Jawed Karim (Bengali: ; born October 28, 1979) is a Bangladeshi and German-born American software engineer and Internet entrepreneur.
He is one of YouTubes co-founders and the sites first video uploader. As of January 8, 2022, this first video, named Me at the Zoo and published on April 23, 2005, had been seen over 218 million times.
Karim built many of the key components of PayPals real-time anti-Internet-fraud system while working there, where he met fellow YouTube co-founders Steven Chen and Chad Hurley.
What is Karim Jaweds net worth?
Jawed Karim has a $300 million net worth as an internet entrepreneur. Jawed Karim is best known as one of the co-founders of YouTube. Jawed formed a venture capital firm after the sale of YouTube to Google, which has made a number of early and successful investments. Jawed was one of Airbnbs earliest outside investors, investing in the companys initial seed round in April 2009.
Chad Hurley and Steve Chen were two of Jaweds PayPal coworkers.
eBay paid $1.5 billion in cash for PayPal in August 2002. Jawed profited handsomely from the transaction. His PayPal superiors, future billionaires Elon Musk and Peter Thiel, gained $175 million and $60 million, respectively, from the sale.
Jawed, Chad, and Steve all left PayPal in early 2005. They started meeting at Maxs Opera Cafe, a neighborhood coffee shop/deli, to develop company ideas.
According to tradition, Jawed proposed the concept of a website where individuals could submit and share videos.
Jawed Karim was born in Merseburg, East Germany, on October 28, 1979, to a Bangladeshi father and a German mother. His father, Naimul Karim (Bengali: ), is a Muslim Bangladeshi researcher at 3M, and his mother, Christine, is a German biochemist at the University of Minnesota.
He was the eldest of two brothers. Growing raised in Neuss, West Germany, he crossed the inner German border with his family in the early 1980s due to bigotry. Karim moved to Saint Paul, Minnesota, with his family in 1992, after experiencing bigotry there as well.
He attended the University of Illinois at Urbana-Champaign after graduating from Saint Paul Central High School in 1997. He left university before graduating to work for PayPal, but he resumed his studies and earned his bachelors degree in computer science.
Following that, he received a masters degree in computer science from Stanford University. Jawed also speaks German and Bengali in addition to English.
Karim co-founded Youniversity Ventures (now known as YVentures) with partners Keith Rabois and Kevin Hartz in March 2008. Karim was an early investor in Airbnb, investing in the companys seed round in April 2009. Palantir, Reddit, and Eventbrite are among Y Ventures other investments.
Response To YouTube
Karim has modified the video description of Me at the Zoo three times to protest YouTube decisions.
YouTube began requiring commenting on its videos to be done through a Google+ account on November 6, 2013, a decision that was severely panned by the YouTube community. Over 240,000 people signed an online petition to reverse the change.
Karim altered the video description of his first video titled Me at the Zoo to I cant comment here anymore, since I dont want a Google+ account in response to Google requiring YouTube subscribers to utilize Google+ for its comment system.
Google has apologized for forcing Google+ users to use their real identities, which was one of the reasons the Google+ integration proved controversial with YouTube viewers, in response to community demand.
Following that, Google removed the Google+ requirement from all of its products, starting with YouTube. Google said in October 2018 that it would be permanently shutting down Google+ due to a vulnerability and a lack of user or developer acceptance. On April 2, 2019, Google+ closed its doors to personal accounts.
Heres the Youtube Video By Jawed Karim
Jawed modified the description of Me at the Zoo in November 2021 to include Its probably a bad idea when every YouTuber thinks that eliminating dislikes is a bad idea. Please try again, YouTube . Karim amended the explanation a few days later with a more comprehensive critique of YouTubes action.
Sale on Google
Jawed chose to leave YouTube shortly after co-founding it in order to attend Stanford University for graduate study. As a result, in comparison to his co-founders, he accepted a reduced equity interest. Chad Hurley and Steve Chen went on to create the world-changing media empire that we are all familiar with and utilize today.
By the time YouTube was sold to Google in October 2006, Jawed still held a major portion of the firm despite quitting. YouTube was purchased by Google for $1.65 billion in stock.
On the day the sale closed, Jawed received 137,443 Google shares worth $64 million. Those shares are now worth more than $350 million, pre-tax, thanks to Googles sustained success and rising stock price provided he hasnt sold any.
On the day the sale ended, Steve Chen and Chad Hurley each received around 700,000 Google shares, valued at $345 million each. If no shares were ever sold, those shares would be valued little under $2 billion today.