Karim did not attend the party and denied that it had occurred, but Chen remarked that the idea that YouTube was founded after a dinner party "was probably very strengthened by marketing ideas around creating a story that was very digestible". Īccording to a story that has often been repeated in the media, Hurley and Chen developed the idea for YouTube during the early months of 2005, after they had experienced difficulty sharing videos that had been shot at a dinner party at Chen's apartment in San Francisco. Hurley had studied design at the Indiana University of Pennsylvania, and Chen and Karim studied computer science together at the University of Illinois Urbana-Champaign. The trio were early employees of PayPal, which left them enriched after the company was bought by eBay. YouTube was founded by Steve Chen, Chad Hurley, and Jawed Karim. Main article: History of YouTube Founding and initial growth (2005–2006) From left to right: Chad Hurley, Steve Chen, and Jawed Karim, the founders of YouTube. Despite its growth and success, the platform is sometimes criticized for allegedly facilitating the spread of misinformation, the sharing of copyrighted content, routinely violating its users' privacy, enabling censorship, endangering child safety and wellbeing, and for its inconsistent or incorrect implementation of platform guidelines. YouTube has had unprecedented social impact, influencing popular culture, internet trends, and creating multimillionaire celebrities. Established media, news, and entertainment corporations have also created and expanded their visibility to YouTube channels in order to reach greater audiences. Most content is generated by individuals, including collaborations between " YouTubers" and corporate sponsors. Video categories on YouTube include music videos, video clips, news, short and feature films, songs, documentaries, movie and teaser trailers, live streams, vlogs, and more. Since its purchase by Google, YouTube has expanded beyond the core website into mobile apps, network television, and the ability to link with other platforms. In 2022, YouTube's annual advertising revenue increased to $29.2 billion, more than $9 billion higher than in 2020. YouTube incorporated Google's AdSense program, generating more revenue for both YouTube and approved content creators. It also offers YouTube Premium, a paid subscription option for watching content without ads. Google expanded YouTube's business model of generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by and for YouTube. In October 2006, YouTube was purchased by Google for $1.65 billion (equivalent to $2.31 billion in 2023). As of May 2019, videos were being uploaded to the platform at a rate of more than 500 hours of content per minute, and as of 2021, there were approximately 14 billion videos in total. YouTube has more than 2.5 billion monthly users, who collectively watch more than one billion hours of videos every day. Headquartered in San Bruno, California, United States, it is the second most visited website in the world, after Google Search. Accessible worldwide, it was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim, three former employees of PayPal. YouTube is an American online video sharing and social media platform owned by Google. Python (core/API), C (through CPython), C++, Java (through Guice platform), Go, JavaScript (UI) Uploader holds copyright (standard license) Creative Commons can be selected.
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