YouTube founders ready for 'Delicious' next act

Discussion in 'The Water Cooler' started by cybercore, May 3, 2011.

  1. cybercore

    cybercore New Member

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    SAN FRANCISCO – YouTube founders Chad Hurley and Steve Chen are cooking up another Internet company. This time, its ingredients will include the content-sharing service Delicious.

    The creators of the world's most popular video site acquired Delicious from Yahoo Inc., which decided late last year to either close or sell the service. The financial terms of the deal announced Wednesday weren't disclosed.

    Delicious will become part of Avos, an Internet startup that Hurley and Chen have set up near the San Mateo office where they started YouTube in 2005. They sold YouTube to Google Inc. for $1.76 billion in 2006.

    Avos says it is working on ways to help people navigate the torrent of information cascading from Internet services. How it intends to do that is a mystery.



    More YouTube founders ready for 'Delicious' next act
     

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