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Saturday, March 26, 2011

You Tube : Brief History

YouTube was founded by Chad Hurley, Steve Chen, and Jawed Karim, who were all early employees of PayPal. Hurley had studied design at Indiana University of Pennsylvania, while Chen and Karim studied computer science together at the University of Illinois at Urbana-Champaign.

When creating YouTube, the three divided work based on skills: Chad Hurley designed the site’s interface and logo. Steve Chen and Jawed Karim divide technical duties making the site work. They later split management tasks, based on strengths and interests: Chad Hurley became CEO; Steve Chen, Chief Technology Officer.



According 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. Karim did not attend the party and denied that it had occurred, while Hurley commented 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."

 In November 2006, YouTube, LLC was bought by Google Inc. for $1.65 billion, and now operates as a subsidiary of Google.

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