April 9, 2012 by joshartrip
In November 2006, Google bought the video sharing powerhouse YouTube for an “astronomical” $1.65 billion. The first video was uploaded to YouTube on April 23rd, 2005. It quickly became the default site on the web to upload video clips of just about anything; dogs, cats, babies, and yes, some copyrighted stuff. You couldn’t discuss video on the web without mentioning YouTube. Does this story sound familiar at all? It sounds like what just happened with Instagram and Facebook, of course.