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Thursday, February 8, 2007

You Tube's Astounding Growth: Earns Millions From Google Pact

YouTube co-founders Steven Chen, left, and Chad Hurley pose at their San Bruno, Calif., headquarters on Friday, Nov. 10, 2006. The $1.65 billion acquisition of YouTube announced in October was the biggest in Google's history, and took place less than two years after YouTube was founded. Chad Hurley, was paid in Google shares with a current indicated value of more than $345 million. He received 694,087 shares and an additional 41,232 in a trust. Steven Chen, received 625,366 shares and another 68,721 in a trust, for more than $326 million. Jarwed Karim, the third co-founder, received 137,443 Google shares, with an indicated value of $64.6 million. The big payout was revealed Wednesday in a regulatory filing Google made with the Securities and Exchange Commission. (AP Photo/Noah Berger)
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Read this astounding report of Google's, payout to UTube on their pact.
A comprehensive business and economic report of Google also is an important feature of the report.
Read the history of phenomenal success and rise of YouTube .
BEST OF FUTURE.

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