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I thought YouTube is still not profitable? Like it provides a lot of value for their larger, long scale strategy but is bleeding money short term? I'm no exper
by whymauri 8y ago
I thought YouTube is still not profitable? Like it provides a lot of value for their larger, long scale strategy but is bleeding money short term?
I'm no expert, I just see this narrative parroted all the time.
- SatvikBeri 8y agoAs far as I can tell, Google hasn't disclosed whether YouTube is profitable. What we know is that most analysts predict YouTube makes ~$10BN in revenue, is growing 30%-40% per year, and is valued at somewhere between $75BN-$150BN (much more than Google paid for it.) But those are just analyst predictions, it's very hard to tell when Google's not saying anything.