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Re:Google Hardware makes cuts to laptop and tablet developme... by readittwice on Wednesday March 13, 2019 @04:13PM (#19383258)
They bought YouTube for a billion dollar - which was back then a crazy number. I still remember all that people arguing (including me) that Google would never make so much money back from YouTube. YouTube even had the reputation for being a huge loss for Google for multiple years.
Re:Google Hardware makes cuts to laptop and tablet developme... by bsder on Wednesday March 13, 2019 @05:38PM (#19384142)
The YouTube deal was a boardroom backscratch to the Sand Hill Road VCs. YouTube was hemorrhaging money on bandwidth with zero possibility of ever being profitable.