Google bought YouTube

Google bought YouTube. 1.65 Billion in stocks. Steve Chen, Chad Hurley and Jawed Karim are friggin rich. They stand to make $100-$200 million each. Congrats to Michael Arrington who first broke the story. Best example of blog moving closer to “mainstream” media.

Links:

TechCrunch
Robert Scoble
Mark Cuban thinks Google is still crazy
Usual TechMeme Stuff