CHAD MEREDITH HURLEY (born January 24, 1977) is an American
co-founder and former CEO of the popular video-sharing website YouTube
MixBit . In June 2006, he was voted 28th on
Business 2.0 's "50
People Who Matter Now" list. In 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
Jawed Karim . Hurley was primarily responsible for the
tagging and video-sharing aspects of YouTube.
* 1 Personal life
* 5 Investments
* 6 References
* 7 External links
Hurley was born in
Reading, Pennsylvania , the second child of Don
and Joann Hurley, and grew up near
Birdsboro, Pennsylvania . He has
two siblings, an older sister, Heather, and a younger brother, Brent.
Since childhood, Chad showed extreme interest in the arts, but then
later became interested in computers and electronic media during high
He was a stand-out 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 member of the Technology Student
Association during high school. He graduated from Twin Valley High
School (Pennsylvania) , Elverson in 1995 and went on to receive his
B.A. in Fine Art from
Indiana University of Pennsylvania in 1999.
By his marriage to Kathy Clark, Hurley is the son-in-law of the
legendary Silicon Valley entrepreneur
James H. Clark .
Chad Hurley in 2007.
YouTube in 2005 with
Steve Chen and
Jawed Karim . On
October 16, 2006, Chen and Hurley sold
Google Inc. for
$1.65 billion. It was reported in the
Wall Street Journal
Wall Street Journal that Chad
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.
In August 2013, Chen and Hurley launched another company called
MixBit which does video editing using smart phones.
Chad 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. It is rumored
that Hurley is still trying to get involved with F1 via other teams.
Hurley has made several investments. He is a part-owner of the NBA 's
Golden State Warriors and the MLS '
Los Angeles Football Club .
* ^ A B "
YouTube Founders Launch New Video-Sharing App MixBit". PC
* ^ "
Google Has Acquired YouTube".