Quote:
Originally Posted by Sly
Anyone know who bankrolled the project when they first started?
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Link
YouTube was hatched by Chad Hurley, Steven Chen and Jawed Karim, all PayPal alumni, early last year. At a backyard barbecue last summer, Mr. Karim showed the site to a friend, Keith Rabois, a former PayPal executive who now works at LinkedIn. Mr. Rabois later told PayPal?s former chief financial officer, Roelof Botha, who is a partner at Sequoia Capital, the venture firm that has backed Apple, Google and Yahoo, among other big names. After meeting with YouTube?s founders, Mr. Botha got Sequoia to invest in it.
I'm sure having PayPal as a stepping stone helps ;)