See How This Twin Valley Grad Co-Created the Second-Most-Visited Website in the World
Twin Valley High School graduate Chad Hurley left PayPal in the early 2000s to start a new video-streaming website with no guarantee of success, writes Avery Hartmans for Business Insider.
That is something both he and his co-creators Jawed Karim and Steve Chen made sure to tell every new recruit. They promised them nothing beyond “one heck of a ride.”
The trio, along with their small group of employees, initially worked from Hurley’s garage at his then-home in Menlo Park, California.
As their platform continued to grow, YouTube officially incorporated and moved into an office.
Hurley, who graduated from Indiana University of Pennsylvania, served as YouTube’s first CEO. When the company was acquired by Google in 2006 for $1.65 billion, he remained in that position.
In the sale, Hurley received 694,087 shares, along with another 41,232 in a trust. At the time, the value of the shares was $345 million.
Hurley left Google in 2011. He started AVOS Systems with Chen, which later became Hurley’s company, MixBit.
Today, he is also an investor and the co-founder of GreenPark Sports, a digital sports company that dubs itself as “the first mobile proving ground for sports fans.”
Read more about Chad Hurley at Business Insider.
Check out this video from CBC News about Chad Hurley and how he co-founded YouTube, then sold it for billions.
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