Wilson: YouTube sold to Google due to copyright fight costs
Fred Wilson · a16z Podcast | Technological Trends, Capital, and Internet 'Disruption' · Jan 2, 2019 · at 17:19
Fred Wilson (Union Square Ventures) explains how YouTube's aggressive growth strategy on copyright required a corporate parent with massive legal backing like Google.
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“Right, but that ultimately caused them to have to sell to Google. Because they concluded that they couldn't continue to play the game that way, which was the right way to play the game. As an independent company. They needed somebody who could fight the content owners.”
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