Earlier today I wrote an entry about Sevin Rosen’s stated intent to stop raising venture funds because there were no good exits. Well, the timing couldn’t have been better. Today, Google announced the acquisition of YouTube for $1.6B in stock.

Another venture firm, Sequoia Capital, put $11.5M into YouTube for what was believed to be a 30% stake in the company. Let’s do the math, shall we? $1.6B x .3 = $480M. That’s not chump change and it constitutes a 40x return on investment. Not a bad day at the office.

Congrats to YouTube and to Google, I think both will benefit and prosper from the deal.

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