'Me at the Zoo'

Equities Staff  |

Video source: YouTube, jawed

On April 23, 2005, Jawed Karim uploaded a 19-second video entitled "Me at the Zoo" to his newly created website, YouTube.com. The short clip, filmed by Karim's friend Yakov Lapitsky at the San Diego Zoo, showed Karim standing in front of several elephants.

By the following summer, 65,000 videos per day were being uploaded to the site co-founded by Karim, Chad Hurley and Steve Chen. The three men had met while working at PayPal.

On October 9, 2006, Google announced it would acquire YouTube for $1.65 billion in stock.

Today, YouTube attracts 30 million daily active users with 720,000 new uploads per day. The site generated nearly $19.8 billion in global advertising revenue in 2020.

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Source: Equities News

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