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Oct 10, 2016 · Ten years ago this week, Google bought YouTube for $1.65 billion. That figure seems quaint now (it equates to WhatsApp being worth about 13 YouTubes) but at the time it was an eye-popping figure ...
- Victor Luckerson
Sep 2, 2021 · By. Lucas Downey. Published September 02, 2021. Nearly 15 years ago, Alphabet Inc.'s ( GOOGL, GOOG) Google purchased YouTube for the hefty sum of $1.65 billion. The actual date the news hit was ...
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YouTube is an American online video-sharing platform headquartered in San Bruno, California, founded by three former PayPal employees— Chad Hurley, Steve Chen, and Jawed Karim —in February 2005. Google bought the site in November 2006 for US$1.65 billion, since which it operates as one of Google's subsidiaries .
Jun 1, 2020 · The YouTube team proposed $1.65 billion: a number purposefully 10% more than what eBay paid for PayPal in 2002, according to Botha. PayPal's alumni network, which included Peter Thiel, Elon Musk ...
The price makes YouTube Inc., a still-unprofitable startup, by far the most expensive purchase made by Google during its eight-year history. Last year, Google spent $130.5 million buying a total ...
Oct 10, 2016 · Rehan Hooda October 10, 2016, 11:40:18 IST. 9 October 2006, Google announced that it would acquire YouTube in an all-stock $1.65 billion deal. This deal is considered among one of the most iconic deals in the Tech world. Advertisement.
Oct 21, 2023 · Oct 21, 2023. --. 2006 marked a pivotal juncture in the digital realm, as the tech titan Google executed a historic acquisition, assimilating the social media powerhouse YouTube into its ...
