Gyula Fehér, CTO and founder of Ustream, gave a presentation about the company at Stanford Engineering School. Ustream is a live video platform that has had over 2 billion hours viewed and 80 million users. It was founded in 2006 and is now used widely for events, news coverage, and broadcasting. The company has grown to 80 employees with offices in several countries including its largest office in Budapest, Hungary. Fehér discussed Ustream's business model evolution, market opportunities in online video, and the startup culture and ecosystem in Budapest.