Jason Calacanis nails the reason why YouTube is not a real business. Why? Because it’s making a lot of traffic out of pirated material. Bully for them, but a real business this does not make. Still, YouTube’s service is useful for the rest of us in the mean time, whether they get bought or not.
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You could also argue that the
You could also argue that the viral sites like Kontraband, Newsfilter, etc. have been doing the same thing (allegedly) for years. If their ratecards are to be believed (supply your own bag of salt) there’s money to be made.