YouTube Story

Most of use You Tube , but do you know atleast who founded it or how was it founded. Let's look a t the full story.

YouTube was founded by three former PayPal employees Jawed Karim , chad, chen.Chad Hurley, Steve Chen

got the idea for Youtube when, after a dinner party at Steve's San Francisco apartment. They taken some video's of the event had wanted to share it . They had Problem sharing videos of the event. This event sparked the idea of a creating a video sharing tool.

No company, of course, is ever founded in a single moment, and YouTube evolved over several months. The acutal credit for YouTube goes to a Wired Magazine article about BitTorrent by Clive Thompson in the magazine’s January 2005 issue. The story included the calculation that 867,000 people watched Jon Stewart’s brilliant on-air harangue against Crossfire, while three times that many saw it online. Karim says he was captivated by the idea of an emerging clip culture.

Witnessing the boom of online grassroots video, realized the need for a decent service that made the process of uploading, watching and sharing videos hassle-free. The confluence of broadband penetration, Flash 7, digital cameras and phones, and cheap bandwidth also contributed to the YouTube’s birth .They registered the domain YouTube.com on February 15th, 2005 and developed the site over the following months from a garage in Menlo Park. In May 2005 they launched in a public beta.

First video was uploaded on April 23, 2005 by Karim, it shows Karim himself standing in front of elephants at the zoo. “The cool thing about these guys it they have really, really, really long trunks,” he says. That’s about it.

READ You Tube's success story

Chad at PayPal

Chad intially worked in PayPal before creating Youtube with fellow collegues.PayPal at that time was dedicated to enable PDA users to send money among themselves. Juat as he was about to graduate, he heard of then-new company . Hurley sent his resume and received a job interview. After flying to California, he was asked to design a logo to show his skills. The result is the current logo of PayPal that now dedicates to securing all kinds of online transactions.

Also, it was during his days at PayPal that he met Steve Chen and Jawed Karim, two PayPal engineers with whom he talked about several ideas for businesses. In 2002, when eBay bought PayPal for $1.54 billion, Hurley received a bonus which he used to finance their future venture. Another link that helped their future venture was their connection to Roelof Botha, the South African former PayPal CFO.

Chad Hurley- Youtube founder

Chad Meredith Hurley is the co-founder and Chief Executive Officer of the popular San Bruno, California-based video sharing website YouTube, one of the biggest providers of videos on the Internet.

Chad Hurley was born in 1977. He grew up near Birdsboro, Pennsylvania, with an older sister (Heather) and a younger brother (Brent). His parents are Donald Hurley, a financial consultant, and JoAnn, a school teacher. Since childhood, he showed interest in the arts.

He worked in eBay's PayPal division . He was involved designing the original PayPal logo . He satarted YouTube with fellow PayPal colleagues Steve Chen and Jawed Karim.

Hurley is a user interface expert and was primarily responsible for the tagging and video sharing aspects of the site. In June 2006, he was voted 28th on Business 2.0's "50 people who matter" list. In October 2006 he sold YouTube for $1.65 billion to Google.

Check out Chad's YouTube Profile