YouTube Cofounders Break Up the Band After Second Act Flops

Nitasha Tiku · 06/06/14 01:50PM

YouTube cofounders Chad Hurley and Steve Chen are parting ways. The duo worked together for 15 years, starting at PayPal, then got $1.65 billion from Google. But faced a series of missteps at their incubator Avos Systems. Now Hurley is cutting his losses and focusing on just one Avos product, MixBit, and Chen is joining Google Ventures as an entrepreneur-in-residence.

YouTube Creator's New Baby Is Self-Destructing

Sam Biddle · 02/04/14 05:16PM

One success never guarantees another: Chad Hurley, who helped bring the world YouTube, is bombing once again. His video-sharing service MixBit is dead following legal threats by Kanye West, and the parent company, Avos, is firing almost everyone. Updated:

YouTube Creators Kill Off Another Failed Side Project

Sam Biddle · 10/24/13 01:10PM

After Chad Hurley and Steve Chen invented YouTube, they walked away with a bundle of cash and got to work making new websites. Unfortunately, these websites were the exact opposite of YouTube, in that no one wants to use them—now another is headed to the junk pile.

The Guys Who Made YouTube Are Striking Out

Sam Biddle · 05/10/13 10:05AM

YouTube made Chad Hurley and Steve Chen rich as Saudi kings after they sold it off to Google. They had the chance (and money!) to build anything they wanted—and they did, a brand new company called AVOS Systems. Two years later, and it seems the YouTube duo were a one hit wonder.