12. "Uh yeah adsense, increased customer base, content licensing/distro..." In response to In response to 10
I'm sure they're betting that video blogging will, over time, achieve the same sort of growth that text blogging has. If that happens, and they can position themselves as a market leader (which they just did), it will be a fantastic investment.
But yeah, as of tomorrow they bought a ridiculous amount of traffic for their ads (YouTube is the 10th most popular site in the world), a devoted user base, a powerful brand, and a tremendous amount of content.