YouTube turns 20 this 12 months, and if it had been a standalone enterprise, it could be price between $475 billion and $550 billion, in line with analysts at MoffettNathanson, per CNBC.
As of press time, that might place it on the largest companies in the world list round No. 16, in between No. 15 Visa ($656B market cap) and No. 17 Mastercard ($494B market cap). For context, JPMorgan, the most important financial institution within the U.S., is No. 14 with a $680B market cap.
Associated: This Platform Beats Apple and Spotify With 1 Billion Podcast Viewers Every Month
The primary video on YouTube was cofounder Jawed Karim’s “Me at the Zoo“. The 19-second spot of Karim jokingly describing the elephant’s “cool” trunks on the San Diego Zoo launched the corporate to just about in a single day success: A 12 months later, in 2006, Google purchased YouTube for $1.65 billion.
The video has greater than 355,000,000 views.
In the meantime, YouTube is now the No. 2 most visited web site on this planet, per SEMRush, behind Google. Each corporations are at present owned by Alphabet.
Nevertheless, since Google has been dominated a “monopolist” twice in lower than a 12 months (last week and in August 2024) and is again in courtroom this week relating to the DOJ’s request for the tech big to sell its Chrome browser, or different belongings, like YouTube, to treatment, it is unclear if the video big will keep part of Alphabet.
A decide will resolve by August.
