{"id":5143,"date":"2006-10-13T00:00:00","date_gmt":"2006-10-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"youtube-sale-boosts-hedge-fund-stock","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2006\/youtube-sale-boosts-hedge-fund-stock.html","title":{"rendered":"YouTube Sale Boosts Hedge Fund Stock"},"content":{"rendered":"<p>HedgeCo.Net (New York) &#8211; When Google made its biggest deal ever in buying YouTube for $1.65bn, it boosted hedge fund Sequoia Capital\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s performance again with about $495 million in Google stock.Sequoia has also invested in Apple Computer, Cisco, eBay and Yahoo, having again proved their slogan as, \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cEntrepreneurs Behind the Entrepreneurs.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<\/p>\n<div class=\"writeboardbody\">\n<p>    Sequoia was the only hedge fund to publicly back YouTube, although hedge fund Artis Capital Management also holds an undisclosed amount invested in the firm. Launched in January 2002, Artis    Capital Management currently manages $1bn of assets, investing primarily in public companies in the emerging technologies field.  <\/p>\n<p>    Founded in a Californian garage, YouTube has become one of the most visited sites online, gathering 100 million video views every day, it could now be looking at collecting anywhere between    $500m-$700m.  <\/p>\n<p>    Most of Sequoia Capital\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s investors are educational institutions or philanthropies. According to their website, Sequoia says; \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cWe like being involved with companies when they are composed of less    than a handful of people. We like being the very first investors.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d  <\/p>\n<p align=\"left\">    Alex Akesson<br \/>    Contributing Writer<br \/>    HedgeCo.Net<br \/>    Email: <a href=\"mailto:Editor@hedgeco.net\">Editor@hedgeco.net<\/a>   <\/p>\n<div align=\"left\">\n<p align=\"left\">      HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge      Funds!    <\/p>\n<div align=\"left\">\n<p align=\"left\">        <strong>Be sure to check out our sister sites. <a href=\"http:\/\/www.hedgefundlounge.com\/\">www.hedgefundlounge.com<\/a>, <a href=        \"http:\/\/www.hedgefundtools.com\/\">www.hedgefundtools.com,<\/a><\/strong> and <a href=\"http:\/\/www.hedgefundemployment.com\/\"><strong>www.hedgefundemployment.com.<\/strong><\/a>      <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net (New York) &#8211; When Google made its biggest deal ever in buying YouTube for $1.65bn, it boosted hedge fund Sequoia Capital\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s performance again with about $495 million in Google stock.Sequoia has also invested in Apple Computer, Cisco, eBay and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5143","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5143"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5143\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}