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Numbers Are Out on How Rich the YouTube Deal Was

2 founders each get ~700K google stock

     
6:58 am on Feb 8, 2007 (gmt 0)

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from ny times [nytimes.com]:
Everyone suspected that the investors, founders and early employees of YouTube made tidy sums when it was acquired by Google for $1.65 billion in stock late last year.

But until yesterday, few knew just how tidy those sums were. The answer, which Google delivered in a filing with the Securities and Exchange Commission, is now in: The sums are big enough to spark a new wave of envy across Silicon Valley.

the third founder left early to go back to school.
hope he finishes his degree now that he doesn't have to worry about making the tuition payment...

2:49 pm on Feb 8, 2007 (gmt 0)

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Even quitters win sometimes.
4:35 pm on Feb 8, 2007 (gmt 0)

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You mean how expensive (to GOOG investors) it was, not how rich...if the investment ever makes money, then you post again with how rich it is...
5:24 pm on Feb 8, 2007 (gmt 0)

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I wanna know what their 1 year bandwidth bill looks like ;)
12:00 am on Feb 9, 2007 (gmt 0)

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YouTube seems to make no financial sence, yet Sequoia backed both Google and YouTube. They probably know something all of us do not.
12:03 am on Feb 9, 2007 (gmt 0)

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the quoted headline is ny times' editorial, not mine...
4:13 pm on Feb 9, 2007 (gmt 0)

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Did I read somewhere where the YouTube receptionist got $1.3 million in Google stock?

That's like almost ten whole shares at the current stock price.

Wonder if she's married . . . or would like to be?

6:33 pm on Feb 9, 2007 (gmt 0)

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-- YouTube seems to make no financial sence, yet Sequoia backed both Google and YouTube. They probably know something all of us do not. --

Not necessarily, look at Yahoo's futile purchase of broadcast.com and Ebay's futile purchase of Skype. Neither has made any money from their deals so far.

7:48 am on Feb 11, 2007 (gmt 0)

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Regardless of what you say about it not being smart for google i would LOVE to be one of those founders :)
2:55 pm on Feb 11, 2007 (gmt 0)

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i would LOVE to be one of those founders

I'd love to hire them as sales/m&a consultants! What a sell job they did.

JAG

3:07 pm on Feb 11, 2007 (gmt 0)

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Yes, but if Yahoo had not purchased Broadcast.com we would not have had the pleasure of watching Mark Cuban's antics in the NBA.
12:37 am on Feb 12, 2007 (gmt 0)

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gibbergibber said : "...Ebay's futile purchase of Skype. Neither has made any money from their deals so far."

EBay will make a fortune out of Skype in the long run. They paid waaaay too much for it but I still think they'll make money off it in due course.

1:09 am on Feb 12, 2007 (gmt 0)

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>> YouTube seems to make no financial sence, yet Sequoia backed both Google and YouTube. They probably know something all of us do not.

yeah they do know somthing: Sequoia sold it to Goog and made a killing :).

As other have pointed out, companies do make mistakes, and sometimes they buy just not to have others buy them. Maybe Youtube on Yahoo's hands would have given Y! an edge. That can't be good from G's perspective.

6:12 am on Feb 14, 2007 (gmt 0)

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Sequoia Capital used shareholder money from GOOGLE stock to pay for YouTube. I think they picked up $400 million from the Youtube sale.

Start a company "ABC". Let investors invest in it. Start cashing out money via "stock selling". Get "ABC" company to buy another company for a ridiculous price, lets call this firm "CBA". Get a huge chunck of cash immediately, plus continue selling GOOGLE stock. ;)

 

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