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In February, we started developing the product. In May, we had our first public preview. And in December, we officially launched YouTube. By that time we were serving over three million videos a day.
We’re three to four times larger than Google Video or Yahoo Video Search. And growing much faster too. It’s a side project for them.
When we started this company a few years ago, we never expected to be here. It’s interesting how this simple idea, improving our own video experience online, turned into this.
I see our service as one that’s been needed for a long time. The pieces to make it all happen just weren’t in place until we came around.
We needed it to be a no-brainer.
We allowed the community to tell us what was entertaining them.
We operate under the law. We have from day one.
What our users want to watch is themselves. They don't want to watch professionally produced content. There are so many people with cameras that have the opportunity to create their own content and so many more people with editing tools to tell their stories.
We feel this is just the tip of the iceberg.
If we wanted to, we could instantly turn this into $10 million in revenue per month by running pre-rolls [short video ads] on the videos. But at the same time, we’re going to make sure that whatever revenue model we’ve built is going to be something that’s accepted by the users.
We’re building relationships with studios, networks, and labels because they’re looking for ways to reach new audiences, and we have a great platform and a great stage to make that happen.
We are building a community, and we don’t want to bombard people with advertising.
We’re really trying to develop something that works for our community.
This isn’t just about music videos.
We want to entertain, inform and empower people with video around the world.
It’s about creating new market opportunities. Giving users new ways to be creative…We see our technology as a platform for other things.
We’ve been around for awhile, so it’s been a very long month for us.
We’re not in a hurry. We’re interested in building our community. We’re trying to improve discovery. We’re trying to improve the experience for people on our site.
“Everybody aspires to be a star,” says Steve Chen, a Taiwanese immigrant who came to the U.S. with his family in the hopes for a better life. Chen’s aspirations became a reality when he, along with Pennsylvania-born...
YouTube was not just about watching and sharing videos online. What made YouTube so successful was Hurley and Chen’s ability to take advantage of the changing environmental factors in which they found themselves. Th...
“We’re not in a hurry,” Hurley once said. “We’re interested in building our community. We’re trying to improve discovery. We’re trying to improve the experience for people on our site.” They might not have been in a...
“If we wanted to, we could instantly turn this into $10 million in revenue per month by running pre-rolls [short video ads] on the videos,” says Chen. “But at the same time, we’re going to make sure that whatever re...
“When we started this company a few years ago, we never expected to be here,” says Hurley. “It’s interesting how this simple idea, improving our own video experience online, turned into this.”
Chad Hurley and Steve Chen Video - YouTube co-founders Chad Hurley and Steve Chen join Charlie Rose to discuss the rise of YouTube and the future of the company. This is a five-minute preview of a longer conversation that will air Friday, August 11th, on "Charlie Rose".
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“Everybody aspires to be a star,” says Steve Chen, a Taiwanese immigrant who came to the U.S. with his family in the hopes for a better life. Chen’s aspirations became a reality when he, along with Pennsylvania-born...
