Drishtipat Blog

October 10, 2006

Bangladeshi entrepreneur makes millions off the You Tube deal

Filed under: Bangla Diaspora, Generation New — Asif @ 3:32 am

Time for our fund raisers to contact him :)

Google just agreed to acquire YouTube for $1.65B in stock to expand its ad inventory and shore up its video sharing site. Cofounder Jawed Karim will no doubt soon be judging the Miss Bangladesh pageant like a Bangla Sabeer Bhatia He appears to have a Bangla dad and a German mom.

Like Marc Andreessen, Karim (adviser) and cofounder Steve Chen (CTO) went to Urbana-Champaign. Karim graduated in CS/Engineering two years ago. He’s now a CS master’s student at Stanford (resume). Cofounder Chad Hurley (CEO) attended Indiana University of Pennsylvania.

Estimates of how much the three cofounders will make range from $100-200M each, pre-tax.

More here

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