Google acquired YouTube for $1.65 - It was (and still) the most popular video sharing website on the internet with around 72 million unique visitors each month. But YouTube wasn’t making any money and future monetizion was difficult as most content uploaded on YouTube was not considered advertiser-friendly.
Another hot property Facebook is denying rumours of selling the company, Peter Thiel of Facebook has indicated that Facebook worth is over $8 billion with over 30 million users and over 15 billion page views every month.
Contrast these numbers with $5.6 billion that Rupert Murdoch of News Corporation paid to buy Dow Jones, publisher of the Wall Street Journal. WSJ has the cream of journalist and writers, read and respected by everyone around and they also have around a million paying subscribers who pay as much as $99 yearly for reading the paper online.
Maybe Internet properties are vastly over-valued.
No comments:
Post a Comment