share
Steve Chen Life & Family, American - 𝐒𝐭𝐞𝐯𝐞 𝐂𝐡𝐞𝐧 Biography
0.0 based on 0 votes
Park Ji-hyun (Jamie Chen)
Steven Shih
University Of IllinoisUniversity of Illinois at Urbana–ChampaignJohn Hersey High SchoolIllinois Mathematics and Science Academy
University Of Illinois
AVOS SystemsYouTube
Taipei
170
Male
$300 million as of Apr 7,2017
Leo
Taipei
Show more

Who is Steve Chen?

undefined - Steve ChenSteve Chen

Steven Chen is an American internet entrepreneur, best known as a co-founder of YouTube. Though his is not a household name, his innovations have permanently changed the way that we communicate. In the ten years since the creation of YouTube and its subsequent popularity, his creation has revolutionized the viral video model, making it easier for us to document and share parts of our lives with people all over the world. Never one to linger past his time, Chen left YouTube after it was sold to Google. He later went on to co-found AVOS Systems, Inc. and create ‘MixBit’, a video-sharing app. His work on the cutting edge of technology keeps him relevant a decade after he came onto the scene, and he has been noted as one to watch in the technological field by many sources. He is known for his secrecy in regards to his upcoming projects, as well as for being finance savvy, a reason that made him a multimillionaire. However, Chen does not just sit on his wealth; he uses his keen eye to reinvest his earnings, and also makes donations to charities and other organizations of his choice. He currently lives in San Francisco, California and works with Google Ventures to find and fund the next generation of technological innovations.

Show more

Steve Chen Childhood & Early Life

Steven Shih Chen was born on 18th August 1978, in Taipei, Taiwan. He and his family immigrated to the United States in 1993, and settled in Illinois.

After graduating from ‘Illinois Mathematics and Science Academy’, where he finished high school, he attended the ‘University of Illinois at Urbana- Champaign’. He graduated in 2002 with a degree in computer science.

Steve Chen Career

Chen worked at ‘PayPal’ when he met Chad Hurley and Jawed Karim, the other two founders of ‘YouTube’. He then moved from ‘PayPal’ to work for ‘Facebook’, which he quit several months after to found ‘YouTube’.

In 2005, he and the other two co-founders launched ‘YouTube’ and Chen held the position of Chief Technology Officer. The site grew rapidly, and within months they announced that they were receiving 100 million video views every day, and that 65,000 new videos were uploaded per day.

In 2006, the site was ranked as the 10th most popular website. That June, they entered into a marketing partnership with NBC. They sold the company that year to Google for the price of $1.65 billion dollar in stock.

Chen started another internet company, ‘AVOS Systems, Inc.’, with Chad Hurley and Vijay Karunamurthy. In April 2011, AVOS purchased ‘Delicious’, a social bookmarking website, from ‘Yahoo’.

In May 2011 they purchased ‘Tap 11’, a social analytics company; however, they sold Tap 11 last year. AVOS’ sole focus as a company right now is ‘MixBit’, an app that allows you to create and share short videos. It is in direct competition with ‘Instagram’ and ‘Vine’.

In 2014, he joined ‘Google Ventures’, a subsidiary of Google which provides funding to technology companies in all stages of development. They invest in startups from a variety of fields, from computer software to healthcare.

Steve Chen Major Works

Chen is best known for the creation of ‘YouTube’ in 2005. After receiving a startup investment from Sequoia Capital to the tune of $11.5 million the founding team offered a beta test to the public in May, and officially launched the site in November.

After their incredible growth, Chen and his partners sold the company. Chen received 625,366 shares of Google, which were reported to be worth $326 million, and an additional 68,721 in trust.

‘YouTube’ is currently the major provider of online video in the United States, and is ranked third behind Google and Facebook as one of the most visited sites on the web.

Steve Chen Awards & Achievements

In 2005, Chen was named one of the “50 People Who Matter Now” in business by the magazine Business 2.0. He and his partner were praised for their humility and for revolutionizing the video sharing industry with the viral video model.

