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Thursday, January 14, 2021

Who Is The Owner Of YouTube?

Who Is The Owner Of YouTube?

We daily use YouTube for watching videos of our interest, but have you ever wondered who is the Owner of YouTube? If not, then today after reading this post, you will surely get to know about the owner of the biggest video sharing site,i.e., YouTube.

Many questions may come to your mind while talking of Who is the owner of YouTube, like How YouTube was started? Who created YouTube ? Who was the first YouTuber? Which was the first video on YouTube to get 1 million views? Where are YouTube headquarters located?

So, in this post you will get to know the answers of all such questions. 

Who Is The Owner Of YouTube?

Google is the owner of YouTube, the biggest video sharing platform. YouTube is like a daughter company or say subsidiary company of Google, but Google is not the creator of YouTube. The creators of YouTube are the three employees of Paypal, Chad Hurley, Steve Chen and Jawed Karim.

These three employees of Paypal created YouTube in 2005, which was then bought by Google LLC in 2006 for $1.65 Billion. 
So, Google is the owner of YouTube but not its creator.

In 2005, YouTube was active in USA only, but as time passed, YouTube spreaded all over the world. At present time, YouTube headquarters are situated at San Bruno, California.

Talking of its revenue, YouTube made a revenue of 15 Billion Dollars in 2019 and ranked 2nd in Alexa Traffic Rank in 2020.

What Was The Story Behind Creation Of YouTube ?

As all big startups have a story behind them, similarly creation of YouTube has a story behind it. Before 2005, no platform similar to YouTube was available on the internet.

One day, three employees of Paypal, named Chad Hurley, Steve Chen and Jawed Karim went to a marriage and there they recorded a video and they wanted to share this video will other people but due to unavailability of any video sharing platform, they were unable to do so.

Then they got a idea of creating a platform where all people can share their videos with other people across the world. This idea was behind the creation of YouTube.com

How YouTube Was Started ?

YouTube was started as a startup with $11.5 Million investment by Sequoia Capital and $8 Million investment by Artis Capital Management. With such investments, the first video on YouTube was uploaded on 23 April, 2005.

This first video on YouTube was "Me at the zoo" which was uploaded YouTube's co-founder, Jawed Karim. In this video Jawed Karim was seen in the San Diego Zoo. This video is today also available on YouTube to watch.

The first video to get 1 million views on YouTube was the Ronaldinho's Nike advertisement

On 15 November, 2005 Youtube was officialy launched in which Sequoia Capital again invested $3.5 Million which helped a lot in its launch. After this launch, YouTube started getting more than 8 million views per day and gradually by 2006, YouTube was getting more than 100 million views per day with more than 65,000 videos uploaded per day.

When YouTube growth was at its peak, Google decided to buy YouTube on 9 October, 2006 for $1.65 Billion. This deal was finalized on 13 November, 2006 and Google then became the new owner of YouTube.

Presently, Susan Wojcicki is the CEO of YouTube, who has taken YouTube to great heights.

If we talk about the earning of YouTube, then all the income of YouTube goes to Google but some fraction of this income goes to the creators of YouTube. 

Who Created YouTube?

Chad Hurley, Steve Chen and Jawed Karim created YouTube.

Who Was The First YouTuber?

The First YouTuber was YouTube's Co-Founder, Jawed Karim who uploaded a video "Me at the zoo". This video is now also available on YouTube.

That's all. I hope you found this post interesting and useful. Do share this post with your friends on social media so that they could also learn about "Who Is The Owner Of YouTube?".

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