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Jon Erlichman: YouTube purchase price now matches 15 days of revenue

Jon Erlichman: YouTube purchase price now matches 15 days of revenue
YouTube revenue matches purchase price

Jon Erlichman, anchor and financial journalist at Bloomberg TV, highlights the scale of YouTube's revenues compared to its original sale price.

Google acquired YouTube for $1.65 billion. The platform now brings in $1.65 billion in revenue every 15 days.

Erlichman has recently tracked major developments across the tech sector. He outlined Nvidia’s projected revenue growth from $11 billion in 2020 to $913 billion by 2033. Earlier this year, he reported that leading software stocks such as Atlassian and Asana saw declines of over 50% during a steep market drop.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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