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Success Story of YouTube- How YouTubers earn $20 million per year - From Scratch to Sky Crapper -

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Success Story of YouTube- How YouTubers earn $20 million per year - From Scratch to Sky Crapper -

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This video about success story of YouTube. How YouTube has grown in the last decade. YouTube was founded by Chad Hurley, Steve Chen, and Jawed Karim, when they worked for PayPal. Prior to working for PayPal, Hurley studied design at the Indiana University of Pennsylvania; Chen and Karim studied computer science together at the University of Illinois at Urbana–Champaign. YouTube's initial headquarters was above a pizzeria and Japanese restaurant in San Mateo, California.
YouTube began as an angel-funded enterprise working from a makeshift office in a garage. In November 2005, venture firm Sequoia Capital invested an initial $3.5 million. Roelof Botha (a partner of the firm and former CFO of PayPal) joined the YouTube board of directors. In April 2006, Sequoia and Artis Capital Management invested an additional $8 million in the company, which had experienced significant growth in its first few months.
The core business of Alphabet Inc.'s Google (NASDAQ: GOOG) is selling online advertising space to merchants placed across its products from internet search to Gmail to YouTube.

Advertisers can pay the company to have their websites show up in Google search results for specified search terms.
Because the number of Google searches conducted per year is over 1 trillion, the company has a huge user base to leverage for advertising dollars.
YouTube generated nearly $5 billion in ad revenue in the last three months, Google revealed today as part of parent company Alphabet’s fourth quarter earnings report.
This is the first report under newly instated Alphabet CEO Sundar Pichai, who took over as the chief executive of the entire company late last year after co-founders Larry Page and Sergey Brin stepped back from day-to-day duties and promoted Pichai, formerly Google CEO, to the top spot.
The announcement marks the first time in YouTube’s nearly 15 years as a Google-owned platform, since Google bought the website in 2006 for $1.65 billion, that the company has revealed how much money YouTube-hosted ads contribute to the search giant’s bottom line.
During the summer of 2006, YouTube was one of the fastest growing sites on the World Wide Web,hosting more than 65,000 new video uploads.
The site delivered an average of 100 million video views per day in July.
It was ranked the fifth-most-popular website on Alexa, far out-pacing even MySpace's rate of growth.
The website averaged nearly 20 million visitors per month according to Nielsen/NetRatings,with around 44% female and 56% male visitors.
The website averaged nearly 20 million visitors per month according to Nielsen/NetRatings,with around 44% female and 56% male visitors.
The website averaged nearly 20 million visitors per month according to Nielsen/NetRatings,with around 44% female and 56% male visitors.
On October 9, 2006, it was announced that the company would be purchased by Google for US$1.65 billion in stock, which was completed on November 13.
The agreement between Google and YouTube came after YouTube presented three agreements with media companies in an attempt to avoid copyright-infringement lawsuits.
YouTube planned to continue operating independently, with its co-founders and 68 employees working within Google.
Google's February 7, 2007 SEC filing revealed the breakdown of profits for YouTube's investors after the sale to Google. In 2010, Chad Hurley's profit was more than $395 million while Steve Chen's profit was more than $326 million.
Google Search generated an eye-popping $98.1 billion in 2019, the company says, but that’s just a 15 percent increase over 2018.
YouTube, on the other hand, grew from $11.2 billion in 2018 to $15.15 billion last year, a 36.5 percent jump.
Analytics viewed that a revenue miss of this magnitude for Alphabet means investors were not pleased, and Alphabet stock is now down more than 4 percent in after-hours trading.
• Through Youtube ,People looking to gain large followings and monetize those followings are referred to as "YouTubers
• YouTubers make money selling ad space like a traditional business, as well as offering paid product placement and selling directly to their follower base.
• YouTubers make money selling ad space like a traditional business, as well as offering paid product placement and selling directly to their follower base.
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YouTube Premium Service,YouTube’s Advertisement Revenue,YouTube’s Owner Life style ,YouTube Kids,YouTube Music

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