Suposedly Google just bought YouTube for 1.65 billion.
Well, that answers the question of whether or not Youtube will have the cash flow to pay their ISP bill. If I recall correctly, they had one round of financing: $10 M.
couldnt afford stuyvesant town?
I think it was 2 rounds of 11 and then an additional 25. Sequoia is rumored to have 20 to 30 percent now worth something over 400 M.
i'm really not sure what to think. M. Cuban has some interesting things to say over the past few days. i'll get links up soon - I'm just on my phone now and it's a little cumbersome.
clearly this is big big news in some way.
A recent article in the SJ Merc said they were backed with $11.5 from Sequoia. I found these two articles in a quick Google for "youtube venture capital". Not to say this is definitive, but they're all I could find.
$8 M from Sequoia, April 2006
$3.5 M from Sequoia, November 2005
founded February 2005
As an aside ... Computers are going to start having HW support in the graphics processor (GPU) for advanced compression techniques. With fast DSL, and HW decoding, expect full rez video and even HD to the desktop becoming more common, and perhaps mainstream in '08.
Sequoia
Their trophy wall (wall of framed announcments of IPO's and acquisitions) is very impressive.
Interesting speculation reprinted on Mark Cuban's blog.
(I guess I really should have put this post on teleclysm.)
It all just creeps me out, sorry. I hate "the suits."
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- jim 10-10-2006 12:54 am
Well, that answers the question of whether or not Youtube will have the cash flow to pay their ISP bill. If I recall correctly, they had one round of financing: $10 M.
- mark 10-10-2006 1:20 am [add a comment]
couldnt afford stuyvesant town?
- bill 10-10-2006 1:27 am [add a comment]
I think it was 2 rounds of 11 and then an additional 25. Sequoia is rumored to have 20 to 30 percent now worth something over 400 M.
i'm really not sure what to think. M. Cuban has some interesting things to say over the past few days. i'll get links up soon - I'm just on my phone now and it's a little cumbersome.
clearly this is big big news in some way.
- jim 10-10-2006 2:01 am [add a comment]
A recent article in the SJ Merc said they were backed with $11.5 from Sequoia. I found these two articles in a quick Google for "youtube venture capital". Not to say this is definitive, but they're all I could find.
As an aside ... Computers are going to start having HW support in the graphics processor (GPU) for advanced compression techniques. With fast DSL, and HW decoding, expect full rez video and even HD to the desktop becoming more common, and perhaps mainstream in '08.
- mark 10-10-2006 4:42 am [add a comment]
Sequoia
Their trophy wall (wall of framed announcments of IPO's and acquisitions) is very impressive.
- mark 10-12-2006 1:41 am [add a comment]
Interesting speculation reprinted on Mark Cuban's blog.
(I guess I really should have put this post on teleclysm.)
- jim 10-31-2006 8:29 pm [add a comment]
It all just creeps me out, sorry. I hate "the suits."
- tom moody 10-31-2006 8:39 pm [add a comment]