20130326

YouTube founder forced back to his old company

I just stole this laugh from Steve Chen ("mind if I send you back to YouTube?" - I consider his laugh as a "no", so here he is, back on YouTube):



Chen was invited to the 2013 Asian Leadership Conference (organized by Chosun Ilbo in Seoul), where he told his already rich (in every sense of the word) story.

According to him, the main reason why so few Korean start-ups make it to the world stage is that few have a global reach in mind in the first place, and that (a trait shared by many other countries) very few people are ready to "take the jump". I would also blame the weak SME ecosystem, with chaebols sucking out way too much value at the earliest stages of emerging technologies and innovations.

Chen started AVOS Systems with fellow YouTube co-founder Chad Hurley. They are reviving delicio.us, which they purchased from Yahoo!, and launched Zeen (social media - DYI magazines), an interesting revenge of traditional media in our paperless, always-on world.

mot-bile 2013



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