Published 7/1/2009
by chris.thompson
at The Big Money
The Googlesphere is abuzz with word that Steve Chen , who co-founded YouTube with Chad Hurley and Jawed Karim and later sold it to Google (GOOG) for $1.65 billion, has left his post as YouTube's chief technology officer. And here's the thing: he did it last fall, and we're only hearing about it now! Who says you can't keep a secret in Silicon Valley?
The news first broke on All Things D , where Peter Kafka got YouTube spokesman Ricardo Reyes to confirm the move: "Steve shifted his focus to help with some Google engineering projects. He's still involved with YouTube and invested in its success." Google has not disclosed what Chen is working on now. PaidContent openly predicts that YouTube co-founder Chad Hurley will be gone soon as well.
What does this all mean for Google?
Take #1: Nothing. As Kafka points out, YouTube is a lot bigger than Chen or Hurley now, and the site operated without any bumps in the road once he left. "The fact that Chen's move has gone unreported until now should ...
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