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Sequoia Capital

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28 Feb, 2007

YouTube sale

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Google buys the video sharing platform for $1.65 billion in stock, earning Sequoia a 65-fold return on its investment of $8.5 million. Botha:

I am inspired by the impact [companies like YouTube] have on the lives of hundreds of millions of people across the globe.

5 Dec, 2006

Sequoia Capital

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Calacanis joins the venture capital firm as Entrepreneur In Action:

They’re good guys, they’ve made some good bets. Now, I have to figure out what to build. Got any ideas? I’ve got time. I’ve got a backer. Call me.

28 Feb, 2005

Funds Youtube

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Botha provides $8.5 million in funds from Sequoia Capital for a 30% stake in the company, founded by two people he worked with at PayPal.

Sequoia was their first investor – I took a board seat and helped grow the business.