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The Beginning...
After this incident these three friends who were at the time trying to launch an online dating platform felt that it was difficult to find any video footage of the incident.
They came up with the idea for YouTube and started this business above a pizzeria and Japanese restaurant in San Mateo, California.
"YouTube.com" was officially activated on February 14/2005. -
The Beginning
Three friends Chad Hurley, Steve Chen and Jawed Karim all worked for Paypal. They came up for the idea of YouTube following the Janet Jackson and Justin Timberlake Half Time Show Incident. This was referred to as the “Nipplegate” incident and happened at the 2004 Super Bowl. Justin Timberlake tore off a piece of Janet Jackson’s costume showing her breast on live television! It was called a “wardrobe malfunction” -
Beta Service and More Viewers
YouTube.com was trafficking around 30,000 viewers a day within just a few months of launch. -
The First Video - Me at the Zoo!
This was the first ever video uploaded to YouTube.
It has Jawed Karim and he was recorded by one of his high school friends.
He is at the San Diego Zoo in California.
It was called a "milestone" in the history of YouTube
To date it has had more than 363 million views !! -
Sequoia Capital Invests 3.5 Million!
YouTube started out being "Angel Funded" but in November 2005 Sequoia capital invested an initial 3.5 million and would later invest another 8 million -
Rapid Growth and Need for Better Technology
YouTube became one of the fastest growing websites in the summer of 2006 with an average of 100 million video views per day with more than 65,000 new video uploads.
There started to be copyright issues and they started outsourcing to Google. -
YouTube Purchased by Google...
YouTube was purchased by Google for 1.65 billion US in stock. This help YouTube's rise to becoming a "global media dominator".
The plan was for the co-founders to continue operation with 68 employees. ] -
Getting Even More Popular and YouTube Choice Awards
It is estimated that in 2007, YouTube consumed as much bandwidth as the entire Internet in 2000! The YouTube Awards started in March 2007 and were an annual competition where users voted on the best videos of the year. -
Televised Presidential Debates
YouTube produced televised presidential debates where questions could be asked of the US Democratic and Republican Candidates -
YouTube Partner Program - Making money off Videos
This Program allowed channels who had at least 1000 subscribers and 4000 public watch hours in the last year to run ads on their videos and earn money for it!
This allowed channels to be monetized -
Over 2 billion views/day
YouTube was becoming more and more popular.
More than 2 billion views each day. -
YouTube Grows Even Bigger
3 Billion Views per day and users uploading 48 hours of video every minute!