
Created by former employees of PayPal and now owned by Google - thecurrent video sharing giant 'YouTube' was activated on Monday, February 14 in 2005.
YouTube was founded by Chad Hurley, Steve Chen and Jawed Karim while they were working for online payment company PayPal.
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YouTube's initial headquarter was above Pizzeria and Japanese restaurant in San Mateo in California.
However, the domain was activated on February 14th, 2005 but the video upload feature was integrated on April 23 in the same year.
Angel-funded enterprise YouTube was one of the fastest growing sites on the world wide web in just one year of its beginning.
In November 2005, venture capital firm Sequoia Capital invested in the site with 3.5 million dollars and Roelof Botha partner in the same firm and former CFO of PayPal joined the YouTube board of directors.
In June of 2006, YouTube entered into a marketing and advertising partnership with NBC and in November Google announced that it would be purchased by Google for $1.65 in stock.
In the same glorious year of YouTube, it was featured as 'person of the year' in Times magazine's annual issue.
YouTube was featured Times magazine's 'person of the year' annual issue. (Image courtesy: Times archive) (Others)
It was also listed at ninth best products of 2006 by global computer magazine PC world.
YouTube currently has about 1 billion users and over 30 million people visit in a day.