In 2008, he and Hurley were recognized by the ‘Producer’s Guild of America’. They received the ‘Vanguard Award’, which is given to those who have outstanding achievements in new media and technology formats.

Steve Chen Personal Life & Legacy

Chen is married to Park Ji-hyun (now Jamie Chen), a product marketing manager for Google Korea. The couple exchanged the wedding vows in 2009 and welcomed their son a year later.

Steve Chen Net Worth

Chen’s net worth is currently estimated at $300 million dollars. It is expected to increase as his technological investments increase.

Steve Chen Trivia

This famous internet entrepreneur’s wife Jamie is a trustee of the ‘Asian Art Museum of San Francisco’. They provide a huge amount of support to the institution.

Show more

Steve Chen awards

  • Other

    • PGA Vanguard Award
Show more

Steve Chen biography timelines

  • Steven Shih Chen was born on 18th August 1978, in Taipei, Taiwan. He and his family immigrated to the United States in 1993, and settled in Illinois.
    18th Aug 1978 To 1993
  • After graduating from ‘Illinois Mathematics and Science Academy’, where he finished high school, he attended the ‘University of Illinois at Urbana- Champaign’. He graduated in 2002 with a degree in computer science.
    2002
  • In 2005, he and the other two co-founders launched ‘YouTube’ and Chen held the position of Chief Technology Officer. The site grew rapidly, and within months they announced that they were receiving 100 million video views every day, and that 65,000 new videos were uploaded per day.
    2005
  • Chen is best known for the creation of ‘YouTube’ in 2005. After receiving a startup investment from Sequoia Capital to the tune of $11.5 million the founding team offered a beta test to the public in May, and officially launched the site in November.
    2005
  • In 2005, Chen was named one of the “50 People Who Matter Now” in business by the magazine Business 2.0. He and his partner were praised for their humility and for revolutionizing the video sharing industry with the viral video model.
    2005
  • In 2006, the site was ranked as the 10th most popular website. That June, they entered into a marketing partnership with NBC. They sold the company that year to Google for the price of $1.65 billion dollar in stock.
    2006
  • In 2008, he and Hurley were recognized by the ‘Producer’s Guild of America’. They received the ‘Vanguard Award’, which is given to those who have outstanding achievements in new media and technology formats.
    2008
  • Chen is married to Park Ji-hyun (now Jamie Chen), a product marketing manager for Google Korea. The couple exchanged the wedding vows in 2009 and welcomed their son a year later.
    2009
  • Chen started another internet company, ‘AVOS Systems, Inc.’, with Chad Hurley and Vijay Karunamurthy. In April 2011, AVOS purchased ‘Delicious’, a social bookmarking website, from ‘Yahoo’.
    Apr 2011
  • In May 2011 they purchased ‘Tap 11’, a social analytics company; however, they sold Tap 11 last year. AVOS’ sole focus as a company right now is ‘MixBit’, an app that allows you to create and share short videos. It is in direct competition with ‘Instagram’ and ‘Vine’.
    May 2011
  • In 2014, he joined ‘Google Ventures’, a subsidiary of Google which provides funding to technology companies in all stages of development. They invest in startups from a variety of fields, from computer software to healthcare.
    2014
Show more

Frequently asked questions about Steve Chen

  • What is Steve Chen birthday?

    Steve Chen was born at August 18, 1978

  • Where is Steve Chen's birth place?

    Steve Chen was born in Taipei

  • What is Steve Chen nationalities?

    Steve Chen's nationalities is American

  • Who is Steve Chen spouses?

    Steve Chen's spouses is Park Ji-hyun (Jamie Chen)

  • What was Steve Chen universities?

    Steve Chen studied at University Of Illinois, University of Illinois at Urbana–Champaign, John Hersey High School, Illinois Mathematics and Science Academy university

  • What was Steve Chen notable alumnis?

    Steve Chen's notable alumnis is University Of Illinois

  • Which company or organization was founded by Steve Chen?

    Steve Chen was the founder/co-founder of AVOS Systems, YouTube

  • How tall is Steve Chen?

    Steve Chen's height is 170

  • What is Steve Chen's sun sign?

    Steve Chen is Leo