Saturday, December 29, 2007

YouTube's Chad Hurley & VC Tim Draper at BizWorld Lunch

I had the pleasure of attending a great lunch event. YouTube Co-Founder Chad Hurley was the featured guest at the BizWorld.org luncheon on December 4th, 2007. He was introduced by MySpace Co-Founder Brett Brewer and interviewed by Tim Draper, VC & Managing Director of Draper Fisher Jurvetson.

In the talk, Draper asked Hurley questions surrounding YouTube after its acquisition by Google, and really focused on the changing landscape of the online advertising industry and how YouTube was responding to it. Hurley said that Youtube's success rests in the constantly growing inventory of video content that people want to see.

As for the Google relationship, Hurley commented on their food and the large resource base that they have at their disposal for growth and for legal protection, although he didn't say that directly.

Hurley also pointed to YouTube's new relationships with educational institutions like UC Berkeley and MIT, where students can view class lectures online.

There's more in this 20 minutes video and be sure to visit the BizWorld.org website as well. BizWorld teaches entrepreneurial thinking to kids, and Tim Draper's the founder, with Catherine Hutton as its CEO.

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