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Industries
Consumer Software
Social Impact
Entertainment
Company Size
10,001+
Company Stage
Acquired
Total Funding
$1.7B
Headquarters
San Bruno, California
Founded
2020
YouTube is a platform that allows users to upload, share, and view videos. It operates by enabling content creators to upload their videos, which can then be accessed by viewers around the world. Users can search for videos, subscribe to channels, and interact through comments and likes. YouTube differentiates itself from competitors by fostering a collaborative work environment where employees contribute to the development of features and products quickly, allowing for rapid updates and improvements. The goal of YouTube is to provide a space for creativity and expression, making it easy for anyone to share their stories and connect with a global audience.
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Total Funding
$1661.5M
Above
Industry Average
Funded Over
3 Rounds
In 2006, Google acquired YouTube for $1.65 billion in stock, a move initially questioned due to YouTube's lack of profitability. However, it proved to be a pivotal decision in online media, transforming video sharing and monetization. YouTube, launched in 2005, quickly became popular but faced high operational costs, copyright issues, and lacked a revenue model. Google saw the potential in online video and aimed to integrate YouTube while preserving its community-focused ethos.
YouTube TV is rolling out a new library for its DVR & on-demand programming.
At the end of December, YouTube TV announced a new partnership with Peloton that allows owners of select Peloton exercise machines to access their YouTube TV subscription and watch live channels while working out.
YouTube is reportedly laying off about 100 people from its creator partnerships team.
Well YouTube has launched Promotions in beta and it is a really good first step.
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Industries
Consumer Software
Social Impact
Entertainment
Company Size
10,001+
Company Stage
Acquired
Total Funding
$1.7B
Headquarters
San Bruno, California
Founded
2020
Find jobs on Simplify and start your career today