The Info List - Chad Hurley

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CHAD MEREDITH HURLEY (born January 24, 1977) is an American co-founder and former CEO of the popular video-sharing website YouTube and 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
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.


* 1 Personal life * 2 YouTube
* 3 MixBit * 4 Formula One
Formula One
* 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 school.

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
Chad Hurley
in 2007.

Hurley founded YouTube
in 2005 with Steve Chen
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
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
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
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 Magazine. * ^ " Google
Has Acquired YouTube".