTube now is as dominating in video as
YouTube now is as dominating in video as
YouTube now is as dominating in video as Google is in search so it’s given them
Google is in search so it’s given them
Google is in search so it’s given them both the you know the current lion’s
both the you know the current lion’s
both the you know the current lion’s share of online advertising because only
share of online advertising because only
share of online advertising because only that it’s the second largest search
that it’s the second largest search
that it’s the second largest search engine it’s it’s like exactly and that’s
engine it’s it’s like exactly and that’s
engine it’s it’s like exactly and that’s the last thing they’ve totally now
the last thing they’ve totally now
the last thing they’ve totally now cornered search that whatever Microsoft
cornered search that whatever Microsoft
cornered search that whatever Microsoft wants to do you know it’s still not just
wants to do you know it’s still not just
wants to do you know it’s still not just going I’m going to go chase Google but
going I’m going to go chase Google but
going I’m going to go chase Google but it also has to chase YouTube so I think
it also has to chase YouTube so I think
it also has to chase YouTube so I think was a good deal
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