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We would like to show you a description here but the site won’ t allow us. Those Damn Micro Transactions Get You Every Time. There' s an extra minute of the video but it' ll cost you $ 1. YouTube was founded by Chad Hurley, Steve Chen, and Jawed Karim, who were all early employees of PayPal. Hurley had studied design at Indiana University of Pennsylvania, and Chen and Karim studied computer science together at the University of Illinois at Urbana– Champaign.