Sunday, October 30, 2011

The Entire $1.65B Acquisition Of YouTube Took A Week, Was Negotiated At Denny?s

Screen Shot 2011-10-31 at 1.13.18 PMIn an interview at TechCrunch Disrupt Beijing today, YouTube co-founder Steve Chen reminisced about selling his company to Google. ?Was there any way you could not have sold?? Sarah Lacy asked? Hindsight is 20/20 Chen replied. Chen revealed that the entire $1.65 billion YouTube acquisition was completed in one week?s time. Chen met with executives from both Google and Yahoo, including Yahoo?s Jerry Yang, at a Denny?s in Palo Alto, ?We didn?t want to meet at offices, so we were like, ?Where?s a place that none of us would go???

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Mr3b8enDiWo/

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