Monday, February 15, 2010

Surprisingly YouTube is only FIVE YEARS OLD!


On February 14th 2005, YouTube's co-founders, Chad Hurley, Steve Chen and Javed Karim registered the site’s domain name and set out to "create a place where anyone with a video camera and an Internet connection could share a story with the world".

The first YouTube video a 19 second piece entitled ‘Me at the zoo’ shows co-founder Karim at San Diego Zoo. It was uploaded on April 23rd, 2005 and is still on the site.

The site officially launched in November 2005, after six months of public beta testing and by July 2006 the company announced that more than 65,000 new videos were being uploaded every day – with 100 million video views per day.

YouTube did not begin as the market leader in the video space and faced competition from the likes of Vimeo and Viddler. However, it soon overtook its rivals because of how easy users found its uploading and embedding tools. The name surely had a say in the matter. Remembering YouTube verses the likes of Vimeo and Viddler is easier as it relates directly to the product.

In October 2009, the site celebrated serving over one billion views per day on the third anniversary of it being acquired by Google for $1.65 billion.

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