Yahoo and Google were both in the running to acquire Google in 2006. Apparently, Yahoo and Google executives met with Youtube's founders in a Denny's. Google won out in that meeting, mostly because:
But what if, for some reason, YouTube's founders decide to go with Yahoo, and it is Yahoo, and not Google, that ends up purchasing YouTube? How does this change the future of YouTube, by then one of the fastest growing internet sites, and the direction of Yahoo, which seemed to be in a slow downward spiral since their peak at around 2007?
Chen said that his meeting with then Google CEO Eric Schmidt was instrumental in the decision to go with Google. Schmidt basically promised the founders unlimited resources in return for an “infinite amount of happy users” and an “infinite amount” of good content; “Here are all the resources that Google has around the world, and you can pick and choose”
“For twelve months, whatever we wanted to do, we were allowed to do,” Chen said “It was tremendous courage from Eric, allowing this group of 20 year-olds to run the company.”
But what if, for some reason, YouTube's founders decide to go with Yahoo, and it is Yahoo, and not Google, that ends up purchasing YouTube? How does this change the future of YouTube, by then one of the fastest growing internet sites, and the direction of Yahoo, which seemed to be in a slow downward spiral since their peak at around 2007?