YouTube Raises $8 Million from Sequoia Capital

Posted on April 5, 2006
Filed Under Companies, Innovation |

I love YouTube, and I'm finding myself using it with increasing frequency and considering how I could use it professionally. The video that I linked to last week was really cool, but aside from that the group that produced it actually put a response mechanism at the end of the video, in other words they just didn't do it for laughs. I was thinking of also doing some fun stuff, like having our ad agency do a spoof based on Niel's most excellent "I pity the fool" post and distribute it via YouTube and Guba

YouTube Raises $8 Million from Sequoia Capital: YouTube, the video sharing service, raised $8 million, bringing the total amount it has raised so far to $11.5 million. The backer is Sequoia Capital, the VC that originally financed the startup in November.

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