November 13, 2006: Google Completes YouTube Acquisition
1113, acquisition, aggregator, aquisition, day in tech history, february 14, february 2005, first web, founders, Google, make money fast, new york times, Podcast, technology history, tim bernes lee, walled garden, web page
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2006 – In February 14, 2005, 3 former Paypal employees started a website that let you upload and share your video. YouTube brought a new idea of putting your creations on the internet. However, their creation got very popular. It cost a lot of money to run and the company couldn’t keep up with costs. Enter: Google. They purchased the site from the founders for $1.65 billion on October 9. Today marked the completion of this acquisition.
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