The famous American internet entrepreneur and technocrat is a co-founder of the popular video-blogging site ‘YouTube’
Steve Chen
@Entrepreneurs, Family and Life
Aug 18, 1978
Biography
Personal Details
- Birthday: August 18, 1978
- Nationality: American
- Famous: Entrepreneurs, Software Entrepreneurs, it, Millionaires, University Of Illinois, Business People, IT & Software Entrepreneurs
- Spouses: Park Ji-hyun (Jamie Chen)
- Known as: Steven Shih
- Universities:
- University Of Illinois
- University of Illinois at Urbana–Champaign
- John Hersey High School
- Illinois Mathematics and Science Academy
- Notable Alumnis:
- University Of Illinois
Steve Chen born at
Taipei
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Birth Place
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.
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Personal 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.
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Childhood & Early Life
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.
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Childhood & Early Life
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’.
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Career
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.
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Career
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.
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Career
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’.
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Career
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’.
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Career
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.
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Major Works
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.
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Major Works
‘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.
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Major Works