YouTube Generated Around US$100m per Month

As predicted, Google snapped up YouTube for US$1.65m. That means, in its short life of 18 months, the revenue-less company increased its value by around US$100m a month! Not bad.

It will be interesting to see how Google continues this rate of value creation, which is clearly what the market would demand of a public company. I also look forward to Yahoo's official remarks. We've already heard Mark Cuban's comments; he said something like anyone who buys YouTube is a moron (see an SMH blog in the topic here)

In more considered terms, I think Cuban might be on to something (as I've said previously). However, it should be remembered that Yahoo also has a history of overpaying - like it's $5b purchase of Cuban's own broadcast.com in 1999. Hey, a guy's gotta make a living!