What is YouTube Net Worth?
|Net Worth||$25 Billion|
|Founded||February 14, 2005|
|Age||16 years Ago|
|Headquarters||901 Cherry Avenue, California, USA|
|Type of Site||Online Video Platform|
Youtube is an American online video sharing and social media platform. Its worth is estimated to be over $25 Billion. Youtube was founded by three former Paypal employees “Steve Chen”, “Chad Hurley”, and “Jawed Karim” in February 2005. Now it is owned by Google.
Youtube is the second most visited website in the world with more than a billion users per month. Where per minute more than 500 hours of content are uploaded on YouTube.
Google bought Youtube for $1.65 billion in October 2006. Since then they have changed the business model and advertising is no longer the only source of income. Now they offer paid content such as movies, and other exclusive content. They have integrated the platform with Google Adsense.
The current CEO of Youtube is an American-Polish business executive “Susan Wojcicki”.
Youtube is one of the most innovative and successful startups/ businesses in the world. It is the platform that has changed millions of lives and is still doing it even better. It includes individual people as well as companies, businesses, brands, and other commercial entities.
It is a goldmine for the video contents creator. It has a huge sustainable social impact, influencing internet trends, popular culture, and creating multimillionaire celebrities.
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The Secret …
How does Youtube make money?
What is Youtube’s main source of his income?
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How Did YouTube Start (History)?
YouTube was founded on February 14, 2005, by Steve Chen, Jawed Karim, and Chad Hurley. They were the early employees of PayPal, they left the company when PayPal was bought by eBay. Chen and Jawed studied computer science at the University of Illinois at Urbana–Champaign, where Hurley studied design at the Indiana University of Pennsylvania.
There are several stories about how YouTube was founded. But the one most repeated in the media when they faced difficulty in sharing videos that had been shot at a dinner party at Chen’s apartment in San Francisco. Karim did not attend & denied that did not happen.
While Karim said the inspiration for YouTube came from the Super Bowl XXXVIII halftime show controversy, the breast of Janet Jackson was briefly exposed by Justin Timberlake Karim could not find the video clip easily on the internet and also 2004 Indian Ocean Tsunami. These gave him the idea of a video-sharing site.
Earlier they started a video version of an online dating service, influenced by the website Hot n Not. They created a post on Craigslist and asked attractive women to upload videos of themselves in exchange for $100. This idea did not work and they decided to accept uploads of any type of video.
They began as a technology start-up based on venture capital funds. During November 2005 and April, they raised money from a variety of investors, the major two were Sequoia Capital with $11.5 million and Artis Capital Management, $8 million.
YouTube’s initial headquarters was located above a Japanese restaurant and pizzeria and in San Mateo, California. The first video on YouTube was uploaded in February 2005, by the co-founder Jawed Karim with the title “Me At The Zoo”. After the beta version was launched in November, a Nike ad video featuring Ronaldinho was the first to cross 1 million views.
YouTube Company Details
|Type of site||Online Video Sharing Platform|
|Founded||February 14, 2005; 16 years ago|
|Types of Business||Subsidiary|
|Area Served||WorldWide (Excluding blocked countries)|
|Headquarters||901 Cherry AvenueSan Bruno, California, United States|
|Founders||Chad HurleyJawed KarimSteve Chen|
|Key Person||Susan Wojcicki (CEO)Chad Hurley (Advisor)|
|Type of Industry||InternetVideo Hosting Service|
|Products||YouTube PremiumYouTube KidsYouTube MusicYouTube TVYouTube Kids|
|Revenue/Worth (Estimated)||$25 Billion|
|Parent Company||Google LLC (2006-Now)|
|Advertising through||Google Adsense|
|Users||More than 2 billion|
|Written in Language||Python (core/API), C, C++. Java, Go, Java Scripts|
What Are The YouTube Services For The Users?
These are the products and services offered by YouTube.
- YouTube Community
- YouTube Go
- YouTube Kids
- YouTube Movies
- YouTube Music
- YouTube Premium
- YouTube Shorts
- YouTube Stories
- YouTube TV
- Youtube Originals
- YouTube Selects
- YouTube Studio
How Does YouTube Make Money?
The major source of revenue for youtube is Advertising. But now they have expanded the source of earnings such as:
- Earn Money from monthly subscription businesses such as YouTube Premium
- The creators earn money from other ways such as Super Chat, Channel Membership, and Merchandise.
- The creator and YouTube share revenue generated from these channels.
How Does YouTube Work?
Below is the video showcasing the way YouTube operates.
In Which Country YouTube Is Ban?
List of countries where YouTube is banned. Public access is blocked in many countries such as:
- North Korea
- South Sudan
YouTube Social Media Accounts
YouTube is an American video-sharing and social media platform. YouTube is the world’s largest video-sharing platform. It is the second most visited website after Google in the world.
Also according to the recent research and the sources from the web, YouTube Worth is $25 billion…!
Frequently Asked Question
Who is the founder of YouTube?
The founders of YouTube are Steve Chen, Chad Hurley, and Jawed Karim; they were former employees of PayPal. They are often considered in the group of PayPal Mafia.
Who is the Richest YouTuber?
Jeffree Star is the richest YouTuber, she has an estimated net worth of $200 million. She uploads content related to beauty tips.
P.S: I wrote this copy about YouTube Worth, with a clear intention to have an impact on your life, especially on all aspiring YouTubers, start-ups, and entrepreneurs. To change your life.