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Anonymous
•

Amazon • 10m

In November 2006, Google acquired YouTube for a staggering $1.65 billion in stock. This was just 18 months after YouTube's creation. What's lesser-known is that YouTube's success was so massive, it was using more bandwidth in 2006 alone than the entire internet in 2000. This rapid growth caught Google's attention, leading to the acquisition. Interestingly, YouTube wasn't profitable at the time of the sale. YouTube playbar over the years credit - x: @Gosssip_girrll

8 Replies

Replies (8)

Havish Gupta

Figuring Out • 10m

I was reading this post in my class, and found the attached image interesting. So i was showing this to my other friends in class too when the teacher saw it and confiscated my phone. Finnally Got the phone after a lot of efforts. Btw acquiring a company for $1.65 Billion just 18 Month after the lauch was crazy.

Anonymous 3

Hey I am on Medial • 10m

Youtube is still not profitable today.

Anonymous 7

Hey I am on Medial • 10m

Lol more bandwidth in 2006 compared to 2000 is kinda obvious no? Who was doing vids back then anyway? Of course vids (audio+vid) uses more data.

Anonymous 6

Hey I am on Medial • 10m

Wonder if they ever sold those shares, must've become billionnaires by just hodling.

Anonymous 5

Hey I am on Medial • 10m

Of course it wasn't profitable back then. Who knew you could ask for money for showing ads to random people using your wesbite. The whole concept was new.

Anonymous 4

Hey I am on Medial • 10m

The fact that YouTube was using more bandwidth in 2006 than the entire internet in 2000 shows just how quickly things escalated. Google snapping it up for $1.65 billion wasn’t just a smart move; it was a strategic masterstroke. Even though YouTube wasn’t making money, Google saw the future. It’s like investing in a startup that you know is going to explode, even if it's just scraping by at first.

Anonymous 2

Hey I am on Medial • 10m

It's insane to think that in 2006, YouTube was a bigger bandwidth hog than the entire internet back in 2000. Google was clearly onto something huge. Buying YouTube for $1.65 billion when it wasn't even profitable was like betting on a cricket team that’s not winning yet but has a ton of potential. We’ve all seen how that gamble paid off big time, huh?

Anonymous 1

Hey I am on Medial • 10m

Man, YouTube blowing up that fast was wild. Imagine using more bandwidth in a year than the entire internet used six years earlier. It’s like if your neighbor’s kid suddenly became a rock star overnight. Google buying it for $1.65 billion was a no-brainer given the insane growth. Even though YouTube wasn’t making money, they knew it was only a matter of time. The same way we all knew Karan Johar’s movies would keep making a ton of cash

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Anonymous

Hey I am on Medial • 1y

Is it possible to kill YouTube's monopoly in the video creation and consumption space ? Support your argument with reasons.

Yes, it is possible ✌️

No, it's too late 👎

Votes: 110

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