wise elephant, making it happen

YouTube, Google and Yahoo Share a Daddy

By jason - up to 2007 (archived) • Feb 14th, 2007 • Category: News for Creatives (archives)

Although this posting at Red/Write Web isn’t about the financing these companies have received, as we have displayed in our postings about Bolt.com, it seems that all these companies (and the users) are puppets in a value-inflation game to net these handful of investors the big money. Now market-driven-capitalism is good and well, I have no complaints on labor, value and reward, BUT when you realize that the same dudes are funding YouTube, Google (so when Google bought YouTube the investors were just laundering money paying themselves, tax-free) and Yahoo, as a creative professional I get a little anxious about using any of their services.
from Read/Write Web 

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