meehawl

all that is solid melts into air, all that is holy is profaned

YouTube Shell Game

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There are a lot of these video sites, all of them losing money like crazy in hopes of becoming the next Broadcast.com, which was bought years ago by Yahoo in a $5 billion state of suspended disbelief. The leader in this space is certainly YouTube, but there are many, many others. This video sharing business fascinates me because right now it is a shell game built on a shell game. The video sharing sites are for the most part losing money — throwing, HURLING it away in huge wheelbarrows full, rather like the hyperinflation that plagued Germany right after World War I.

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