Chad Hurley Biography
Chad Hurley is an American media mogul, co-founder and former CEO of the video-sharing websites YouTubeand MixBit. In June 2006, he was voted 28th on Business 2.0’s “50 People Who Matter Now” list. On October 2006, he and Steve Chen sold YouTube for $1.65 billion to Google.
Hurley worked in eBay’s PayPal division one of his tasks involved designing the original PayPal logo before starting YouTube with fellow PayPal colleagues Steve Chen and Jawed Karim. Hurley was primarily responsible for the tagging and video sharing aspects of YouTube.
Chad Hurley Age
Chad Hurley was born on 24 January 1977 in Reading, Pennsylvania, United States. He is 42 years old as of 2019.
Chad Hurley Net worth
Chad Hurley is an American media mogul, co-founder and former CEO of the video-sharing website YouTube and MixBit who has an estimated net worth of $ 500,000 million dollars as of 2019. Chad Hurley earns a total salary of $ 4.5 million dollars.
Chad Hurley Family
Chad Hurley was born in Reading, Pennsylvania, the United States to Don Hurley (father) and Joann Hurley (mother) Chad Hurley has two siblings a brother and a sister Brent Hurley (brother). He is the second child in his family.
Chad is the youngest child of three elder siblings. At his tender age, he showed a keen interest in the field of arts. Chad joined Technology Student Association at the Twin Valley High School.
Chad Hurley Education
Chad Hurley graduated from Twin Valley High School, Elverson in 1995 and then went on and received his B.A. degree in Fine Art from the Indiana University of Pennsylvania in 1999.
He was a standout runner for Twin Valley High School’s cross-country program, which won two of its PIAA State titles with him as a member in 1992 and 1994.
He was also a member of the Technology Student Association during high school. Since childhood, Hurley showed interest in the arts and became interested in computers and electronic media during high school.
Chad Hurley Wife
Chad Hurley is married to Kathy Clark in 2000.
Chad Hurley YouTube
Hurley founded YouTube in 2005 with Steve Chen and Jawed Karim. On October 16, 2006, Chen and Hurley sold YouTube to Google Inc. for $1.65 billion.
It was reported in the Wall Street Journal that Hurley’s share was $345.6M at Google’s February 7, 2007 closing stock price of $470.01. He received 694,087 Google shares directly and another 41,232 shares in a trust.
YouTube’s other two co-founders, Steve Chen and Jawed Karim, received 625,366 shares and 137,443 shares, respectively valued at $326.2M and $64.6M. The Journal‘s report was based on Google’s registration statement with SEC filed on February 7, 2007.
Hurley stepped down as CEO of YouTube in October 2010 and stated he would stay on as an advisor of YouTube, allowing Salar Kamangar to take over the CEO position.
Chad Hurley MixBit
On August 2013, Chad Hurley launched another company called MixBit which does video editing using smartphones. According to Steve Chen, it was Chad’s idea to turn Avos into MixBit even before the inception of YouTube.
The App resembles other famous short-video recording smartphone apps such as; Vine, Instagram, and Vyclone. Its limit of recording stretches up to 256 clips, each clip can be maximum 16 seconds long.
It also features the editing tools similar to its other competitor apps. Mixbit now Zeen was acquired by BlueJeans in August 2018. Chad Hurley embraced the Technology world when he joined PayPal and eBay community. It was here that he designed the said company’s logos to the latter.
He rose to fame when he founded the video-sharing glut-YouTube.com. He partnered with Steve Chen with whom he met at PayPal. If you didn’t know, he is the brainpower behind the sharing and tagging on YouTube.
Chad Hurley Formula One
Chad Hurley was involved as a major investor with US F1 Team, one of the new entrants in Formula One automobile racing for the 2010 season.
On March 2, 2010, the team’s personnel were dismissed from their duties and the team was unofficially shut down. Neither Hurley, team principal Ken Anderson nor sporting director Peter Windsor would comment on the team’s failure to make it to the grid.
When Chad Hurley joined hands with his ex-Paypal colleague Steve Chen to create the video-sharing site called YouTube, little must he have thought he was in the process of revolutionizing the way people viewed online content. YouTube went on to become the second-largest search engine in the world after Google. And history was made when it was acquired by Google for a mind-boggling $1.65 billion in October 2006
Chad Hurley Investments
Chad Hurley has made several investments. He is a part-owner of the NBA’s Golden State Warriors and the MLS’ Los Angeles Football Club.
Chad Hurley Award
- PGA Vanguard Award
Chad Hurley and Steven Chen
The National Academy of Television Arts & Sciences announced March 14, 2019 that Chad Hurley and Steven Shih Chen will receive the Emmy® Award for Lifetime Achievement at the 70th Annual Technology & Engineering Emmy Awards taking place at the Wynn Encore Resort & Spa in Las Vegas, Nevada on Sunday, April 7th, 2019 in cooperation with NAB Show.
Former PayPal employees-Chad Hurley and Steve Shih Chen created the service on February 2005. Google bought the site in November 2006; YouTube now operates as one of Google’s subsidiaries.
The total number of people who use YouTube 1,300,000,000. 300 hours of video are uploaded to YouTube every minute. Almost 5 billion videos are watched on YouTube every single day.
“The success of YouTube and the way it has revolutionized the way the average consumer can view, create and engage with an audience of millions is extraordinary,” said Adam Sharp, President & CEO, NATAS.
“Hurley and Chen are a testament to the story of the American technology entrepreneur who imagines something and through hard work and perseverance makes that dream a reality, not only creating a new method of media distribution for a wide audience but enabling the true democratization of television.”
“YouTube is one of this generation’s masterpieces of scale and simplicity,” said NATAS Technology & Engineering Committee Chairman Emeritus, Charles Jablonski.
“It succeeded because of the extraordinary work it took to make the site easy to use, fast and capable of never-thought of amounts of video. Television now has the ability to create, store, and distribute material without the need for an intermediate party to gate-keep material to consumers.”
Chad Hurley Facebook
Chad Hurley Internet Entrepreneur
Chad Meredith Hurley is an American media tycoon and entrepreneur who co-founded the popular video-sharing website ‘YouTube’ and served as its CEO. He was also the CEO and one of the co-founders of the video-sharing service ‘MixBit.’
He joined ‘eBay’s ‘PayPal’ division after college and focused mainly on its user interface. He was involved in designing the original logo of ‘PayPal’ and later collaborated with fellow colleagues of the company, Steve Chen and Jawed Karim, to create the video-sharing website ‘YouTube’ in February 2005.
Hurley became the first CEO of ‘YouTube’ and mainly looked after the tagging and the video-sharing aspects of the website. He was ranked 28th on ‘Business 2.0’s list of “50 People Who Matter Now” in June 2006.
A few months later, ‘Google’ shelled out US$1.65 billion to acquire ‘YouTube.’ The site currently operates as a subsidiary of ‘Google.’ Hurley remained the CEO of ‘YouTube’ till October 2010 and later collaborated with Steve Chen to launch the video-sharing service ‘MixBit’ in August 2013.
‘MixBit’ is presently known as ‘Zeen’ and was acquired by ‘BlueJeans’ in August 2018. He is also one of the co-owners of ‘Major League Soccer’s (MLS) ‘Los Angeles Football Club’ and the ‘National Basketball Association’s (NBA) ‘Golden State Warriors.’
Chad Hurley Twitter
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