Geekfishing Blog

Sequoia was among YouTube’s first funders, providing $11.5 million in two rounds. When $25 million more was rumored to have come from parties unknown this April, Michael Arrington wrote that Sequoia likely did whatever it could to maintain it’s equity share in the company. He estimated that share was between 25% and 30%.

These numbers beg comparison with Sequoia’s investment in Google. According to Bill Burnham’s respected analysis last summer of Sequoia’s take from the Google IPO the fund turned a $12.5 million investment in 1999 for 10% equity into roughly $4.7 billion.