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Monday, July 31, 2006

YouTube possible IPO?

Ever since Google offered an IPO, the tech IPO market is spreading like a California Wild Fire. Word on the street is that YouTube is casting for an IPO! Today, Chad Hurley, stated that an IPO of his company will be "exciting." But, IPO investors are tuff. For example take a look at Vonage who has experienced a horrible debut. Investors want another Google. I think that YouTube should wait a while before releasing an IPO... they must find a way to battle and win a spot over the Google, the Yahoo and the MySpace. The company is up there with them, but they should try to find a way to generate more profits and groundbreaking technology. Google took a while to issue an IPO... they gave themselves a chance to grow and BANG! entered the market... making it the most popular stock on the street. So far, YouTube has grown to be a company with hyper-growth and massive profits. I'll have more on this story for sure. Leave a Comment on what you think of YouTube issuing a possible IPO.

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