YouTube sold for $1.6b

Getting rich over the internet: within 1 year

The internet has made the co-founders of YouTube, a web-site that allows users to upload, view and share video clips over the internet, rich overnight.

On October 9, 2006 it was announced that YouTube will be purchased by Google for US$1.65 billion in stock. And to think the domain name was just activated in Feb 2005, and the YouTube service made its debut on the internet in November 2005 - barely 1 year old! Source

Listen to the happy voices of the co-founders.




[Technorati : youtube]