Owned by Google, the world’s largest digital video sharing platform today, YouTube was originally founded by three former PayPal employees. Perhaps no one could have easily guessed that YouTube, which was established for people to share their amateur videos, would come to this day. Here is the founding story of YouTube.
Many people nowadays use Google to search for any word and YouTube to find a video. We know that Google owns but is not the founder of YouTube. Three former PayPal employees who worked with Elon Musk at the time of YouTube’s founder. For people to share their amateur videos and find such videos YouTube, which was founded, has become an industry on its own today.
In fact, YouTube’s founding story has a similar story with many of today’s digital giant companies. Enthusiastic and visionary young people make a breakthrough, rise quickly and sell the business at a great profit. But there were many difficulties in the rise of YouTube, not in its founding. Because copyright problems were causing trouble for managers then, as they do today. YouTube’s founding story let’s take a closer look.
Where are these people going to post videos?
Founded by Elon Musk in 1998 and offering the world a brand new digital payment method Many of the people who have worked at PayPal They are the names that shape today’s digital world. The names who founded YouTube were also three former PayPal employees.
Three PayPal employees, Steve Chen, Chad Hurley, and Jawed Karim, quit their jobs to pursue other dreams. Triple, they wanted to create a new platform, but they were undecided. During a dinner together, they realized that it was not an easily accessible platform for people to share their amateur videos.
They started working on this idea and ‘your TV’ They found the name YouTube, which means YouTube, and started the necessary official actions. A short time later, the infrastructure of the platform was ready. in San Bruno, California, United States, in May 2005. YouTube beta version has been released. On December 15, 2005, YouTube was officially launched.
YouTube is getting unimaginable attention:
As soon as the YouTube beta went live, it started attracting more than 30,000 daily visitors. When it was officially released, it was getting 2 million views per day. By January 2006, the number of videos available on YouTube exceeded 25 million and more than 2,000 videos were uploaded every day. In the summer of 2006, there were over 100 million videos on the platform and the upload speed didn’t seem to decrease at all.
One of the first videos uploaded to YouTube, It is owned by Jawed Karim, one of the founders of the platform. The video with the title ‘Me at the zoo’ was uploaded on April 23, 2005 by the account with the username jawed. In the video we see Jawed Karim at the San Diego Zoo. Even this allows us to clearly see what purpose YouTube was set up for.
This scale does not weigh this weight:
YouTube’s astonishing achievement may seem worthy of celebration to many, but such a large publishing power was not available in a newly opened company. Every new video means; it meant a new server, new hardware, a stronger internet network. Moreover, since many copyrighted content is shared in the videos, numerous lawsuits was coming in succession.
Steve Chen, Chad Hurley and Jawed Karim were not alone. Roelof Botha, also a former PayPal employee, joined YouTube’s board of directors and Millions of dollars of investment were received from Sequoia Capital. Business was growing. However, this scale was not pulling this weight. It was time to hand the game over to a much bigger player.
Google buys YouTube:
At a similar time to YouTube, Google opened a platform called Google Video. But it wasn’t very successful. When this is the case YouTube and Google sat at the table. As a result, Google bought YouTube for $1.65 billion in November 2006. But they had a lot of problems to deal with.
First of all, Google started to set up a much broader infrastructure for YouTube. The platform that does not offer any income to its owner, Integrated with Google services and the advertising system was developed. Viral video sharing of large companies such as MGM and Nike has accelerated on the platform. The system slowly settled down.
Of course, the biggest problem was copyright. Successive copyright lawsuits were troubling Google as well as YouTube. A large army of software developers and lawyers was mobilized. Tens of thousands of videos have been removed from the platform. It has been decided that some will continue to be broadcast with a copyright notice. The issues have been largely fixed thanks to significant deals with some music companies.
YouTube today:
Digital video sharing platform founded by three enthusiastic young men More than 4 billion hours of video are watched per month on YouTube today, and around 500 hours of new videos are uploaded to the platform every minute. YouTube is estimated to be worth more than $100 billion. Google’s annual revenue through the platform is thought to be more than $15 billion.
Let’s face it, even if it’s filled with a thousand bullshit, YouTube has radically changed the way we all watch. He created a new profession called YouTuber. It helped us meet unique videos and the people who made those videos. So YouTube, founded by three enthusiastic young men, is fueling the enthusiasm of billions of young people today.
central to our viewing habits today. When and by whom was YouTube founded? We answered the curious questions such as, and talked about the details you need to know about the purpose of this platform. You can share your thoughts about YouTube in the comments.