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Dinner’s on YouTube
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Written By Kate Zimmermann | February 8, 2007 | Share This
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Search Engine Journal reports that YouTube founders Chad Hurley and Steve Chen are cashing in as much as $1.53 billion in Google stock. About $504.4 million of that is headed to Sequoia Capital, and $326.2 million is going to Chen and Hurley each. In total, that’s about 3.23 million Class A shares of GOOG.
Catch more info on the deal from Bloomberg.
Discussion
- The YouTube Cashout (Blogging Stocks)
- The Great YouTube Cashout (Valleywag)
- YouTube Founders Selling $326 Million in Google Shares (Marketing Pilgrim)
Topics: Google, Investment, M&A |
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