The YouTube guys are beyond rich!

Posted on February 7th, 2007

The founders of YouTube, the video sharing website purchased by Google, have had a very serious payday. Yesterday Google filed a registration statement with the SEC, disclosing that founders Steve Chen and Chad Hurley each received well over $300 million of Google stock. The third co-founder of YouTube, Jawed Karim go about $65 million of Google stock.

At the time of the acquisition, YouTube had been in existence for 19 months and had 67 employees. Its value apparently came from the fact that consumers were viewing videos thorugh the service over 100 million times a day.

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