YouTube cashes out

Slightly strange move from the YouTube founders and Sequioa today - they're cashing in their Google shares (Mashable). So Sequioa, as well as Hurley, Chen and Karim, are going long on the dollar and short Google. Perhaps an odd choice? OK, half a billion dollars in Google stock isn't exactly a sensibly diversified portfolio (even for guys in their late twenties), but if they've really got a better idea for a blue-chip, high-margin, high growth play I'd love to hear it.

Separately, PaidContent reviews the SEC filing and asks what happened to the share for the music companies (NYT)? Good question. 

Comments

[Ron Davison]

I've heard that what they really want to do is direct.

Seriously, though, once you have more money than you need, why take a risk in return for return that makes no difference?