Reactions Run The Gamut On Google, YouTube Marriage

Iria · Oct 10, 2006, 06:28 AM

Source: TechWeb
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Industry executives met Google Inc.'s marriage to YouTube Inc. with mixed reactions Monday after the internet search giant agreed to acquire privately held YouTube for $1.65 billion in stock.

It's been a wild ride for the startup founded in February 2005 in a Menlo Park, Calif., garage. YouTube announced its first round of funding the following November for $3.5 million from venture capital firm Sequoia Capital. In April 2006, the company received an additional $8 million in a second round of funding from Sequoia.

Oct 10, 2006, 06:28 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Reactions Run The Gamut On Google, YouTube Marriage Source: TechWeb ______ Industry executives met Google Inc.'s marriage to YouTube Inc. with mixed reactions Monday after the internet search giant agreed to acquire privately held YouTube for $1.65 billion in stock. It's been a wild ride for the startup founded in February 2005 in a Menlo Park, Calif., garage. YouTube announced its first round of funding the following November for $3.5 million from venture capital firm Sequoia Capital. In April 2006, the company received an additional $8 million in a second round of funding from Sequoia.