1. YouTube was founded in 2005 by Chad Hurley, Steve Chen, and Jawed Karim after the trio uploaded a video to the website. 2. It grew rapidly and was acquired by Google in 2006 for $1.65 billion in Google stock. 3. YouTube is now the second most visited website globally and allows users to upload, view, rate, share, add to playlists, report, and comment on videos.