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How did Steve Chen start YouTube?
Chen launched YouTube in early 2005 with former colleagues from online payments company PayPal. Their venture enjoyed instant success and the company was sold to Google in October 2006 in a deal worth $1.65 billion. Chen left Google in 2011 and since has been primarily investing in and advising startups.
How much did Steve Chen make from YouTube?
$1.65 billion
Steve Chen He built YouTube with Karim and Hurley, selling the company to Google in October 2006 for $1.65 billion. Chen received 625,366 Google shares from the acquisition, worth more than $326 million at the time.
Who is the person who invented YouTube?
Jawed Karim
Chad HurleySteve Chen
YouTube/Founders
YouTube, Web site for sharing videos. It was registered on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim, three former employees of the American e-commerce company PayPal.
What did Steve Chen invent?
Born in August 1978 in Taipei, Taiwan, Steve Chen is an American entrepreneur who co-launched the video-sharing website YouTube in 2005. YouTube ranked as the 10th most popular website a year after its launch.
Does Jawed Karim still work for YouTube?
After YouTube, Jawed started his own venture, Youniversity Ventures which is known today as Y Ventures. The company primarily focuses on the internet consumer space and works with students and first-time entrepreneurs.
Where did Steve Chen go to college?
University of Illinois at Urbana-Champaign
River Trails Middle SchoolJohn Hersey High SchoolIllinois Mathematics and Science Academy
Steve Chen/Education
How much did Jawed Karim sold YouTube for?
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.
How old is Steven Chen?
43 years (August 25, 1978)
Steve Chen/Age
What did Steve Chen do to YouTube?
Steve Chen worked as a Chief Technology Officer at YouTube and he continued until it was sold to Google on 16 October 2006 at the high price of $ 1.65 billion. Chen received 625366 shares from Google with an additional 68721 shares. He also got a position in the Trust.
Chen received 625,366 shares in Google and extra 68,721 in trust as the part of the sale. These shares are valued at $729 million in 2018. Steve Chen is an energetic person who does not prefer to stop at one success.
Who is the founder of YouTube?
It was to develop a video streaming platform, and Chen, along with Chad Hurley and Jawed Karim, founded YouTube in 2005. Steve took the position of Chief Technical Officer in the company.
Who is Jason Chen and what did he do?
Just after graduating, Chen landed his first job with industry financial company PayPal. It was this company, where he met his future co-founders Jawed Karim and Chad Hurley. He also spent some time as an early employee at Facebook, but, left the company in few months to focus on his own venture.