Most of you probably heard that YouTube was bought by Google for an astounding USD 1.65 billion. The numbers floating on the web say each of the 3 co-founders - Chad Hurley, Steve Chen, and Jawed Karim might take home USD 100-200 million and the VC firm - Sequoia Capital which invested USD 11.5 million is now worth up to USD 660 million — in less than a year, that is a return of 5600%. All 3 co-founders were early employees at PayPal which is now owned by eBay. For nostaglia sake here is the first video ever upload to YouTube.
Do YouTube?
October 11th, 2006 · No Comments ·
Tags: Technology
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