Video was about to be king on the web YouTube was launched in February 2005 by Steve Chen, Chad Hurley, and Jawed Karim. Google Videos was actually a thing, too, but not a real ongoing concern as far as video destinations on the web went at the time. In 2011, those numbers reached 48 hours of content being uploaded each minute and three billion views per day. Dolla dolla bills, y’all What we do know is that the Baby Shark Dance is the most viewed video on YouTube as of March 2021, with 8.5 billion views. Looking at it from that perspective, that original $1.65 billion acquisition cost was a steal.

Source: The Nation July 10, 2021 13:52 UTC