John Battelle heard that YouTube is worth $1 billion and calls bullshit on whoever believes that. As Tim Shey notes, lots of people are comparing YouTube to Napster (except for YouTube, of course), and I think the comparison is apt. Both services have potentially infinite intangible value but little business value.
...is a weblog about the liberal arts 2.0 edited by Jason Kottke since March 1998 (archives). You can read about me and kottke.org here. If you've got questions, concerns, or interesting links, send them along.
