YouTube Co-Founders Break Up As Chad Hurley Spins Out His Own Company And Steve Chen Joins Google Ventures
Consider this the end of an era. After 15 years of working together, first at PayPal and then at YouTube and most recently at incubator Avos Systems, YouTube co-founders Chad Hurley and Steve Chen are headed in different directions.“We won’t be fine,” Chen said with a smile. “Actually, it was a very personal and difficult decision to make, but with the decision to turn Avos into MixBit it became pretty clear. MixBit was Chad’s idea before we started Avos and even at YouTube, and if I feel driven to work on other projects, then I’m just getting in the way of MixBit and the team.” That said, the duo seems excited about the new opportunities ahead. “I can always stop by Steve’s and steal some food every once in a while,” Hurley said.
“YouTube Co-Founders Break Up As Chad Hurley Spins Out His Own Company And Steve Chen Joins Google Ventures” is categorized as “science and technology”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.