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Chad Hurley | |
|---|---|
.jpg) Hurley in 2010 | |
| Born | (1977-01-24)January 24, 1977 (age 49) Reading, Pennsylvania, U.S. |
| Alma mater | Indiana University of Pennsylvania (BA) |
| Occupations | Webmaster Businessman |
| Known for | Co-founder ofYouTube andAVOS |
| Successor | Salar Kamangar (as CEO of YouTube) |
| Spouse(s) | |
Chad Meredith Hurley (born January 24, 1977) is an American webmaster and businessman who served as the chief executive officer (CEO) ofYouTube from its founding until 2010, when he became an advisor to the company. He also co-foundedMixBit, a since closed video sharing service.[1] In October 2006, he andSteve Chen sold YouTube for $1.65 billion toGoogle.[2] Hurley worked ineBay'sPayPal division, where one of his tasks involved designing the original PayPal logo,[3] before co-founding YouTube[4] with fellowPayPal employeesSteve Chen andJawed Karim.[5] Hurley was primarily responsible for thetagging and video-sharing aspects of YouTube.[6]
Hurley was born inReading, Pennsylvania, the second child of Don and Joann Hurley, and grew up nearBirdsboro, Pennsylvania.[7] He has an older sister, Heather, and a younger brother, Brent.[8]
Since childhood, Hurley showed interest in the arts, and became interested in computers and electronic media during high school.[9] 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 theTechnology Student Association during high school. He graduated fromTwin Valley High School in 1995 and earned aBA inFine Art fromIndiana University of Pennsylvania in 1999.[10]
Hurley founded YouTube in 2005 withSteve Chen andJawed Karim. On October 9, 2006, Chen and Hurley sold YouTube toGoogle Inc. (nowAlphabet) for $1.65 billion. It was reported inThe 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.[citation needed]
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. TheJournal's report was based on Google's registration statement withSEC filed on February 7, 2007.
Hurley resigned as CEO of YouTube in October 2010, but stated he would remain as an advisor of YouTube.Salar Kamangar was appointed to the CEO position following Hurley's resignation.[11]
In August 2013, Hurley launched another company calledMixBit, which provided video editing while using smartphones.[1] According to Steve Chen, it was Hurley's idea to turn Avos into MixBit even before the inception of YouTube.[12]
The app resembles other short-video recording smartphone apps such asVine,Instagram andVyclone. Its limit of recording stretches up to 256 clips, and each clip can be maximum 16 seconds long. It also features the editing tools similar to its other competitor apps.[13]
Hurley was involved as a major investor withUS F1 Team, one of the new entrants inFormula 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.[14]
Hurley has made several investments. He is a minority owner of theNBA'sGolden State Warriors and theMLS'Los Angeles Football Club.[15]
On the January 25, 2021, Hurley announced onTwitter that he had become an investor atLeeds United, the EnglishPremier League football club.[16][17]
Hurley was formerly married to Kathy Clark, the daughter ofSilicon Valley entrepreneurJames H. Clark.[18] They divorced in 2012.[19] Hurley remarried in 2020 to Elise Walden.[20]
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