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YouTube Deal At Denny’s
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
The $1.65 billion acquisition of YouTube took place in one week. YouTube co-founder Steve Chen met with executives at both Google and Yahoo! They did not want to meet at offices so they decided to meet over mozzarella sticks at Denny’s in Palo Alto. Yahoo! CEO Jerry Yang came to one of those meetings. Google ended up outbidding Yahoo! for YouTube.