Interesting People mailing list archives
more on Jeffrey Chester: The Google YouTube Tango
From: David Farber <dave () farber net>
Date: Sat, 14 Oct 2006 08:50:27 -0400
Begin forwarded message: From: Patrick Sinz <patrick_sinz () yahoo com> Date: October 14, 2006 3:13:05 AM EDT To: dave () farber net Subject: Re: [IP] more on Jeffrey Chester: The Google YouTube Tango <snip>
Frankly, I'm astonished at the prices that have been paid for MySpace and YouTube. If these were physical, or at least persistent, assets that would be one thing. They aren't. Kids have always been smarter than "Grups" give them credit for. If the media barons become too invasive with the ads, everyone will just fade away to another meetingplace on the net, and Murdoch and company will be left holding the (nowempty) bag.
It is also obvious that peer pressure has no impact on the kids, as demonstrated by the fact that almost NO teen ager is wearing overprices branded shoes, and the constant infringment on their privacy has driven all of them (except some of the more dimwitted ones) away from MSN/AIM.
Scott
Unfortunatelly the level of "pain" that the "media barrons" can inflict on users of something like youtube (or skyblog) is not linked to the service itself, but to the service + the fact that all the other kids are using the same platform. So if for instance you are using the "really nice and cool peoples video blogging platform" vs youtube. You will NOT get into the "friends list of your friends (stored on youtube/skyblog/<current local culturaly accepted brand), and therefore your friends will not be "alerted" when you update your site, wich means that they will not "comment" on your site. i.e. your'e out. And as a final comment 1.6 Billion US$ is about 6 times the price of Mirabilis (and if I remember well Mirabilis was paid for in cash vs stocks for youtubes). I'd be very surprised if the "size" of the internet has not been multiplied by more than 6 in the past 8 years. Moreover I do believe that AOL would not have any hope of morphing from a modem access provider into a content provider without the leverage that ICQ gave them. (so who will be able to afford 10 Billion US$ for the "next big network effect based thing" in 2012 ?)
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