Steve Chen is a young American entrepreneur well known as one of the co-founders of the famous video platform YouTube. Born in 1978 on August 18 in Taipei (Taiwan), he had to immigrate to Illinois in the United States with his family at the age of 8. We offer this article to provide you with more information on the life of this computer genius.
arly life and education of Steve Chen
Steve Chen was born in Taipei, a city in northern Taiwan. When he was 8 years old, his family moved to Prospect Heights, Illinois . It was in this region that he completed his primary, secondary and university studies. For his elementary education, he attended River Trails Middle School .
Then he enrolled at John Hersey High Schoolwhere he finished his junior year of high school before entering the Illinois Mathematics and Science Academy for the final two years . This residential institution in the form of a school is a prestigious establishment where admission is very competitive. Steve passed his assessments and tests with flying colors, obtaining good scores.
After finishing high school, he enrolled at Urbana-Champaign, a university in Illinois. It was there that he obtained his computer engineering degree in 2002 . This large university is recognized for having the second largest library system after Harvard University. It comprises 16 colleges and has a research park housing at least 90 start-ups and multinational companies. It is therefore no coincidence that the active life of the YouTube creator has been so exciting.
Professional life and projects
To launch his professional career, Steve Chen found his first job at PayPal . This is a company that excels in electronic and remote payments on a global scale. It was in this institution that Steve met Jawed Karim and Chad Hurley , the other two co-founders of YouTube . He then left PayPal for the giant Facebook .
Some time later, he was contacted to start the YouTube project , which prompted him to leave Facebook. On February 15, 2005 , he and the other two co-founders effectively launched the online video platform. With Chen as chief technology officer , the site has seen tremendous growth.
Steve has also announced that he receives at least 100 million views and video downloads estimated at 65,000 per day. The site was ranked last in the list of the top 10 most popular websites a year after its creation. Google then jumped at the opportunity to buy YouTube for $1.65 billion in 2006 .
With his $326 million received instantly and his trust shares, the businessman will launch other activities. In May 2011 , YouTube founders Chad Hurley and Steve Chen purchased “Tap 11” and later resold it. Then, through their start-up AVOS system, they launched a video service similar to Instagram and Vine that they named Mixbit . In 2014, Steve Chen joined Google Ventures where he participated in financing start-ups in several fields.
Private life of Steve Chen
Steve Chen got married in 2009 to Park Ji-hyun , who serves as a product marketing manager for Google Korea. The latter became Jamie Chen in order to bear her husband’s name. She gave birth to two beautiful childrenwith whom the Chen couple lives in San Francisco .
In June 2006, Chen was named one of the 50 most important people by Business 2.0 magazine . He has been praised for his humility and for revolutionizing the concept of video sharing through the viral video model. In 2008, he was recognized by the Producer’s Guild of America . This enabled him to receive the “Vanguard Award” for his outstanding achievements in the fields of new technologies and media.
Apart from all this, Chen wears his heart on his sleeve. He invests part of his fortune into charities and other organizations. It also contributes largely to the financing of projects relating to technological innovation