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YouTube

Is it 1999 all over again, with money chasing ideas without a viable business model? Or a brilliant move towards dominating the next generation of media?  Quote via the New York Times: “If you believe it’s the future of television, it’s clearly worth $1.6 billion,” Steven A. Ballmer, Microsoft’s chief executive, said of YouTube. “If you believe something else, you could write down maybe it’s not worth much at all.”  Not much more to say than that.  We’ll have to wait and see.