YouTube being the largest video sharing site in the world with millions of people visiting the site, surprisingly makes in to the list. Why? Is it too early to conclude it as a failure? We would say yes considering the humongous $1.65 billion investment by Google! Author claims that the YouTube business model is not good and just earns in millions (Forbes estimated it as $200 million for Year 2008) and may eventually fail due to the high cost to maintain the huge storage and bandwidth required. Also, most of the video uploaded in YouTube are of low quality and might hardly attract buyers. We feel that if YouTube strengthens its advertisement model on YouTube, definitely there is a chance that it would not fall. A premium user account is welcome to watch videos in full resolution
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Here’s the Time’s list “The 10 Biggest Tech Failures of the Last Decade”:
What do you have to say about the list?