YouTube’s Funding

By Paul Kedrosky · April 5, 2006 · ·

Whatever you think about YouTube, you have to give Sequoia credit for stepping up. An $8mm round for the company is impressive stuff.

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Comments

  1. Ben says:
    April 5, 2006 at 11:02 pm

    I’m sorry, but why is this impressive in any way?
    It’s neither a terribly innovative nor risky investment.
    Youtube is a super-hot company at the forefront of one of the most significant media trends of the past decade. I imagine that it could easily sell for a hundred million dollars or two with a few phone calls.

  2. Paul Kedrosky says:
    April 5, 2006 at 11:09 pm

    Fair enough, but YouTube is also perched looking at the other end of a potential avalanche of copyright lawsuits. Recall how Napster’s venture backers suffered in a similar situation not that many years ago.
    While I’m not surprised Sequoia did the deal, don’t kid yourself and believe that many VCs wouldn’t talk themselves out of it.