YouTube is an American online video-sharing platform headquartered in San Bruno, California. The service was created by three former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim—in February 2005. Google bought the site in November 2006 for US$1.65 billion, and it now operates as one of Google's subsidiaries. YouTube Secrets: The Ultimate Guide to Growing Your Following and Making Money as a Video Influencer: https://amzn.to/3IMqOjC
YouTube is the second most popular website in the world, after Google Search. It allows users to watch, share, and upload videos. The site has over 2 billion active users and over 1 billion hours of video are watched on YouTube every day.
**How YouTube Got Funded**
YouTube was initially funded by a group of angel investors, including Sequoia Capital and Kleiner Perkins Caufield & Byers. In November 2006, Google acquired YouTube for US$1.65 billion. The acquisition was controversial, as some people felt that Google was paying too much for a website that was still in its early stages. However, the acquisition has been a success for both companies. YouTube has helped Google to expand its reach into the online video market, and Google has helped YouTube to grow and improve its services.
**The Founders of YouTube**
The three founders of YouTube are Chad Hurley, Steve Chen, and Jawed Karim. Hurley is the CEO of YouTube, while Chen is the CTO. Karim is no longer involved with the company.
Hurley and Chen met while working at PayPal. They were both frustrated by the lack of a good way to share videos online. They decided to create a website that would make it easy for people to upload and share videos.
Karim was a PhD student at Stanford University when he met Hurley and Chen. He was interested in the potential of online video and he agreed to help them with the project.
YouTube was launched in February 2005. It quickly became popular and within a few months it was one of the most visited websites in the world.
**The Impact of YouTube**
YouTube has had a major impact on the way people consume and share media. It has made it possible for anyone to create and share videos with a global audience. This has led to the rise of new forms of entertainment, such as video blogs (vlogs) and user-generated content (UGC).
YouTube has also had a major impact on the advertising industry. Advertisers now use YouTube to reach a large and engaged audience. In 2017, YouTube generated over $11 billion in revenue from advertising.
**The Future of YouTube**
YouTube is still a relatively young company, but it has already had a major impact on the world. It is likely to continue to grow and evolve in the years to come. Some of the potential future trends for YouTube include:
* Increased use of live streaming
* More personalized recommendations
* More integration with other Google products
* Increased use of artificial intelligence
YouTube is already a powerful platform, but it has the potential to be even more powerful in the future. It will be interesting to see how the company continues to evolve and how it impacts the world.
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