YouTube Founders Cash In, Selling Google Stock

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YouTube investors, executives and its founders, Chad Hurley and Steve Chen, have filed to sell as much as $1.53 Billion in Google stocks which were received when Google bought YouTube last year.

Sequoia Capital is making out quite well on the deal also, with $504.4 million coming their way. Chad Hurley and Steve Chen are expected to bring in somewhere around $326.2 million each.

Now it’s time for Google to make the jump, securing distribution deals with large content producers, studios & networks such as they have with NBC and by successfully monetizing Google Video and YouTube via Google Video Ads.

Loren Baker
Loren Baker is the Founder of SEJ, an Advisor at Alpha Brand Media and runs Foundation Digital, a digital marketing strategy & development agency.
Loren Baker
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  • Margaret

    I think google has positively changed our world. They are creative, intelligent, and the best is yet to come.

  • http://www.smashingdir.com Chet

    God, If only I could have gotten my hands on some of Google Stock when they first came out…