Monday, May 20, 2013

YouTube



When Google purchased YouTube a few years ago it was widely considered a boondoggle because nobody (including me) saw how they could make money with it.

Well, this year alone it will bring in $4 billion.

By 2020, according to Morgan Stanley, it will be worth $20 billion.

When I'm wrong, I'm wrong. Good thing I'm not investing money for anyone (including me).