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.

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.