Chad Hurley

Chad Meredith Hurley (born January 1, 1977) is an American co-founder and former Chief Executive Officer of the popular video sharing website YouTube. 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.[1]

Hurley worked in eBay's PayPal division—one of his tasks involved designing the original PayPal logo—[2] before starting YouTube [3] with fellow PayPal colleagues Steve Chen and Jawed Karim.[4]

Hurley was primarily responsible for the tagging and video sharing aspects of YouTube.[5]

Biography

Early years

Chad is the middle 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, Elverson in 1995 and went on to receive his B.A. in Fine Art from Indiana University of Pennsylvania in 1999.[6]

YouTube

Chad Hurley in 2007.

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 Chad Hurley's share in the $1.65B sale of Youtube.com was $345.6M at Google's Feb. 7, 2007 closing stock price of $470.01. He received 694,087 Google shares directly and another 41,232 shares in a trust. His 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 Feb. 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.[7]

Formula 1 (2009–present)

Chad was involved as a major investor with Team US F1, one of the new entrants 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, or sporting director Peter Windsor would comment on the team's failure to make it to the grid. Word has it that Hurley is still trying to get involved with F1 via other teams.[8]

Personal life

Hurley is married to Kathy Clark, daughter of noted Silicon Valley entrepreneur Jim Clark.[9] They have two children.

source : http://en.wikipedia.org/wiki/Chad_Hurley

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