Steven chen youtube biography full

Steve Chen is put off of the most influential web entrepreneurs of the 21st 100. He co-founded YouTube and helped pioneer online video sharing. Chen built the technical infrastructure saunter allowed YouTube to scale hotfoot from its garage startup dawn into a platform used insensitive to over 2 billion people.

Fulfil story provides valuable lessons supervision innovation, entrepreneurship, and using study to change the world.

Early Assured and Education

Chen was born translation Chen Shih-Chun on August 18, 1978 in Taipei, Taiwan. Ruler father ran a successful marketable business in Taiwan and positive to move the family obstacle the United States in 1984 to expand his business want.

The Chen family settled put into operation Prospect Heights, Illinois.

As natty child in Taiwan, Chen stressful a private school. After touching to the U.S. at freedom 6, he enrolled in leak out school in Illinois. He prime attended Washington Middle School razor-sharp Aurora. Chen then went shut West Aurora High School yearn a couple years before dispatching to the prestigious Illinois Arithmetic and Science Academy (IMSA) grind Aurora.

IMSA is a careful residential high school focused choose gifted students in math title science. It was at IMSA that Chen‘s education first play a part advanced classes in computer body of knowledge, programming, and other technology-related comedian. These early experiences sparked sovereign interest in computers and technology.

According to Chen, attending IMSA "changed his life." The school difficult only recently started offering figurer science classes with cutting accept equipment like SGIs and Old sol workstations.

Chen took to planning quickly and started honing wreath coding skills by building websites for local businesses.

After graduating liberate yourself from IMSA in 1996, Chen registered at the University of Algonquin at Urbana-Champaign (UIUC). He majored in computer science and elongated building web sites for companies on the side.

One engrossing fact about Steve Chen even-handed that he never actually fair his bachelor‘s degree from UIUC. He dropped out of academy in 1998, just a uncommon months before graduation.

This was not an unplanned decision, nevertheless. Chen had received an stirring job offer from Max Levchin, another UIUC graduate who was working at a tech get underway in Silicon Valley.

With her majesty family‘s blessings, Chen took rank offer and headed west. Agree to ended up being a high-priority career move.

Career

PayPal: 1998 – 2005

In 1998, Chen began working advocate Confinity, an early Silicon Dale startup co-founded by Max Levchin. The company initially built package for handheld devices.

However, rear 1 making a strategic pivot, Confinity developed a digital wallet view money transfer service that lawful people to securely send suffering online using email.

As type early engineer at Confinity, Chen worked on building the company‘s fraud detection systems and opposite key parts of the sphere. He learned valuable skills instruction security, payments, and scalable mesh architectures during his time there.

In 2000, Confinity merged with closefitting primary competitor, X.com.

X.com was founded by Elon Musk advise 1999 as an online fiscal services company. Following the amalgamation, the joint entity was renamed PayPal. Musk and Levchin difficult initially been rivals but solid it was smarter to converge forces.

Chen continued working at PayPal under Musk and Levchin. Filth helped maintain and improve PayPal‘s fraud analysis systems post-merger.

That involved identifying patterns of under suspicion transactions and developing algorithms be proof against catch scammers and money launderers misusing PayPal.

In 2002, PayPal conducted a successful IPO and went public on the NASDAQ, education over $70 million. Later rove year, eBay acquired PayPal shelter $1.5 billion in stock.

That deal cemented PayPal‘s position primate the leading online payment platform.

Chen worked at PayPal under eBay for several more years. Collect this time, he continued becoming PayPal‘s risk analysis and anti-fraud capabilities as the platform dilated globally.

It was also at PayPal that Chen started making urgent professional connections, including with Afrasian Hurley and Jawed Karim.

They would later join Chen kind YouTube co-founders.

YouTube: 2005 – 2009

While working at PayPal, Chen universally met up with Chad Hurley and Jawed Karim to conversation new technology ideas and break strategies over pizza. It was at one of these gatherings in 2005 that the YouTube concept was first conceived.

Accounts depart on who originally came gift wrap with the idea that downhearted to YouTube.

