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

Nice find, definitely lookin into this

Wow I'm reading threw that thread, defenitly nice find and quit the eye opener.

Isn't that like, illegal and junk?

Venture capital is a great gig. They didn't have any lockups or anything? Seems like a pretty dumb move on googles part.

Notice the owner of the site just added a comment at the bottom that the WSJ is calling. :1orglaugh :1orglaugh

bump u up

mark my words

blogs will drive this country into socialism

cool find

They burned through about $25mil of investor money before the google acq.

This deal was always very shady, but that's normal for VC funded internet startups.

That's a lot of money.

Sequoia Capital is the most powerful VC in the tech sector. For those who didnt know.....they had thier hands in Google launching, eharmony and so many more that I cant count. They are at the point now where they just sell one to the other (youtube-google) Do some reasearch on them.....you will be AMAZED!

very interesting, thanks!

By the sounds of it, there wouldn't have been a deal without Sequoia, so they took their many (more) pounds of flesh in return.

omg look at the last comment

Time to get some put options...

Yup, they've funded the who's who of tech.
WG

Wow... starting my research now

looks like they filed yesterday...
http://www.cnn.com/2007/TECH/interne....ap/index.html

http://en.wikipedia.org/wiki/Sequoia_Capital

"Sequoia provided venture capital for Google, Aricent, Yahoo!, Paypal, Electronic Arts, YouTube, Ometric, Insider Pages and was one of the first investors in Cisco Systems, Oracle and Apple. Around 10% of the value of NASDAQ is made up of firms funded by Sequoia.

Sequoia Capital is insane man, they know the market so well and everything they touch is gold. Crazy!!

That dude from fuckedgoogle.com is a real fucking nutcase that dosen't understand anything in this world.


The site wasn't making money in the first place, that's why they needed an investor. The owners probably never DREAMED about getting the ammount they got for the sale... and they sold a % of the venture too the financial insitution.

They didn't bribe them.

Sequoia is amazing group of business people with the companies they funded.

I think that would be the plan for them from the get go to cash out take a huge profit and reinvest in to the next google.

lucky fuckers.,

My friend started a video site (regional) like youtube down here and he's getting a massive payday from the start... TV advertisers, ford, etc... everybody wants a peice of this.

There is even a TV station who wants their website co branded with the video site.

They can put 15 seconds ads before the videos, they can put adsence on that with the related keywords... tons of stuff they can do.

someone really has sense of business...