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Old 02-09-2007, 06:47 AM  
DomBuyer
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Join Date: Sep 2002
Location: Amalfi Coast
Posts: 2,595
How to turn $11M into $509M the YouTube way

Sequoia Capital put $11m into YouTube and will get $509M

One of the YouTube founders was paid $65M to keep his mouth shut.

Both the founders of YouTube and Sequioa are bailing out of the stock 100% within the next 30 days.

Nice. Capitalism rocks.

A fascinating read. Make sure to read the comments section.

http://www.fuckedgoogle.com/google_n...e_and_seq.html
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