I think from track record of this guy Vincent Dureau he knows how to use 1.65 billion USD in more efficient way if you really would like to build TV over the Net and not just please your Funding Masters:
It seems that in so far away from Google headquarters "small" European Amsterdam Mr Dureau spoke from his heart and I believe him. looks like YouTube deal was masterminded before he joined Google, guy must be promised Funds and Freedom to build TV over the NET but then Google just spend 1.65 billion on YouTube, Sequoia does not mind thou. Now growth slows, costs are rising, margins compressed: Operational cash Flow in Q4 down 9% from Q3 and they Cut Capex in Q4 just to stay above the water (FCF is flat 2006 over2005), I bet Video was in the first lines of cutting CAPEX. Vincent does not look happy and as a real proffi he start talking. Clearly Question is: will he be sacked back home, or we will get New Spin to cover up the story. You know how hard the Company which would like "to make information available to everybody in the world" with its own secrets and Blogging there could not be called really this word. I can not believe at the moment that it was authorised Goggle's position.
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