๐ฅ From Dating App to Empire: The YouTube Story In February 2005, three former PayPal employees launched a site called YouTube. Their original idea? ๐ A video dating site. The slogan: โTune in, Hook up.โ It flopped. No one uploaded dating videos. But something strange happened: People started uploading random clips vacations, parties, pets. One of the founders posted the first video ever: "Me at the zoo." A 19-second clip. No polish. No plan. But it was relatable. It was human. Suddenly, YouTube wasnโt a dating site. It was becoming the internetโs video layer. By late 2005, it was exploding with user-generated content. ๐น 65,000 videos uploaded per day ๐ 100 million views per day VCs rushed in. Google saw the writing on the wall. In 2006, they acquired YouTube for $1.65 billion. Critics scoffed: "Thatโs a billion dollars for home videos and copyright lawsuits." But Google had a longer vision. They didnโt see a website. They saw the future of human attention. ๐ Fast forward to 2024: ๐ YouTube made $36.1 billion in revenue. ๐ต YouTube Music has 868 million users. ๐ฐ And it's the top destination for both creators and advertisers. Whatโs wild? YouTube gives away over 50% of its ad revenue to creators. While others tried to own attention, YouTube shared it and in doing so, earned global dominance. ๐ผ The Business Lesson? 1. Great platforms often start by pivoting from failure. 2. Don't chase short-term moneyโchase product-market fit. 3. Build ecosystems. Empower users. Play infinite games. What started as a failed dating siteโฆ became the largest video platform in the world. Cat videos built an empire. ๐๐
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