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Dot-Com Boom Echoed in Deal to Buy YouTube – New York Times A profitless Web site started by […]

Dot-Com Boom Echoed in Deal to Buy YouTube – New York Times

A profitless Web site started by three 20-somethings after a late-night dinner party is sold for more than a billion dollars, instantly turning dozens of its employees into paper millionaires. It sounds like a tale from the late 1990’s dot-com bubble, but it happened yesterday.