Passage: Before YouTube changed the way videos were hosted on the web, the first Internet video hosting site was shareyourworld.com. Just like the modern hosting services, it allowed users to upload clips or full videos in different file formats. It was founded in 1997 by Chase Norlin and it ran till 2001 where it closed due to budget and bandwidth problems.

Question: Why was shareyourworld.com shut down?
budget and bandwidth problems