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M360M4A1

Description

YouTube.com was founded by Chad Hurley, Steve Chen, and Jawed Karim, who were all early employees of PayPal.[2] Prior to PayPal, Hurley studied design at Indiana University of Pennsylvania. Chen and Karim studied computer science together at the University of Illinois at Urbana-Champaign.[3] The domain name "YouTube.com" was activated on February 15, 2005,[4] and the website was developed over the following months. The creators offered the public a preview of the site in May 2005, and six months later, YouTube made its official debut.

The company's humble beginnings in a garage and commitment to offering free services necessitated outside financial backing. In November of 2005, venture capital firm Sequoia Capital invested an initial $3.5 million;[5] additionally, Roelof Botha, partner of the firm and former CFO of PayPal, joined the YouTube board of directors. In April 2006, Sequoia put an additional $8 million into the company, which had experienced a boom of popularity and...

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