YouTube Founders: U.S. Government Regs Force Us to Brag. Sorry.
You know you've reached the pinnacle of success when you are literally required by law to tell people how well-heeled you are.
Such is the case with YouTube's founders, whose YouTube payout was revealed in Google's SEC filing yesterday:
- Chad Hurley received 694,087 Google shares and another 41,232 shares in a trust. Based on Google’s market price of $470.01, that values Hurley’s stake at $345.6 million.
- Co-founder Steve Chen received 625,366 Google shares and another 68,721 in a trust, indicating his stake is valued at $326.2 million.
- Jawed Karim, the third co-founder, received 137,443 Google shares, with an indicated value of $64.6 million.
- Sequoia Capital’s holdings include 941,027 Google shares as part of its Sequoia Capital XI fund, with an indicated current value of more than $442.3 million.
For the record, if I had this much money, I would dress like a ninja and use my unlimited supply of AMEX gold cards as throwing stars.