Facebook Attracts YouTube CFO - For Sales Signs Going Up?

According to reports. Facebook has recently hired the CFO of YouTube, Gideon Yu, to join the company. Mr. Yu was responsible for helping to guide the sales of YouTube to Google for 1.82 billion dollars. Does this portend another Google acquisition in the social networking space versus and IPO.

As Mr. Zuckeberg and his executives are learning from MySpace is that loyalty is fleeting and enthusiasm for being a leading site may wane if new interesting applications or useful applications do not appear. Facebook is working hard in this direction.

A sale to Google would make a lot of sense given its ability to recoup its costs in a "pure" advertising play. Google also is looking at other media as well for acquisition so this may play into that strategy also.

Below is a link to an article in the New York Times Deal Book

http://dealbook.blogs.nytimes.com/2007/07/25/facebook-hires-former-youtube-cfo/

Note: This is not professional investment advice. Just the opinion of this blogger and pure speculation.