<![CDATA[Gawker: valleywag, jawed karim]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, jawed karim]]> http://gawker.com/tag/valleywag/jawedkarim http://gawker.com/tag/valleywag/jawedkarim <![CDATA[The Insanely Rich Kid Next Door]]> For proof that Silicon Valley is home to an especially clubby concentration of wealth, just take a short walk down a stretch of Palo Alto road. The one where Facebook's young paper billionaire lives next to a young YouTube millionaire.

Or so we hear from a College Park tipster claiming to be familiar with the residences of Facebook co-founder Mark Zuckerberg (paper wealth: $2 billion) and YouTube co-founder Jawed Karim (estimated wealth: $64 million). Public records confirm that Karim lives in the two-by-twelve-block Palo Alto neighbohood, adjacent to Stanford University; records indicate Zuckerberg has for months occupied property nearby, albeit in the form of Facebook's new headquarters, a short walk away from Karim.

But Zuckerberg is now a neighbor in a much more real sense, according to our tipster, renting a home right next door to Karim (as in side by side) on the same street. The brief commute would be one good reason for living there. Another: It looks like a leafy, laid back area, according to the ample photographs of the street on Google Maps. Based on Karim's address this is the block they share:



Why are Zuckerberg's neighbors ratting out his address? His employees are taking up the parking, and, we're told, residents complain that the fast-growing company is not providing enough spots (they're apparently not mollified by a proposal to begin requiring residential permits in some areas). You should probably get on that, Mark; these people know where you live.

In the meantime, local residents are missing the real outrage: That, in their 'hood, even insanely wealthy startup founders live in what most American suburbanites would consider modest pads.

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<![CDATA[Forgotten YouTube founder Jawed Karim prefers Minnesota to the Valley]]> The other YouTube cofounder, Jawed Karim, has all the good ideas. First, according to an interview Karim gave the New York Times in 2006, he was the one came up with the idea of a video-sharing site that would eventually sell to Google for $1.65 billion. Second, he's also the one who, even before collecting Google's millions, smartly realized he didn't need to stick around to see how things turned out. Karim headed back to Stanford to finish his Ph.D., which he's still working on. Now, on the side, Karim's decided to take on what his former PayPal colleague Peter Thiel calls a "cushy" profession and become a startup-seeding venture capitalist, reports the Minneapolis Star-Tribune. Maybe Karim's idea-well has gone dry? Karim's firm, the awkwardly named Youniversity, will focus on college students in Minnesota and ignore Silicon Valley. The Valley, Jawed told the Star-Tribune, "has a lot of noise."

Silicon Valley has a lot of noise, a lot of hype. People are very excited about all of the Facebook stuff, Facebook applications. It's just been a huge hype over the last year when actually ... there isn't really that much value. It's just a bubble. It's almost a distraction. Whereas here, there is certainly less activity. But at the same time, you don't have these bubbles of nonsense out here.

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<![CDATA[YouTube founders tell famous fib to Oprah]]>
YouTube founder Steve Chen, on the Oprah show, recites the same old tale he and Chad Hurley have been trained to give about how YouTube got his start: Chen threw a dinner party, friends filmed each other with videocameras, and then realized the videos were hard to share. What the two didn't tell Oprah: YouTube's third cofounder, Jawed Karim, claims the dinner party never happened, and he came up with the idea for a video-sharing site.

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<![CDATA[The PayPal Mafia personified]]> Seen here, in YouTube founder Jawed Karim's Facebook profile page, the current Stanford grad student (and former PayPal engineer) dressed in disco-era gangster gear. The reason? Karim comments:

lol — yes there is a story. basically a magazine is doing a story about the "PayPal mafia" — a group of ex-PayPal people who have worked together to create companies after PayPal. they took a group photo of us posing as mafia guys, so everyone underwent a full transformation for the photo ;)
Why Karim? We've heard that YouTube's better-known founders, Steve Chen and Chad Hurley, were missing from the shoot. We're sure that the magazine wanted at least one representative from last year's $1.65 billion acquisition — a purchase price, some have noted, that seems carefully calibrated to be 10 percent higher than the $1.5 billion PayPal went for. We bet Google's unimaginative PR drones nixed the gangster-gear appearance.


While the PayPal Mafia's an old story online, it's hilarious that a print magazine would pick up on the meme and actually get some PayPal alumni to don costumes for it. We're wondering, which other PayPal alum underwent the Donnie Brasco treatment? Are there pictures floating about of Yelp founders Jeremy Stoppelman and Russell Simmons clutching tommy guns? Or a shot of PayPal founder Peter Thiel looking like Al Capone? Please send them in.

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<![CDATA[YouTube's boring co-founder runs from media spotlight]]>

Remember Jawed Karim, the YouTube co-founder who went to school instead of running the company? Yeah, neither do we — we forgot him five minutes after reading his humdrum profile in the New York Times. So who told him that the talk he was about to give at Stanford would become a "massive media stampede, with television crews and reporters from across the bay area planning to attend"?

That's what he wrote to a Professor Dill, apologizing for cancelling his scheduled talk at the Stanford Computer Forum last night. It looks like he gave a few hours' notice. Oh Jawed, you little media star!

Jawed's full e-mail is after the jump.

Prof Dill,

I'm sorry to have to do this, but as you know this talk was
originally scheduled long before anyone could have predicted
the Google acquisition, and it was intended for an academic audience.

As I'm finding out this morning through various channels,
this talk will become a massive media stampede, with
television crews and reporters from across the bay area
planning to attend.

It turns out that this would be a problem. The YouTube/Google
deal has not closed, and this is a sensitive time for the
company. I feel that this level of media attention at this
time may be a distracting from the closure of the deal. For
this reason, I cannot give the talk today. I hope you can
understand. When we scheduled this talk a few weeks ago,
nobody knew about the events that would unfold only a few
days later ;)

I'd appreciate it if you could re-distribute this email to
the original channels on which you announced the talk.
P.S.: There will be no problem whatsoever giving this talk
after the deal closes, and I still intend to do so at that time.
Thank you,
Jawed

Earlier: Finally, a look at YouTube's third cofounder! He's boring. [Valleywag]
Cancelled talk [Stanford]
Photo of Jawed [Jawed.com]

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