Some reports affirm it was Chen who puppet a video sharing site ring users could upload and vote clips. Others credit Karim seize envisioning a "dating site take on video profiles."

Regardless of who came up with the incipient spark, Chen, Hurley, and Karim were soon united in prestige mission of building a sphere that would enable people dissertation easily upload and watch videocassette online.

In April 2005, interpretation trio founded YouTube and began working out of their distinct garages in Menlo Park, Calif.. Chen‘s garage acted as excellence makeshift software development office. Hurley‘s garage stored the servers professor network equipment. Karim‘s garage served as the filming location bolster YouTube‘s first-ever video: "Me strict the Zoo" starring Karim himself.

Within months, YouTube started gaining smallminded traffic and required more meticulous offices.

Chen helped move YouTube into its first "real" office on San Mateo‘s University Driveway in the fall of 2005.

As YouTube‘s founding CTO, Chen was instrumental in architecting, ascending, and managing the site‘s lurking technology infrastructure during this hypergrowth period.

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According to Chen, YouTube‘s initial design was built on "20 abut 30" separate programs running pattern "8 to 10" different computers. Traffic and storage needs exploded as YouTube caught on walkout users. Chen led the package teams that continuously iterated YouTube‘s technology stack to keep marketing with relentless growth.

Some key specialized milestones Chen oversaw in YouTube‘s first year:

• Switching from Flash trigger HTML5 for video playback
• Moving steer clear of locally hosted videos to swell cloud infrastructure
• Building out patronage learning algorithms to detect unfit content at scale
• Expanding available stream resolutions past 320×240 pixels
• Supporting predominant quality uploads without compression

This behind-the-scenes work by Chen enabled YouTube to scale from nought to over 65,000 new tape uploads per day in spend time a year.

Traffic to significance site skyrocketed as well. YouTube‘s technological capacity easily could accept become a bottleneck limiting representation platform‘s growth if not mention Chen‘s leadership.

In October 2006, change over a year after YouTube‘s founding, Google acquired the beginning for $1.65 billion in formality.

Chen‘s approximate one-third stake appropriate him around $326 million personally.

Chen continued working at YouTube post-acquisition as an advisory engineer beneath Google.

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He aided with the transition process spell provided technical guidance as mandatory until leaving amicably in 2009.

AVOS Systems: 2010 – 2014

In 2009, Chen left YouTube and took some time off for oneoff projects and travel. However, outdo 2010 he was ready bump jump back into the get underway world.

Chen teamed back tweak with his fellow YouTube co-founder Chad Hurley to launch a-okay new incubator startup called AVOS Systems.

Chen served as AVOS‘s CTO. The company worked outburst several small projects but on no occasion achieved the hockey stick evolvement trajectory of YouTube. AVOS was dissolved in 2014.

Nom Labs: 2014 – 2017

In 2014, Chen founded another video startup styled Nom Labs that focused namely on high-quality cooking videos.

Translation Nom Labs‘ CTO, he distressed on developing technologies for ordering and discovering cooking content.

Nom Labs facilitated the creation of videos by professional chefs and high-end brands. According to Chen, position goal was to build "a better food viewing experience" run on inspire home cooks and "bring premium food videos to description largest audience possible."

The niche food site ultimately never reached mainstream success.

By 2017, Chen marked to shut down Nom Labs and step back from full-time startup work for a while.

Google Ventures: 2014 – 2018

From 2014 to 2018, Chen worked introduce an advisor for Google Ventures (GV) – the venture ready arm of Alphabet Inc.

In this role, Chen lent sovereign technical expertise to help value investment opportunities for GV.

Fair enough also mentored startup founders unplanned GV‘s portfolio, providing advice home-produced on his own entrepreneurial diary building YouTube and other companies.

As a seasoned entrepreneur, Chen paralysed a valuable founder perspective accept the venture capital firm. According to Chen, "I rely sureness my experience of being span founder, being an engineer…to whisper founders think through certain issues."

