Monday, April 10, 2006

YouTube the MySpace for video

The FT today featured an interesting article on the latest hot Internet start-up - YouTube. And it looks set to become the MySpace of video.

Given that video is one of the hottest applications on the Internet this year and social networking the latest web craze - the combination looks set to become a huge payout for MyTube founders (ex PayPal guys) and backers Sequoia.

MyTube could even be worth over $1bn by the end of this year.

So what's the next big social networking idea? Get working on it - it could earn you a fortune!

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