GEEKFISHING BLOG — Oct 11 — Sequoia was among YouTube's first funders, providing $11.5 million in two rounds. Sequoia's take from the Google IPO: a $12.5 million investment in 1999 for 10% equity turned into roughly $4.7 billion.
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Mark Brooks: And how many success stories are there like this these days? For all the deals VC's do and the losses they take on other deals, these are the rock star deals. The main thing VC's are looking for is an incredible growth trajectory. There will be more social networks that show these trajectories. PlentyofFish seems to be the lone star for high growth trajectories in the internet dating sector right now.