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Google's Billionaire Boys Club Gets a New Member

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mona_moolah added to Tech Stuff 2006

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Chad Hurley emerged Monday as the Internet's latest star, and he has $1.65 billion worth of reasons to show anyone who disagrees. Want proof? Consider how another Internet superstar, Google Inc. co-founder Sergey Brin, seems to... See more » Chad Hurley emerged Monday as the Internet's latest star, and he has $1.65 billion worth of reasons to show anyone who disagrees. Want proof? Consider how another Internet superstar, Google Inc. co-founder Sergey Brin, seems to have found a kindred spirit in the 29-year-old. When Google announced its agreement to buy privately-held YouTube Inc. for $1.65 billion in stock, Brin said Monday that Hurley's startup "reminds me of Google just a few short years ago" in many ways. In a video posted on the top of their home page, YouTube co-founders Hurley and Steve Chen praised the acquisition and said they would focus on improving the site's user experience. Like Brin, Hurley founded his company in his 20s. He left a promising career, at eBay Inc., where he designed the first PayPal logo, to build a company from scratch from his home And just as Brinn's Google changed the way people and businesses use the Internet, so too has Hurley's YouTube, which debuted 19 months ago and has since made watching online videos one of the fastest growing segments of Web behavior. The graduate majoring in fine arts from Indiana University, in Pennsylvania, in 1999 was one of the earliest employees of PayPal, the online payment processor. As PayPal's senior designer, he played an integral role in designing the PayPal feature. His credits include crafting its first user interface as well as the PayPal logo, which are both still in use today. He was also quite a whiz at T-shirts, it turns out. "He helped design the original PayPal T-shirts during his interview at PayPal at 2 a.m. in the morning, back in mid-1999," said Peter Thiel, one of PayPal's co-founders. "They're still pretty classic." After eBay purchased PayPal, Hurley left the company in 2002 to work as a consultant for several technology firms. He also dabbled in Hollywood as a producer; his credits include the comedy "Thank You For Smoking" earlier this year But it was an experience with a digital camera at a party in 2005 that set Hurley on his present-day course to becoming arguably the first bonafide success story among the new generation of Web entrepreneurs set on feeding America's huger for new things to do with their broadband connections. See less »

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