YouTube was founded on the 14 of February 2005 by 3 former employees of PayPal Chad Hurley, Jawed Karim and Steve Chen.
Chad Hurley studied Design, a graduate of Indiana University of Pennsylvania. Jawed Karim and Steve Chen both studied computerscience at the University of Illinois at Urbana Champaign. The first video on YouTube was uploaded by Jawed Karim on the 23 of April 2005.
The platform was bought by Google in November 2006 for a sum of $1.65 billion.
YouTube, the vast video sharing platform of the modern era was founded in February 2005. Three people namely Chad Hurley, Steve Chen and Jawed Karim originally founded it. They were colleagues at PayPal, an international payment platform. The entire site, stemmed from the idea of difficulty in sharing videos with each other.
Part of the idea was to find videos easily as the founders tried to find the infamous Janet Jackson Nip slip in 2004 super bowl as well as the Indian Ocean Tsunami in 2004. The three minds set down to develop an easy video sharing platform for everyone to access. The platform was bought by google in November 2006.