I’m not sure it was about profit when it was an independent website that had no ads. You know, before Google bought it. How was it even making money back then?
YouTube began as an angel-funded enterprise working from a makeshift office in a garage. In November 2005, venture firm Sequoia Capital invested an initial $3.5 million,[20] and Roelof Botha (a partner of the firm and former CFO of PayPal) joined the YouTube board of directors. In April 2006, Sequoia and Artis Capital Management invested an additional $8 million in the company, which had experienced significant growth in its first few months.
I’m not sure it was about profit when it was an independent website that had no ads. You know, before Google bought it. How was it even making money back then?
https://en.wikipedia.org/wiki/History_of_YouTube
That’s the neat part, it wasn’t