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Casey Neistat: Quits Vlogging, Sells His Company for 25 Million, in 1 Week

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Casey Neistat: Quits Vlogging, Sells His Company for 25 Million, in 1 Week Casey Neistat: Quits vlogging, Sells his company for 25 Million, in 1 week Viewers were shocked a year ago after Casey Neistat (Youtuber) announced quitting daily vlogging – not YouTube – after more than 500 daily vlogs in a row. Casey Neistat’s channel had an increase of 5 million subscribers after starting daily vlogs in March 2014, 18 months later, more than a billion views in total and an average of 1.5 – 2.0 million views per vlog. Neistat, a young filmmaker, had explained in his video (linked below) the reason he quits daily vlogging, “I cannot feel challenged anymore” as Casey said in his video. He started vlogging to challenge himself to create daily content, edit and upload every single day. However, everything did came to an end as Casey has found a “systematic way” to create content, edit, then get more than 1.5 million views per video. Shockingly, youtubers like Philip DeFranco and more were surprised due to the end of such a great YouTube career, views and subscribers for the 33 year old filmmaker. Some saw what he did was crazy while the majority respected his decision. Neistat had people asking: What’s next for Youtubers? Since the release of YouTube in the start of the 21st century and the rise of social media, people started working as Youtubers for a full time job. The pay scale for such a job – if you were accepted as a partner – is around 1-3 $ per 1000 views, which is not bad considering you can earn around 60k monthly if your channel is successful and you vlog daily. However, after you reach such digits – it took years for many Youtubers- what do you do next? Where is the exit strategy for young YouTube Entrepreneurs whom would not find a similar opportunity elsewhere for people having this as a full time job? The answer to this question is mostly unknown to most people; nevertheless, the majority works in the media sector as presenters, actors, entertainers in general, whether on TV or live stage performances, while on they give talks on the side. Neistat had also announced that he will still upload videos on his channel “Which are prepared in 2-3 days” whenever he finds something worth filming. On a side note, Neistat uploaded a video prior to the announcement of selling his tech-company “Beme” to CNN for 25 million US $ (according to the Wall Street Journal). Casey told viewers he will be working with CNN – along with 11 Beme Employees- on things “he still don’t know” however, its looks related to news sharing via Beme app and platform while adopting a new media type, moreover, CNN sees the app –and the team specially- worth that money. Beme – release in 2015 wasn’t in social media field, being out taken by Instagram and Snapchat, people would call authentic things – which were the aim of Neistat at the creation of the app – being boring and not interesting enough. Nevertheless, days would judge CNN’s decision. Casey Neistat, high school dropout, filmmaker, Youtuber, Entrepreneur has never failed to surprise us with “Doing More” (arm tattoo); he inspired and still inspires people worldwide with his videos and way of thinking. Tries always to go beyond the norm, create, innovate and inspire youngsters with a positive spirit and dedication. A partnership with CNN seems to be Casey’s next “BIG THING”, LET’S see what he’ll do. Written by: Youssef Mokhtar .
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