Lot of people including Mark Cuban predicted that Youtube is a sinking boat and that Google made a horrible mistake in buying it. Look at the present situation

Lot of people including Mark Cuban predicted that Youtube is a sinking boat and that Google made a horrible mistake in buying it. Look at the present situation - youtube is raking in 1B per year. Any market leader facebook/zynga/twitter with their user base can become a cash cow with enough focus. No one else in the world get internet companies like valley/US does. This is the single most reason every other country's .com company gets traded in nasdaq.