Search Engine Journal reports that YouTube founders Chad Hurley and Steve Chen are cashing in as much as $1.53 billion in Google stock. About $504.4 million of that is headed to Sequoia Capital, and $326.2 million is going to Chen and Hurley each. In total, that’s about 3.23 million Class A shares of GOOG.

Catch more info on the deal from Bloomberg.

Discussion

• The YouTube Cashout (Blogging Stocks)
• The Great YouTube Cashout (Valleywag)
• YouTube Founders Selling $326 Million in Google Shares (Marketing Pilgrim)

This entry was posted on Thursday, February 8th, 2007 at 3:40 pm and is filed under Google, Investment, M&A. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.