YouTube Acquisition Nearly Fell Apart When Cofounder Found That a Google Employee Snooped on Revenue Figures
An anonymous reader shares a report: On the eve of Google's acquisition of YouTube in 2006, the video site's cofounder Chad Hurley discovered that a Google ad manager had snooped on YouTube's revenue figures. Hurley was so irked by the invasion of YouTube's business that he threatened to walk away from the deal, a new book about YouTube's founding reveals. Google's CEO at the time, Eric Schmidt, was able to calm Hurley down enough to close the $1.65 billion deal -- a deal that became a pivot point in the development of the modern internet. The previously unreported episode comes from the book "Like, Comment, Subscribe: Inside YouTube's Chaotic Rise to World Domination" by the Bloomberg reporter Mark Bergen.
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