Filing Details Windfalls for YouTube Founders, Investors in Google Deal

Authored by Mark Hefflinger on February 8, 2007 - 10:18am.

Washington - The paydays experienced by YouTube investors when the company was acquired for $1.65 billion last year by Google were fully detailed in a filing with the Securities and Exchange Commission on Wednesday.

Among the beneficiaries were the three YouTube founders, venture capital firm and early investor Sequoia Capital, and funds associated with Artis Capital Management.

The breakdown, in Google shares and their current valuation, follows below:

 

Chad Hurley (YouTube co-founder, CEO): 694,087 shares, $345 million

Steven Chen (YouTube co-founder): 625,366 shares, $326 million

Jawed Karim (YouTube co-founder): 137,443 shares, $64 million

Sequoia Capital XI Fund (invested $11.5 million in YouTube): 941,027 shares, $442 million

Sequoia Capital XI Principals Fund: 102,376 shares, $48 million

Sequoia Technology Partners XI: 29,724 shares, $14 million

Artis Capital Management (YouTube investor): 176,621 shares, $83 million

 

Related Links:

http://finance.yahoo.com/q/sec?s=GOOG

http://www.nytimes.com/2007/02/08/technology/08google.html

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