The History of Youtube

YouTube has been popular site for watching videos, both in terms of entertainment and education. More these days this is becoming the most widely used platform for streaming videos and is guaranteed to entertain you with some amazing videos. YouTube has been around since 2005 and has grown year on year for the last 12 years with over 4 billion videos of new content to watch every month.

With all these uploaded videos made it can sometimes be overwhelming, but because Google owns it they manage the site very well with ranking factors, however there is some nonsensical stuff on there too, which is FUN! I recommend this service for getting more views on youtube. Chad Hurley founded YouTube with Steve Chen and they first met when they worked for PayPal. They both had computer science backgrounds and this led them to becoming the founders of YouTube.

They choose the domain “YouTube.com” and from there the rest is history.The investment needed for YouTube in 2005 was $3.5 million dollars and was granted by Sequoia Capital, which helped the integration of all the necessary stages for its development.

Their growth in 2006 was staggering and YouTube had 20 million visitors per month, which was predominantly 12 to 17 year old’s. The same year Google purchased which has been their second biggest acquisition. They continued to grow from 2007 to 2013 and with year on year growth their profits also grew. They were named the “person of the year” in 2006 and featured on the Time magazine. YouTube continues to grow and is the most widely used system for streaming to date and the trend looks set to grow.