YOUTUBE

YouTube is a website that allows users to upload, download, view and share videos.
Founded in February 2005 by 3 former employees of PayPal (Chad Hurley, Steve Chen and Karim Jaweb), the online payment company owned by eBay group. Immediately, the young company attracted the interest of investors and the venture capital firm Sequoira.

It all started with a party. The Chad Hurley and Steve Chen in February 2005. Your video was too long spree to send email to your friends.
In his frustration came the idea: a big place where anyone could post and view any video. That was in 2005, now 65.000 new videos are posted daily.
The short history of YouTube has the highest exponential growth in memory.
Chad Hurley paid with his credit card the first bill for the broadband connection needed to launch its online video site. Since then, demand has been so explosive (100 million hits per month) the cost of infrastructure has risen to two million dollars per month.
This expenditure could not continue for long, unless they find a way to fund it with advertising revenue. This is where Google comes into play, who bought the October 10, 2006 YouTube for 1,650 million dollars.
Reportedly, YouTube will keep its independence from the Google Video service.