YouTube is a website that offers web services for uploading, viewing and sharing video files. The technology used for viewing the clips is a very popular one, namely Macromedia Flash, while the format used is the *.flv, which can be very easily viewed with the help of one of the numerous compatible software players currently available. Moreover, as I’ve mentioned before, the video clips using this format can be very easily embedded in other websites, thus increasing YouTube’s own customer base. However, practically, YouTube is a service which lets the users upload just about any type of video material, representing some sort of crossbreed between the file sharing networks, blogs and social networking websites. Oh, and it’s also free and very user friendly.
YouTube, based in San Mateo, California, has been founded in February 2005 by three ex-members of the initial team which worked on the online payment service PayPal. They are Chad Hurley (Chief Executive Officer), Steve Chen (Chief Technology Officer) and Jawed Karim (adviser), later on joined by Roelof Botha, ex-Chief Finance Officer of PayPal and a
partner of the venture capital firm Sequoia Capital, which played a very important part in the development of YouTube. Thus, the venture capital firm invested 3.5 million dollars in November 2005, and another 8 million in April 2006. And it seems that this is an investment which will pay off big time, since just in April 2006, over 35,000 have been uploaded daily on YouTube, the number of clips viewed each day reaching the astounding number of 30 million.
Now since there's been so much hype and news around YouTube... I figured might as well start up a thread since quite a few people in here is familiar with the site already... Plus it originated from the YAY AREA!!!!
So jump start this thread with a video that I just saw on NBC while they were talking about YouTube....
For cat owners...
Funny Family Guy Clip