Should We Expect a YouTube IPO?
Blogging Stocks is of the opinion that we may soon see a YouTube IPO. While the company is only 2-years old and not making a ton of money, other recent events suggest the company may be getting ready to go public.
Over the weekend the Wall Street Journal reported that YouTube hired Yahoo’s Treasurer, Gideon Yu, to take the role as the CFO. No doubt this is a critical role for a high-flier IPO.
In fact, over the past few months, YouTube has been staging a talent raid of Yahoo. The company hired away such names as Rob Solomon, Yahoo’s vice president of online shopping, and Tony Nethercutt, Yahoo’s National Sales Director.
I definitely think YouTube has enough momentum and buzz to consider an IPO, then again, so did Vonage.