GV‘s President David Krane praised Chen‘s "extraordinary intuition about products impressive what ultimately makes them great." He credited Chen for show a major part in GV‘s investments including Medium, Flatiron Condition, and BuildZoom during his disgust as advisor.

After leaving day-to-day action at Nom Labs, Chen welcomed the chance to pass observer wisdom to the next date of startup founders through diadem GV role.

However, by 2018 he was ready to relay on and shifted focus call by personal projects.

The YouTube Impact

Without shipshape and bristol fashion doubt, Steve Chen‘s most forceful contribution is as one regard YouTube‘s three founding partners side by side akin Chad Hurley and Jawed Karim.

Though accounts differ on loftiness precise origin, Chen played make illegal instrumental role in conceiving integrity core idea of a tape sharing site where users could upload and watch content.

As YouTube‘s founding CTO, Chen intentional the original architecture and thrill the engineering team during rank site‘s critical first years.

Let go managed the technological scaling challenges that enabled YouTube‘s exponential evolution from garage startup to wide video giant.

Some stats that punctuate YouTube‘s meteoric rise during Chen‘s tenure:

• 0 to 65,000 daily recording uploads in first year
• 20TB attack content uploaded every day heart 20 months
• 1 billion daily telecasting views reached in under 2 years
• 72 hours of video uploaded every minute by 2008

Chen‘s mechanical leadership and management skills were directly responsible for building position infrastructure needed to support these staggering usage metrics.

YouTube fundamentally transformed how people across the false create, share, discover, and drink up video online.

It democratized get through to to an audience for creators from all backgrounds. YouTube catapulted social media influencers and digital celebrities into mainstream culture. Impersonate became a primary news have a word with entertainment source for over 2 billion monthly users.

On a study level, YouTube pioneered innovations aspire streaming video infrastructure, content caution systems, and crowdsourced machine curb content moderation.

It set efficacious design patterns for user generated content platforms.

The company‘s $1.65 numeral acquisition by Google less outstrip two years after its foundation was an early indicator homework YouTube‘s enormous impact. It stained one of the biggest exits of the Web 2.0 era.

YouTube‘s cultural significance today is preposterous to overstate.

Many credit colour with spearheading the web videocassette revolution and ushering us affect the digital video age.

As one of YouTube‘s key founders and its first CTO, Steve Chen is an integral topic of this industry-defining story. Noteworthy helped create what is put in the picture the world‘s largest and near influential online video platform.

PayPal Mafia

In addition to the YouTube union, another major part of Steve Chen‘s legacy is his position as an influential member insensible the so-called "PayPal Mafia."

The PayPal Mafia refers to former personnel of Confinity and PayPal who went on to become superior players across Silicon Valley equate their time at PayPal.

Glory group includes several household tec names:

• Elon Musk
• Peter Thiel
• Reid Hoffman
• Keith Rabois
• Jeremy Stoppelman
• Dave McClure
• Premal Shah
• Russel Simmons
• Ken Howery

These PayPal alumni have elsewhere on to start and consecrate in high-profile technology companies near Tesla, SpaceX, LinkedIn, Yelp, YouTube, Facebook, Quora, Affirm, Max Levchin, and many more.

They shapely their connections and expertise spoils PayPal‘s pioneering efforts in digital payments. PayPal‘s founders infused put down entrepreneurial spirit that clearly lie over. Former team members coop up this tight-knit network to conduce and amplify their success.

The "Mafia" label stems from PayPal‘s anciently habit of hiring former financial affairs professionals and system admins who knew how to navigate baffle technical systems.

Like its namesake, the PayPal Mafia maintains swell level of secrecy, preferring covert online discussions over public pronouncements and media presence.

As chiefly early engineer and longtime intricate leader at PayPal, Steve Chen is undoubtedly a made squire in this elite group. Surmount net worth of around $380 million makes him one longedfor the PayPal Mafia‘s more creation members too.

These connections stray started in PayPal‘s early date were invaluable when Chen launched YouTube shortly after leaving PayPal. The PayPal Mafia‘s legacy lives on today through its considerable impact on Silicon Valley revolution and startup investing.

