Steve Chen

Steven Shih Chen (Chinese: 陳士駿; pinyin: Chén Shìjùn; born August 25, 1978) is a Taiwanese-American Internet entrepreneur who is one of the cofounders and previous chief technology officer of the video-sharing website YouTube. After having cofounded the company AVOS Systems, Inc. and built the video-sharing app MixBit,[1] he joined Google Ventures in 2014.[2] In March 2019 he became advisor to Theta, a new peer to peer video streaming network that uses blockchain technology. [3][4]

For other people named Steven Chen, see Steven Chen (disambiguation).
In this Chinese name, the family name is Chen.
Steve Chen
陳士駿
Chen in June 2007
Born (1978-08-25) August 25, 1978
Taipei, Taiwan
Alma materUniversity of Illinois at Urbana-Champaign
OccupationCofounder of AVOS
Known forCofounder of YouTube
Spouse(s)Park Ji-hyun (Jamie Chen)
Children2

Early years and education

Chen was born in Taipei, Taiwan. When he was eight years old, he and his family immigrated to the United States[5] and settled in Prospect Heights, Illinois.[6] He went to River Trails Middle School in Mount Prospect for his middle school education and John Hersey High School in Arlington Heights for his freshman year of high school. For his final three years of high school, he attended the Illinois Mathematics and Science Academy in Aurora, Illinois. However, he did not graduate from IMSA. At the University of Illinois at Urbana-Champaign, he studied computer science. He graduated in 2002.[7]

Business career
Chen (middle) with YouTube cofounder Chad Hurley at the 2007 All Things Digital conference

Chen was an employee at PayPal, where he first met Chad Hurley and Jawed Karim. Chen was also an early employee at Facebook, although he left after several months to start YouTube.[8]

In 2005, Chad Hurley, Jawed Karim and Chen founded YouTube, with Chen having the position of chief technology officer. In June 2006, Chen was named by Business 2.0 as one of "The 50 people who matter now" in business.[9]

On October 16, 2006, Chen and Hurley sold YouTube to Google, Inc. for $1.65 billion. Chen received 625,366 shares of Google and an additional 68,721 in a trust as part of the sale. As of February 2021, the Google shares are valued at almost $1.29 billion.[10]

He and Hurley started AVOS Systems, which acquired Delicious from Yahoo! Inc.

Chen was listed as one of the 15 Asian Scientists To Watch by Asian Scientist Magazine on 15 May 2011.[11]

Chen started the live streaming food network Nom.com in 2016 along with Vijay Karunamurthy.[12] In 2017, Nom.com was shut down, with its Twitter feed switched to private and Facebook account left idle since March, 2017.[13]

Awards

Chen was inducted as a Laureate of The Lincoln Academy of Illinois and awarded the Order of Lincoln (the State's highest honor) by the Governor of Illinois in 2018.[14]

Personal life

Chen married Park Ji-hyun, who is now Jamie Chen, a Google Korea product marketing manager, in 2009. They live in San Francisco with their two children. One son was born in July 2010.[15] The Chens are major supporters of the Asian Art Museum of San Francisco, where Jamie was appointed a trustee in July 2012.[16][17]

See also

References
  1. "YouTube Founders Launch New Video-Sharing App MixBit". PC Magazine.
  2. Crook, Jordan (June 6, 2014). "YouTube Co-Founders Split As Hurley Spins Out MixBit And Chen Joins Google Ventures". TechCrunch. Retrieved January 30, 2020.
  3. https://coinmarketcap.com/currencies/theta/
  4. https://www.thetatoken.org/
  5. "Steve Chen Archives > The Immigrant Learning Center".
  6. Rowell, Rebecca (2011-01-01). YouTube: The Company and Its Founders. ABDO. ISBN 978-1-61714-813-2.
  7. "Steve Chen Profile | University of Illinois 150 Years". uofi150.news-gazette.com. Retrieved 2019-10-04.
  8. Heath, Alex; Shontell, Alyson (February 1, 2012). "Facebook's First 20 Employees: Where Are They Now?". Business Insider. Retrieved April 10, 2012.
  9. Staff, Business 2.0 (June 21, 2006). "The 50 people who matter now". CNN.
  10. Helft, Miguel (7 February 2007). "YouTube's Payoff: Hundreds of Millions for the Founders". The New York Times.
  11. "The Ultimate List Of 15 Asian Scientists To Watch – Steve Chen". AsianScientist.com. May 15, 2011. Retrieved June 6, 2011.
  12. Lunden, Ingrid (March 9, 2016). "Nom.com, a foodie-focused live video network from YouTube's Steve Chen, launches with $4.7M". TechCrunch. Retrieved 2018-04-24.
  13. O'Brien, Chris (April 18, 2018). "YouTube cofounder Steve Chen's foodie livestream network Nom.com has shut down". VentureBeat. Retrieved 2018-04-24.
  14. "2018 Laureates Announced". The Lincoln Academy of Illinois. Retrieved May 31, 2018.
  15. "YouTube Founder Married Korean Woman". The Chosunilbo. January 19, 2012. Retrieved January 30, 2020.
  16. "Asian Art Museum". www.asianart.org.
  17. "Asian Art Museum Appoints Seven New Trustees" (PDF).
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