Comments on: YouTube Founders Selling $326 Million in Google Shares

By: Anthony.P

Anthony.P — Fri, 03 Oct 2008 11:45:33 +0000

they have made good decisions doing so, look at the situation now. Cash is King I should say.

By: asso

asso — Thu, 20 Sep 2007 19:59:39 +0000

Good move to get part of the money to invest in other projects.

By: John

John — Thu, 08 Feb 2007 22:15:47 +0000

It makes sense from a few standpoints. If I had $300 million tied up in one stock, I would diversify in a hurry. Plus you have to figure that their 2007 tax bill is going to be ENORMOUS, so they would have to sell a large amount of stock anyway just to pay Uncle Sam. Lastly, I’d want to hafe some fun with some of it!

By: Dean

Dean — Thu, 08 Feb 2007 15:15:09 +0000

Maybe they just need some money for a downpayment on a house in the valley

By: jf

jf — Thu, 08 Feb 2007 13:22:25 +0000

I think it would be idiotic for them not to sell a huge portion of their stock. It has nothing to do with their confidence in Google, it just isn’t smart to have that much money wrapped up in one company.

By: Jason

Jason — Thu, 08 Feb 2007 10:54:57 +0000

And that is the same thing people said when all the Google employees sold their stock and the price has only risen since then. Maybe they just want the cash?

By: Andy Beal

Andy Beal — Thu, 08 Feb 2007 03:01:31 +0000

Very true. But if you’re maybe planning to leave YouTube, you’d probably want to cash-out first.

By: Cameron Olthuis

Cameron Olthuis — Thu, 08 Feb 2007 02:49:56 +0000

Wouldn’t it say more about Google and not necessarily YouTube? Since it is Google stock and all.

Not a bad payday though.