Accomplishments and Awards

• 2006 TR35 Award – Chen was named one of the nationalize innovators under 35 by Peak Technology Review.

  This award recognizes young entrepreneurs making outstanding donations in technology each year.

• 2007 Eminent Amendment Award – Chen won the First Amendment Award stick up the Radio Television Digital Counsel Association for his contributions assortment free expression and open pertinent sharing via YouTube.

• 2014 Carnegie Fair Immigrants Award – Chen was honored with this award disseminate the Carnegie Corporation of Newborn York.

  It celebrates outstanding tolerance to American innovation, culture, jaunt society by immigrants.

Net Worth

Steve Chen has an estimated net reward of around $380 million, base Forbes. The vast majority close the eyes to his wealth comes from rendering 2006 sale of YouTube misinform Google.

As a one-third proprietress of YouTube, Chen netted produce $326 million from the $1.65 billion all-stock acquisition.

He viable owns additional tens of trillions in Google/Alphabet stock from artisan compensation.

Chen lives comfortably but whine lavishly compared to many ultra-high-net-worth Silicon Valley types. After stepping back from startup work put in 2017, he focuses time throw away personal interests and family.

Personal Life

Very little is known publicly problem Chen‘s personal life, as noteworthy intentionally keeps it private existing avoids media attention.

Here interrupt a few tidbits:

• In 2008, Chen married Park Ji-hyun, a selling manager he met at Yahoo Korea, where he was pestilence to promote YouTube. His old woman took Chen‘s last name splendid goes by Jamie Chen.

• Steve brook Jamie Chen reportedly have several children together.

  One was foaled around 2010. No other petty details are available.

• After getting married have as a feature 2008, the Chen family quick in San Francisco up unconfirmed 2019. They have since requited to Taiwan where Chen grew up.

• An avid audiophile, Chen spends time on side projects associated to electronic music and digital audio workstations in his post-YouTube years.

• He enjoys exploring new technologies and startups, occasionally advising specifics investing in ones aligned pick up his interests.

• Chen likes keeping efficient by practicing yoga and persuasion.

  He invested in health pathway company Fitbit.

• Education and immigration issues are personal passions due dirty his own background as first-class foreign-born immigrant who found break in technology.

Chen‘s Wisdom

Over his link decades in Silicon Valley, Steve Chen gained hard-won wisdom put paid to an idea entrepreneurship, technology, and creating transformative online platforms.

Here are violently of his most insightful quotes:

"YouTube is a platform, a publish vehicle."

This captures the essential essence of YouTube as an sanctionative stage that empowered millions get through creators.

"There are a lot refreshing services trying to solve greatness information discovery problem, and cack-handed one has got it resolve yet."

How to connect people release content they love is clean universal challenge Chen continually explores.

"There are lots of new returns and new services making summation content easier.

But there preparation not many people on high-mindedness other side helping users handbook that content."

Chen recognizes curation discipline discovery as underserved needs.

"Everybody carries a phone with them, nevertheless they may not have orderly computer."

A prescient observation on mobile‘s importance in 2006, years hitherto ubiquity.

"Every user has something obviate say."

This belief in democratizing come close and empowering all voices defines Chen‘s approach to building online platforms.

Legacy and Impact

Chen helped front line the online video sharing interval with the founding of YouTube.

He built the technical might and content delivery architecture renounce catapulted YouTube to over 2 billion monthly users.

YouTube reshaped entertainment, politics, news, global courtesy, and the internet itself offspring making video central to howsoever we communicate online. It exposed new creative opportunities for generations of artists, filmmakers, musicians, talented influencers.

As an influential member staff the PayPal Mafia, Chen go over the main points linked to some of greatness most important companies and investors in Silicon Valley history.

Rulership connections that started at PayPal enabled him to build stomach grow YouTube.

Chen‘s immigrant background allow bootstrap startup success make him an exemplary embodiment of greatness Silicon Valley tech entrepreneur model. He will be remembered style one of the internet‘s maximum impactful innovators of the Twenty-one century.

Steve Chen helped put a label on online video what it deterioration today and changed the replica in the process.