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YouTube is for sale and it’s magic number is $1.5 Billion. While most media companies think the number is too high, YouTube founders believe that they could get what they are asking for.

I think YouTube has a huge potential for growth especially that they enjoy a level of freedom that TV has lost to the FCC.

And if facebook is asking for $1.0 Billion then YouTube seems like a bargain…

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37signals announced today that they raised venture capital from Jeff Bezos (the guy behind amazon.com)

The move seemed to upset a lot of 37signals followers. 37signals has been a successful business model for small startups. They built very popular web 2.0 projects (Basecamp, Backpack, Campfire, Tadalist, and Writeboard) and initiated the development of RoR (Ruby On Rails).

I totally understand the reason behind their move and I think Bezos is one of the most innovative entrepreneurs and his input will be very crucial to take 37signals to the next level.

Congratulations to 37signals..

Google Checkout has been released today the service offers a �Faster??? way to pay for things you buy online. Customers who sign up for the free service can type their credit card information into Google system once and then reuse it on any website that supports it without the need to re-enter the information again.

It sounds cool but definitely not new. The only thing new about it is the fact that it�s the only system Google introduced as a production version (no beta). And obviously you can�t role out any application that deals with people financial information and call it beta without scaring people off.

I am a big fan of Google � well �everybody loves Google???. However, I am skeptical about this checkout thing. PayPal almost offers the same thing but they are only integrated with few websites. Even MS Passport Network wasn’t that successful convincing e-commerce websites to use their system.

What would make Google more successful?

I do acknowledge Google’s influential power in the IT domain but what about their power in the business world where numbers are the most important things? Can Google convince CFOs that their numbers are better than their competitors?

For every $1 you spend on AdWords, you can process $10 in sales for free through Google Checkout If you exceed your free transaction processing for the month, or you don’t advertise with AdWords at all, you’ll only be charged 2% plus $.20 per transaction.

only time will tell