Trends in Web 2.0
What Google's acquisition of YouTube means for Web 2.0
It's hard to put a seriously negative spin on Google's $1.65 billion acquisition of online video startup YouTube. But opinions differ on the exact import of the biggest internet deal to date. Some say the lofty sum paid by the deep-pocketed Google suggests the deal represents the high-water mark--or even the beginning of the end--of the Web 2.0 renaissance.
"I certainly don't think there will be another YouTube in [terms of] price," says Jay MacDonald, partner in New York City media banking firm DeSilva + Phillips. MacDonald's rationale: As first mover in the online video space, YouTube naturally commands the biggest price tag, and anybody who follows will get less.
Continue reading this article - and everything on Entrepreneur!
We make some of our best content available to Entrepreneur subscribers only. Become a subscriber for just $5 to get an ad-free experience, exclusive access to premium content like this, and unlock special discounts.
Entrepreneur Editors' Picks
Crypto Doesn't Have to Be Serious. Just Ask This Comedian Who Organized a Conference About Failure in the Industry.
Want to Succeed? Turn Your Fixed Mindset Into a Growth Mindset.
Google's CEO Is Asking Employees 3 Simple Questions to Boost Productivity
'Greatest Storyteller Wins.' Katy Perry on the Surprising Link Between Pop Stardom and Entrepreneurship.
The 5 Personalities You Meet in a Coworking Space
'Man's Best Friend' — and Investment: The Thriving Industry of Pet-Related Franchising