YouTube’s new video, “Take the Money and Run.”

The YouTube founders, Chad Hurley and Steve Chen, investors and executives, have decided its time to get out of Google and to get some cash right now. They filed to sell as much as $1.53 Billion in Google stocks which they received when Google bought YouTube last year. What will Chad Hurley and Steve Chen do when they reach the old age of thirty?

The venture capital firm that was smart enough to help them out, Sequoia Capital, is making out quite well on the deal also, with $504.4 million coming their way. Chad Hurley and Steve Chen are expected to bring in somewhere around $326.2 million each. This should let them buy new cars and get into something new. They could start a film company next!

Yahoo! Sales Up

Yahoo! reported $1.22 billion for last quarter up from $1.07 billion with profits dropping from 16 cents per share to 13 cents per share. Part of the profit number had to do with stock option expenses and costs for preparing for the launch of their new advertising system that will take into account the bid price as well as the ad’s quality. According to Yahoo CEO Terry Semel this should increase ad revenue. Other areas fo focus for Yahoo in 2007 include a new partnership with eBay, video advertising, social media, mobile services and Yahoo Answers.

A big part of these increases is due to the ever increasing shift of major corporations advertising budgets into search optimization marketing.

Google Income Only Triples

Google announced that their income over the previous year had tripled for the last quarter of 2006. With $3.21 billion for the quarter Google had net earnings that broke the one billion dollar barrier for a quarter at $1.03 billion income. The stock dropped 4%!

"Advertisers are now using our targeting platform to place brand advertising across our content network, and they are going to have more options when the YouTube inventory comes online," said Sergey Brin, Google co-founder and president, technology