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HYPERMARIO

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HYPERMARIO

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Thursday, 02/08/2007 8:58:59 AM

Thursday, February 08, 2007 8:58:59 AM

Post# of 7673
The payoff for YouTube

Google filed papers to regulators that revealed how much YouTube's founders and initial investors made when they agreed to be acquired by Google last year. Google paid $1.65 billion in stock for the popular video-sharing site. Google shares worth $345 million went to YouTube co-founder and CEO Chad Hurley. Another founder, Steven Chen, got $326 million. The third co-founder, Jawed Karim, quit the company early on to go to grad school, but still collected Google shares worth $64 million.
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