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People forget that YouTube was created in in February 2005 by former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim.
The service was created by three former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim—in February 2005.
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YouTube
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YouTube
YouTube is an American video-sharing website 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; YouTube now operates as one of Google's subsidiaries. YouTube allows users to upload, view, rate, share, add to favorites, report, comment on videos, and subscribe to other users. It offers a wide variety of user-generated and corporate media videos. Available content includes video clips, TV show clips, music videos, short and documentary films, audio recordings, movie trailers, live streams, and other content such as video blogging, short original videos, and educational videos.
History of YouTube
YouTube was created by PayPal employees as a video-sharing website where users could upload, share and view content. The Internet domain name "codice_1" was activated on Monday, February 14, 2005 at 9:13 p.m.  YouTube was founded by Chad Hurley, Steve Chen, and Jawed Karim, when they worked for PayPal. Prior to working for PayPal, Hurley studied design at the Indiana University of Pennsylvania; Chen and Karim studied computer science together at the University of Illinois at Urbana–Champaign. YouTube's initial headquarters was above a pizzeria and Japanese restaurant in San Mateo, California. The domain name "YouTube.com" was activated on February 14, 2005 with video upload options being integrated on April 23, 2005.
Chad Hurley
Chad Meredith Hurley (born January 24, 1977) is an American co-founder and former CEO of the popular video-sharing website YouTube and MixBit. In June 2006, he was voted 28th on Business 2.0's "50 People Who Matter Now" list. In October 2006, he and Steve Chen sold YouTube for $1.65 billion to Google. Hurley worked in eBay's PayPal division—one of his tasks involved designing the original PayPal logo — before starting YouTube with fellow PayPal colleagues Steve Chen and Jawed Karim. Hurley was primarily responsible for the tagging and video-sharing aspects of YouTube. Hurley was born in Reading, Pennsylvania, the second child of Don and Joann Hurley, and grew up near Birdsboro, Pennsylvania.
Jawed Karim
Jawed Karim (born October 28,1979) is a German-American (of Bangladeshi descent) Internet entrepreneur, who worked at PayPal, and co-founded YouTube. He is the first person to upload a video on it. The video he released was named 'Me at the zoo' and as of 20th January 2018, has reached over 45 million views. Many of the core components of PayPal, including its real-time anti-internet fraud system, were also designed and implemented by Karim. Karim was born in Merseburg, East Germany in 1979 to a Bangladeshi father and a German mother. He crossed the inner German border with his family in the early 1980s, growing up in Neuss, West Germany.
Steve Chen
Steven Men "Steve" Chen (; born on August 18, 1978) is a Taiwanese American Internet entrepreneur. He is best known as one of the co-founders and the previous chief technology officer of the popular website YouTube. He is of Chinese descent. After having co-founded the company "AVOS Systems, Inc." and built the video-sharing app MixBit, he joined Google Ventures in 2014. Chen was an employee at the industry financial company PayPal, where he first met Chad Hurley and Jawed Karim. Chen was also an early employee at Facebook, although he left after several months to start YouTube. In 2005, Chad Hurley, Jawed Karim and Chen founded YouTube, with Chen having the position of chief technology officer.
PayPal Mafia
"PayPal Mafia" is a term used to indicate a group of former PayPal employees and founders who have since founded and developed additional technology companies such as Tesla Motors, LinkedIn, Palantir Technologies, SpaceX, YouTube, Yelp, and Yammer. Most of the members attended Stanford University or University of Illinois at Urbana–Champaign at some point in their studies. Six members, Peter Thiel, Elon Musk, Reid Hoffman, Luke Nosek, Ken Howery, and Keith Rabois, have become billionaires. Originally, PayPal was a money-transfer service offered by a company called Confinity which was acquired by X.com in 1999.
Internet video
Internet video or online video is the general field that deals with the transmission of video over the Internet. Internet video exists in several formats, the most notable being AVCHD, FLV, and MP4. There are several online video hosting services, including YouTube, as well as Vimeo, Twitch, and Youku. In recent years, the platform of internet video has been used to stream live events. As a result of the popularity of online video, notable events like the 2012 U.S. presidential debates have been streamed live on the internet. Additionally, internet video has played an important role in the music industry as a medium to watch music videos and gain popularity for songs.