3 days ago
Google Best Bets: How a $1.65B YouTube Deal Grew Into a $550B Asset
BusinessAI Startup FundingAnthropic ValuationGoogle InvestmentsGoogle Venture CapitalSpaceX InvestmentTech Giant PortfolioUber IPO ReturnsYouTube Acquisition
TLDR: Google acquired YouTube for $1.65 billion in 2006; the platform is now estimated to be worth $550 billion today. Google’s $258 million Uber bet returned over $5 billion by IPO, marking a roughly 20x gain on its initial investment. A $1 billion SpaceX investment made in 2015 is now worth over $21 billion based [...]
The post Google Best Bets: How a $1.65B YouTube Deal Grew Into a $550B Asset appeared first on Blockonomi.
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