Chad Hurley, YouTube’s chief executive, was paid in Google shares with a current indicated value of more than $345-million. He received 694,087 shares and an additional 41,232 in a trust.
Another founder, Steven Chen, received 625,366 shares and another 68,721 in a trust, for more than $326-million. Jarwed Karim, the third co-founder, received 137,443 Google shares, with an indicated value of $64.6-million.
Sequoia Capital, the sole venture capital backer of YouTube, received 941,027, valued at about $442-million.
YouTube was bought out less than two years after being founded for $1.65 billion; by far the largest buyout in Google’s history yet.
The executives and the VC (venture capital) firm were not the only winners though, many of the employees also received part of the acquisition money.
