7 Companies Owned by Google Alphabet

In February 2006, NBC requested email protection | cloudflare YouTube to withdraw one of the former’s broadcast SNL clips (”Lazy Sunday”), citing copyrights infringement. However, NBC later changed its tune and proposed that YouTube would promote its fall’s TV lineup. This deal paved the way for profitable partnerships with other content providers. Looker, founded in 2011 by Lloyd Tabb, helps companies to easily extract and analyze data.

It’s Jawed Karim, one of the three co-founders of YouTube, who posted the first-ever video on YouTube, titled ‘Me at the zoo’, an 18-second clip filmed at the San Diego Zoo. YouTube Go, an app providing offline video access, is set to be shutting down in August 2022. Since the main YouTube app has been greatly improved to offer a better experience in these markets, YouTube Go is no longer relevant, and it’s being discontinued. YouTube removes the public dislike count on videos without removing the dislike button itself.

In April 2017, YouTube TV, an on-demand streaming service, officially launched in select markets.

There are reportedly 100 million clips viewed daily on YouTube, with an additional 65,000 new videos uploaded every 24 hours. Most of the early YouTube employees noticed only minor changes to their life, especially at first. Google added its mini Forex correlation convenience-stores to YouTube’s office, where employees could access as many free packs of gum and soft drinks as they wanted. Yu Pan, YouTube’s employee No. 1, noticed that the company parties got better.

Who founded YouTube?

From its humble beginnings as a dating app concept to its current status as part of Alphabet Inc., YouTube’s journey has been marked by various vital milestones and innovations, from which we could make the most remarkable ones. Born in August 1978 in Taipei, Taiwan, Steve Chen is an American entrepreneur who co-launched the video-sharing website YouTube in 2005. YouTube ranked as the 10th most popular website a year after its launch.

Alphabet: An Overview

According to a report by The Influencer Marketing Factory, YouTube is the top platform for AI influencers, with 59% of participants responding they followed these creators there. A YouTube spokesperson initially told The Verge that access to the site on the headset would be through Safari, and that an app wasn’t currently in the works. YouTube generated $15 billion in ad revenue in 2019, 9% of parent company Alphabet’s total ad revenue. These changes, along with the advertiser boycott, helped kick off YouTube’s first “Adpocalypse,” a term creators coined for the advertising impact. The spaces functioned as recording and creating studios for YouTube content creators. In November 2008, YouTube expanded its ad offerings to include sponsored videos and pre-roll ads, a format YouTube long said it wouldn’t resort to because those ads were too intrusive to the audience.

The YouTube Space has several features, including a video studio, a screening room, and a game room. Knowing who owns YouTube is becoming ever more important as the video-sharing platform continues to attract a massive number of eyeballs, especially compared to traditional media. It hosts an eclectic array of content, from educational tutorials to personal vlogs curated by influencers. YouTube is known as the go-to video platform for both short and long-term video content and is heavily influential on a global scale, from business to politics. After graduating from the University of Illinois at Urbana-Champaign, Chen worked at PayPal, where he met Chad Hurley and Jawed Karim.

The primary source of YouTube’s revenue generation is advertising, subscriptions, and commerce. Advertisers can place their ads on YouTube videos, and creators can earn money from them. However, if creators want, they can also charge for subscriptions to their channels and sell products through YouTube’s commerce platform. YouTube quickly became one of the web’s fastest-growing sites, and was ranked as the 10th most popular website just a year after its launch.

Established media, news, and entertainment corporations have also created and expanded their visibility to YouTube channels in order to reach greater audiences. Headquartered in San Bruno, California, YouTube is by far the most popular video-sharing platform, with users collectively watching more than a billion hours of videos per day. Since Google’s acquisition, the platform started generating revenue from sources like advertising, paid and exclusive content, and a paid subscription option, YouTube Premium, that removes ads from videos. In 2023, fxcm broker YouTube revenues constituted 10.25% of Google’s total revenues, or $31.33 billion.

YouTube and Alphabet’s corporate structure

However, the benefits paid to brands and advertisers beat out customer experience in the end. Not even a year later, the most successful creators were earning six-figure incomes, The New York Times reported. Sequoia partner Roelof Botha worked at PayPal with the cofounders, and learned about YouTube after using it to upload old wedding and honeymoon videos. Here is how YouTube got its explosive start, and maintained that momentum to become the biggest force in online video. The company rose like a rocket ship after its founding in 2005, and was bought by Google just 18 months later.

How did YouTube become popular?

At this point, nearly one out of every two people on the Internet visit the video-sharing website every month. The viral clip that helped YouTube score this record was a Nike ad showing Brazilian soccer player Ronaldinho receiving his pair of Golden Boots. This didn’t attract only the huge number of views, but Nike’s recognition of YouTube’s promotional potential as well. Don Tapscott and Anthony D. Williams argue in their book Wikinomics that YouTube is an example for an economy that is based on mass collaboration and makes use of the Internet.

• YouTube has had unprecedented social impact, influencing popular culture, internet trends, and creating multimillionaire celebrities.
• This acquisition was a significant milestone in the history of YouTube, as it provided the platform with the resources and expertise needed to grow and expand.
• If you choose to short the stock, be aware of the immense losses you could face should share prices climb.
• He demanded to know why they were having a clandestine meeting in a Denny’s parking lot at 3 a.m.
• YouTube was founded by Jawed Karim, Steve Chen, and Chad Hurley in 2005.
• You can also find her cooking, making singing videos, or walking on quiet streets in her free time.

Under Google, YouTube went from being a repository of amateur video to a powerhouse of original content, not to mention a launching pad for its own new brand of superstars, like MrBeast and the Smosh Brothers. In its 19-year history, YouTube has become the undisputed king of online video. In the video, a clearly giddy Hurley and Chen, dressed in blazers, announced the sale and thanked the community of creators. Byrne remembers the team writing and recording a short video that Hurley and Chen ended up filming outside in the parking lot that day, the red and white striped awning of TGI Fridays visible in the background. “We had signed the deal, it was down at the legal offices. I remember then driving at something like 100, 110 miles per hour to San Bruno and walking into the office for the first time and making the announcement for the team.” From the day the term sheet was signed to the day the deal was announced was a matter of days — Chen estimates it was five, Levine and Yu both pegged it at about a week.

However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you use your own judgement and consult with your own consultant, lawyer, accountant, or other licensed professional for relevant business decisions. YouTube is now one of Google’s most popular products, with over 2 billion active monthly users, almost a quarter of the world’s population. A major portion of Alphabet’s Class A and Class C shares held by major institutional investors like Vanguard, BlackRock, and State Street is due to their extensive ETF offerings. ETFs, index funds, and low-fee passive investing have become popular with investors who see them as a way to avoid high fees from managed funds that, in most cases, don’t even beat the market.