4 ms·
Serious investors look 10 to 20 years in the future. Everyone used google and youtube in 2006, but youtube wasn't profitable til 2016. How could a business burn
by casey2 4mo ago
Serious investors look 10 to 20 years in the future. Everyone used google and youtube in 2006, but youtube wasn't profitable til 2016. How could a business burning money by hosting video ever be profitable? Costs come down BUT THEY JUST ADDED 720p, cost comes down, BUT THEY ADDED 1080p, cost comes down, 4k! cost comes down.
IMO the data from chats alone is worth $200B to Google.
- locusofself 4mo agobut they are trying to IPO with 2-trillion dollar valuations
- CraigRood 4mo agoNot really a comparison when the spend on YouTube was x10 smaller, and Googles core business has always been profitable beyond any hobby spending on YouTube.
- runtime_terror 4mo agoThe amount invested into AI companies is no where near anything we've ever seen before. It's apples to oranges.