


community photo sites (flickr, webshots).direct competitors (dailymotion, vimeo).There are several direct and potential competitors to YouTube.
#Crypto capital venture youtube series
Sequoia would own ~30% post Series A, with a pool of ~17%. Our proposal is to invest $1m in the seed stage, followed by a $4m Series A once specific milestones are met. In this way, the company is building a wide content distribution network, in addition to its direct-to-site traffic.
#Crypto capital venture youtube code
The company has also developed code snippets that allow users to embed YouTube videos directly into other sites. They have built a very easy-to-use, fast growing service that taps several strong veins: user-generated content, online advertising, wide proliferation of inexpensive digital video capture devices, and continued broadband adoption. The three entrepreneurs are scrappy and smart. The company’s goal is to become the primary outlet of user-generated video content on the Internet, and to allow anyone to upload, share, and browse this content. YouTube represents an interesting seed-stage investment opportunity. You can see the whole filing here: Sequoia investment memo Botha Exhibit 2 – Invesment memo for investors Added the testimony from Roelof Botha at the end if you want more context and a few thoughts.I’ve split out the investment memo to the top (Exhibit 2).I’ve carved out the doc into parts and used OCR to put this into a non-image format (you’re welcome, just saying). Ok, so the filing is lengthy and repeats a little. If you want to see the pitch deck and some further information, head over to this blog. I’m not going to do the work when someone smarter than me has already done it ). There is a detailed write up about the memo here. Youtube (Google) case, Roelof had to disclose his investment memorandum as part of his testimony. It would be pretty interesting to read that memo, right?ĭuring a 2010 court case of Viacom vs. Google’s acquired YouTube a year later for $1.65 billion, netting Sequoia $500m- 57x its total investment. The partners agreed to invest $1 million which was then followed by a $4 million Series A. Here is the YouTube investment memo by Sequoia In 2005, Roelof Botha from Sequoia wrote an investment memo proposing to the investment committee (IC) that they invest in the seed round of a video company. The only memo that is 1 to 1 is the Youtube memo because it was in a lawsuit.

Assume anything “delicate” or sensitive is not in the memos. If you’re learning to make a VC investment memo, don’t assume the memos are what you exactly need to do. I highly praise the VCs that share their thought leadership so we can all learn. The pressure is just too high for VCs to look smarter, and not make founders uncomfortable, etc. No investment memo made voluntarily public will ever be 100% as it was. The company was founded by Don Valentine in November 1972 and is based in Menlo Park, California. Healthcare and healthcare services, Internet, mobile, outsourcing, and technology. The firm seeks to invest in all sectors with a focus on energy, financials, and financial services, Its spurs them to push the boundaries of what’s possible. The firm helps a small number of daring founders build legendary companies. Sequoia is a venture capital-focused on energy, financial, enterprise, healthcare, internet, and mobile startups. It’s been 7 years since I’ve posted this memo, and I’ve now made a collection. If you want to see an investment memo from a VC, this is the only one guaranteed to be real because it was released in a legal filing. This memo was released in a lawsuit of Viacom Vs Google (Youtube) for a “brazen” attempy to allow people to post Copywrite content to the site. Tl dr: The Youtube investment memo from Sequoia.
