YouTube's Co-Founder Is Going Offline
YouTube cofounders Chad Hurley, 29, left, and Steven Chen, 27, pose for a photo with their laptops at their office loft in a San Mateo, Calif. Hurley is now 33. (AP Photo/Tony Avelar, File)
Updated at 4:30 PM PDT on Friday, Oct 29, 2010
One of the two people in the world who has actually made money off of YouTube is leaving the video-sharing site.
YouTube co-founder Chad Hurley announced Friday that he is leaving the company he sold to Google for $1.65 billion just as the company is starting to stare probitability in the face.
Despite selling the site to Google in 2006, Hurley stayed on at YouTube to help guide its future.
The transition team to take over the healm has been for months. Salar Kamangar has already been running YouTube on a daily past for two years and he will take over the CEO title.
Hurly will remain an adviser to YouTube.
Published at 4:27 PM PDT on Oct 29, 2010