Paypal logo for website1/5/2024 On the 25th January 2021 Hurley announced on Twitter that he had become an investor at Leeds United, the English Premier League football club. He is a part-owner of the NBA's Golden State Warriors and the MLS' Los Angeles Football Club. Neither Hurley, team principal Ken Anderson nor sporting director Peter Windsor would comment on the team's failure to make it to the grid. On March 2, 2010, the team's personnel were dismissed from their duties and the team was unofficially shut down. Hurley was involved as a major investor with US F1 Team, one of the new entrants in Formula One automobile racing for the 2010 season. Mixbit now Zeen was acquired by BlueJeans in August 2018. It also features the editing tools similar to its other competitor apps. Its limit of recording stretches up to 256 clips, each clip can be maximum 16 seconds long. The App resembles other famous short-video recording smartphone apps such as Vine, Instagram and Vyclone. According to Steve Chen, it was Chad's idea to turn Avos into MixBit even before the inception of YouTube. In August 2013, Hurley launched another company called MixBit which does video editing using smartphones. Hurley stepped down as CEO of YouTube in October 2010 and stated he would stay on as an advisor of YouTube, allowing Salar Kamangar to take over the CEO position. The Journal 's report was based on Google's registration statement with SEC filed on February 7, 2007. YouTube's other two co-founders, Steve Chen and Jawed Karim, received 625,366 shares and 137,443 shares, respectively valued at $326.2M and $64.6M. He received 694,087 Google shares directly and another 41,232 shares in a trust. It was reported in The Wall Street Journal that Hurley's share was $345.6M at Google's Februclosing stock price of $470.01. On October 16, 2006, Chen and Hurley sold YouTube to Google Inc. Hurley founded YouTube in 2005 with Steve Chen and Jawed Karim.
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