Hi, YouTube
this is Chad [and] Steve were the cofounders of the
Site before YouTube reinvented the way we consume information with over a billion users uploading
300 hours of video each and every minute wow
Before YouTube would transform ordinary people into superstars and make millionaires [out] of new media entertainers including
Pewdiepie KSI [Philip] [Defranco] and Superwoman before YouTube expanded its headquarters from a garage to a
215 million Dollar Office park with a standalone company evaluation worth 70 billion dollars
[I'm] not really supposed to film in this part of YouTube headquarters, but look they have stairs not cool
They have a super slide very cool before Youtube would help launch the career of Justin Bieber
before YouTube hired an Ex def Jam executive to
renegotiate [with] furious music industry bigwigs who wanted Youtube to crack down on the use of music and videos
Prior to YouTube there were ways to share a video. It's your remember ebaum's world
well it just wasn't cutting it for the three creators of YouTube who in
2005 were struggling to find Janet Jackson slip slip at the Superbowl anywhere online [the] original idea was a little different than Youtube today
They wanted to make a dating site titled [tunein] hookup they soon realized that there was more
opportunity for
streaming video [and] in less than two short years the former Paypal employees went from working in a garage to selling YouTube to google for
1.65 billion dollar
What's going on guys? My name's [Michael] [Grande] Acumen ting the rise of YouTube prior to fame here for you on before?
[they're] famous now
We've done videos on similar companies in the past including Google and Lego and in the Lego video I did
Stop-Motion animation. [I] was a lego guy. [I] was fantastic and very few of you. Watched it. You should really check it out
In the meantime let us know in the comments down below who you want us to document next
the power of
simplifying a process and giving everyone a solution you [too] was created in February of
2005 by three former Paypal Employees [EFj] chen Chad Hurley and Jawad [Kareem] chatted study design at Indiana
University in Pennsylvania [Steven], Jawad they had [study] computer sciences at the University of Illinois you
[can] go through the other ones
of the search results or of the set that the
The image came from [yet]
The boys had initially been toying with the idea of building a dating site [where] people could upload video of themselves to find a possible
Match online hence the name [tunein] [hookup] then in
2004 the Superbowl rolled around and they were having a hard time finding Janet Jackson City flash from the [Superbowl]
You know the one I'm talking about this was like the miley cyrus twerking at Robin thicke of that decade
by the end of this song
Now that staged incident did little to help Janet Jackson's career, but it did birth YouTube and gave me a career online
So we're attention-grabbing stunts. I am forever grateful for now following this whole titty Fiasco
There was also a tsunami out in Asia and the boys also wanted to see footage of that and they went to websites like
[íbamos] world, but on there all they found were dancing babies and dancing bananas, so they were like, huh?
Yeah, there's definitely [a] need for a place where people upload and stream videos
Abandoning [toon] in hook up they registered the domain name
Youtube.com in February of 2005 they borrowed from their previous
Project and began building up the code first working at a [Chad's] garage at Menlo park in the San Francisco Bay area
They soon moved their headquarters to San Mateo, California above a pizzeria
And it must have been some damn good pizza
Because in just a few months the bare-bones of the site was ready and creme upload was the very first
[YouTube] video ever titled me at the Zoo [alright]. So here. We [are] one of the elephants
by may
2005 they launched the beta version of the site to the public and the thing took off within a few months
It was just bloggers and teenagers using the site
but [massive] companies trying to find an audience with their marketing campaigns the first video to hit a million [views] was put out by
Nike in September of 2005
Yes, you just witnessed the birth of the viral video
But Nike wasn't the only one noticing the potential for profit massive investment firm Sequoia capital gave the boys a start-up venture capital up
[3.5] million Dollars
YouTube opened up to the public a month later and was hitting 8 million views a day with the help of some
YouTubers just still know and love [today] and
[others] you may not remember
And the ones everyone watched including Charlie bit me this was actually the first Youtube video. I ever watched
I never asked my friend. [what] [the] hell is Youtube
In 2007 the first annual YouTube awards were created to give recognition to the best youtubers or videos out there
And it was voted by the YouTube community winners included smosh and the bad ok go people around the world
We're having a blast sharing their personal videos and utilizing the site as a creative outlet
But others started uploading pirated content which really pissed off those who sense that this could cost the bigwigs big bucks
We're talking TV. Networks production companies photographers Musicians
They all felt that this platform made it too easy for others to take their work and use it as their own to help remedy
This Youtube made a limit cap of ten minutes discouraging TV episodes and films from being uploaded
Though this worked for some time it would only be the beginnings of a massive copyright mess. They helped create
The move seemed to Impress the investors who [lumped] even more money into the platform by july of 2006
Youtube.com was up to 100 million views and 65 thousand new videos each day
that's when Google decided it was time to scoop them up and offer them a deal in november of 2006 for
1.65 billion in Google stock not bad for a year and a half's work boys
it
This is what you've been working for now under the umbrella of the almighty Google
They began pushing the quality of video
And it wasn't long [before] they were hosting videos in Hd and widescreen when the site was monetized in
2007 a lot of the top YouTube
personalities became partners and started to make some impressive bank some people who had just stumbled onto the platform began taking home as much as
$100,000 a year or more
But as Youtube's revenue went up and more and more companies started breathing down the necks
Copyright issues well soon the platform was issuing strikes and [to] monetizing users videos even if they fell into Youtube's fair use policy
Smaller creators were left to try and defend themselves in Court while the YouTube corporation got off Scot-free
Because of a legal loophole called digital copyright
Millenium Act thanks to the same Act the music industry claimed to be losing millions of free streaming and
Reposts of their artists work on YouTube so many people now go to youtube to listen to music that in
2013 billboard started factoring in stream Data to figure out who made their hot 100 charts which would explain house
I stayed in it for 27 weeks
That man right there and is crazy dance at another Milestone for Youtube with his video bringing in
2.6 billion views account so high that the website needed to update their counter today Youtube is the largest online video
Destination in the world and the second most visited website overall this site exceeds 2 billion views a day and nearly double the primetime audience
of all three major [us] networks
Combined. I'm really happy. I work on it as where the rest of the story
Well, you know the story because this is before their fence. My name's Michael [cretin]
We make a lot of bio videos on here of this channel
We have done over 500 videos on rappers and actors [and] youtubers and singers and models and porn stars
Basically anyone who's famous and relevant on the internet?
Be sure to browse [around] hit subscribe and let us know as always in the comments down below who you want me to document next
My dog walked up to a lemonade stand and he said to the man running the stand
[hey], Pom Pom Pom got any grapes
[so] now the u.s. Is like fuck. We're dumbasses [Kenneth] is like what's going on?
[eh] Australia is still like [WC] yet. Marlys is laughing at us and some huge meteor is like well fuck that