The author cites Spencer Wang's estimate of YouTube's earnings yet again, despite the fact that most HN reader have pointed out that those numbers are useless.

The author cites Spencer Wang's estimate of YouTube's earnings yet again, despite the fact that most HN reader have pointed out that those numbers are useless. It's amazing how crappy information like this keeps getting spread around, and I think it reflects the authors eagerness to prove his point with little regard for the facts.