Google buys Youtube

In a move that puts Google at #1 in internet video, Google bought Youtube this afternoon for $1.65 billion. Youtube was founded by Chad Hurley, Steve Chen and Jawed Karim in February 2005.

Founders Chad Hurley and Steve Chen and their 65 employees will join the company, Google said today in a statement distributed by Business Wire. In less than two years, San Bruno, California-based YouTube has catapulted from startup to Internet icon with 34 million monthly U.S. visitors.

That’s amazing. Considering Youtube started up only last year and had been burning VC money, this is the equivalent of winning the lottery. $1.65 billion! Do you know how many hookers that could buy? Live ones?!

I put up a picture of Jessica Alba because…why not?