Sony acquired Grouper, a video sharing site, yesterday. Like its competitors YouTube, Guba, and Str8up, Grouper has zero profits, but Sony's acquisition indicates that the further acquistions by its competitors may not be far behind. Like the late 90's Internet bubble, profits don't matter, and "eyeballs" do.
Thursday, August 24, 2006
Grouper caught!
Sony acquired Grouper, a video sharing site, yesterday. Like its competitors YouTube, Guba, and Str8up, Grouper has zero profits, but Sony's acquisition indicates that the further acquistions by its competitors may not be far behind. Like the late 90's Internet bubble, profits don't matter, and "eyeballs" do.
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