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The Incredible Journey of YouTube: From Humble Beginnings to Media Titan
Cnbc3 weeks ago
940

The Incredible Journey of YouTube: From Humble Beginnings to Media Titan

Media and Technology
youtube
media
technology
investing
entrepreneurship
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Summary:

  • YouTube has evolved into one of the largest media companies in the world.

  • Acquired by Google in 2006 for $1.65 billion.

  • Investors now speculate if YouTube could be worth as much as $400 billion like Netflix.

  • The platform's staying power was uncertain during its early days.

YouTube's Evolution

YouTube has transformed itself from a platform for funny cat videos and dance history explorations to one of the largest media companies globally.

YouTube Logo
Image Source: Future Publishing | Future | Getty Images

The Google Acquisition

In 2006, Google acquired YouTube for $1.65 billion during the early days of the online video boom. At that time, the platform's long-term viability was uncertain.

Current Perspectives

Fast forward eighteen years, and investors in Google's parent company, Alphabet, are now considering a strangely positive kind of uncertainty regarding YouTube's future. Could this overlooked business be worth as much as Netflix, estimated at nearly $400 billion? The questions linger: What’s next for YouTube?

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