Who Owns Google? Google's Ownership Structure and Key Shareholders
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The visionary co-founders of YouTube, Chad Hurley, and Steve Chen, made the monumental decision to sell their platform to Google on October 16, 2006, for $1.65 billion. This acquisition proved a strategic move for both parties, as YouTube gained access to Google‘s vast resources and expertise, enabling its continued growth and success in the online video space.
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In summary, Google‘s ownership lies with Alphabet Inc., while YouTube is a subsidiary owned by Google. The acquisition of YouTube by Google has proven to be a landmark moment in the history of both companies, leading to significant growth and innovation in the online video industry.
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