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Why is the story of YouTube interesting?

YouTube is a video sharing website. Launched in May 2005, YouTube allows billions of people to discover, as well as to watch and share originally-created videos. It also provides a forum for people to connect, inform, and inspire others across the globe.

YouTube was founded by Chad Hurley, Steve Chan, and Jawed Karim who were all early employees of PayPal. The first YouTube video was uploaded on April 23rd, 2005.

During the summer of 2006, YouTube was one of the fastest growing sites on the Web. The website averaged nearly 20 million visitors per month.

On October 9th, 2006, it was announced that the company would be purchased by GoogIe. YouTube’s statistics at the end of 2015 claim that more than 400 hours of video was uploaded to the site per minute. At over one billion users, YouTube has over a third of the entire population of the Internet hooked on to it!

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