Google: useful but certainly not essential in my life.

YouTube: useful but even less essential than Google.

Would someone please explain to me how non-essential, unproven, highly-volatile “instant” virtual companies like these become “worth” astronomical amounts of money… or is the “worth” and the “money” also virtual vaporware?

Sometimes I feel as if I come from a different planet. If the Google, YouTube… hell, the entire Internet… disappeared tomorrow, I’d shrug my shoulders and go get a book or go fishing. Everyone else acts as if the world would come to an end.

If Google wasn’t free, I wouldn’t consider paying for it. Same with YouTube. Who figures out how much these things are “worth?”

And where does Google get $1.6 BILLION dollars worth of anything… cash or stocks in order to purchase YouTube.

Guess there’s something lacking in my financial education.

Truthdig provides lots and lots of video clips that come from Youtube. Sometimes, a picture(actually its video in this case) does worth a thousand words. I hope Google will continue this service.

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TOPIC: google youtube

START TIME:

2006-10-10 , 00:00 CEST (Brussels, Paris, Rome, Madrid, Stockholm).
2006-09-10 , 23:00 BST (London, Dublin, Lisbon).
2006-09-10 , 18:00 EDT (New York, Detroit, Toronto, Montreal).
2006-09-10 , 15:00 PDT (Vancouver, Los Angeles, Tijuana, Yukon).

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