It looks like YouTube does have a business plan and today it became apparent. Google picked up Youtube for a buck sixty-five. (1.65 Billion USD). Another in a series of tremendous moves that make Google the ultimate example of a radical trust company (China not included) . In spite of YouTube’s lack of a sustainable business model and pant-load of pending copyright lawsuits, investors rallied behind the decision and forked out an extra $8.60 per Google share by closing bell.
Expect Yahoo! to follow up shortly with the purchase of Facebook to add to flickr and the rest of their 2.0 portfolio, and we have a radical trust face off.
By the way, If Google is interested, I would have sold them radicaltrust.ca for like, half that.
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