In stark contrast to my article I just submitted about Sevin Rosen Funds deciding to not close on Fund X, we note that Google has purchased YouTube for $1.65B in stock.
TechCrunch says Sequoia could take $480 million from Google/YouTube deal.
Not bad for Sequoia, especially if they really put something under $20M to work here.
Sounds like VC is not broken after all.
Tags: Google, YouTube, M&A, acquisition, Sequoia, VC, Venture Capital, TechCrunch, Brian Berliner, brianberliner
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