Dossier
Steven Chen
Coverage of Steven Chen in the Nexus archive.
- YouTube’s founders split over $650 million when they sold to Google in 2006—had they held out, they could have taken a slice of $550 billion
YouTube cofounders Chad Hurley and Steven Chen received $345 million and $326 million respectively in 2006 when Google acquired the platform for $1.65 billion. Today, YouTube's estimated value is $550 billion, a 333x increase, meaning Hurley and Chen could have earned over $100 billion each if they had retained their shares.