"Only a Moron Would Buy YouTube"

Said Mark Cuban.

Mark Cuban, co-founder of HDNet and owner of the NBA's Dallas Mavericks, said that only a "moron" would purchase YouTube. His reasoning being that it will only be a matter of time that YouTube will be "sued into oblivion." He also had choice words for viral marketing campaigns saying they don't work because "what makes viral so special is it's so hard to do. It's so hard to plan. It's hard to stand out." He also says there is no substantial advertising potential in sites like YouTube.
~DV Guru

Cuban's P.O.V. from his Blog Maverick

Some thoughts on Youtube and Google
I still think Google is crazy :)
Gootube - The End of DRM ?

YouTube founders Chad Hurley, Steve Chen, and Jawed Karim are estimated to make between $100 and $200 million on the deal.

Sequoia, one of YouTube's first funders, provided $11.5 million (in two rounds). How much do they make?

Michael Arrington wrote that Sequoia likely did whatever it could to maintain it’s equity share in the company. He estimated that share was between 25% and 30%.

What does this mean? If Sequoia put in $11.5 million for 30% of the company, and if in fact YouTube is being acquired for $1.6 billion then Sequoia’s stake translates into approximately $480 million (subject to a slight adjustment upwards if Sequoia had what is known as participating preferred stock). That’s a multiple of more than 41 times what was invested in a company founded in February 2005.
~TechCrunch

PVRWire has an informative post on the deal here.

Google Video goes head to head with YouTube.