YouTube began as a vague concept by three former PayPal employees in 2005 but evolved into a groundbreaking platform for user-generated content. Initially struggling to define its purpose, the founders shifted focus when they noticed users uploading personal videos instead of dating content. By allowing users to dictate what YouTube became, they created a user-friendly site that encouraged engagement through comments and subscriptions. This pivot ultimately led to Google acquiring YouTube for $1.65 billion in stock by 2006, cementing its status as a digital media leader.
In June, we had completely revamped the website, making it more open and general. It worked," explained Karim.
We didn't even know how to describe our new product. To generate interest, we just said it was a new kind of dating site.
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