Gotta hand it to founders Chad Hurley and Steve Chen
Photo illustration by Tony Avelar/AP
YouTube, meanwhile, gets the benefit of Google's data center infrastructure, as well as protection from copyright lawsuits, thanks to Google's deep pockets, legal team, and relationships with large media companies.
Roughly two-thirds of U.S. online video visits go to YouTube or Google Video. So Yahoo and Microsoft will have to do something drastic to match the breadth of Google's search advertising reach, and it's going to cost them--Yahoo's offer of about $1 billion for Facebook reportedly isn't enough to pique the interest of the social networking site's management. Owners of profitless sites take heart: Sell before the bubble bursts and you might be the next Mark Cuban.