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A lot of people describe the sand box as a switch that is turned on when a site is new and then turned off at some point when it has aged. But from my experience that is not a good description. It is just one of many factors that play a part in the complex Google algorithm. An aging delay penalty factor is a better description than a "sand box" as a site ages the factor is diminished ever so slowly over time.
A site like You Tube gets so much natural traffic and so many inbound links so fast the other positive factors outweigh the negative factors cause by the ageing delay. Kind of like a sprinter running downhill with a tail wind will beat a sprinter running uphill with a face wind.
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