Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Preston Fore

YouTube’s founders split over $650 million when they sold to Google in 2006—had they held out, they could have taken a slice of $550 billion

Chad Hurley and Steven Chen wearing suits (Credit: Jason LaVeris/FilmMagic)
  • YouTube sold to Google in 2006 for $1.65 billion , with cofounders Chad Hurley and Steven Chen splitting over $650 million worth of stock shares. And while their wealth increased exponentially with the acquisition, estimates put today’s value of YouTube at $550 billion—a 333x increase. Few could imagine YouTube’s eventual media dominance at the time, making it a classic example of the high-stakes decisions founders must weigh.

YouTube may have started as a site to share home videos, but now it’s one of the most powerful platforms in the world: From entertainment to advertising, it’s spawned billion-dollar careers and birthed a global creator economy, turning individuals like MrBeast into household names.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.