Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital

Journey after YouTube w/ Steve Chen, Draco Evolution

Aug 15, 2024

17:41

This week's episode is proudly brought to you by Tatler Gen.T.

On July 12th, we celebrated the groundbreaking launch of Draco Evolution Corp’s AI-driven ETF, now trading on the NYSE. We had the privilege to speak with the visionary co-founders, Jack Fu and Steve Chen, about their innovative ideas and the future of finance.

This week, we dive deeper into Steve Chen’s journey co-founding and leaving YouTube, and why we should all take bold leaps in life.

TIMESTAMPS / KEY TAKEAWAYS

0:00 - Intro

02:42 - The ‘One-Way Ticket’: “If I have an idea, I'm just going to regret it if I don't take this opportunity now to actually try it out.”

04:16 - The real story of YouTube: “it was a dating video site”; “it was through these changes as you're pivoting around and figuring out exactly where this path is going to take you”

09:00 - Google’s acquisition of YouTube; “He said, we’re making the largest acquisition ever made by Google,”

11:48 - Behind key decisions: “The answer usually is in our heads already.”; the hardest lesson learned

14:40 - Building legacy and impact; “What brings you happiness?”

About Steve Chen

Steve Chen is a Taiwanese-American Internet entrepreneur who is one of the co-founders and previous chief technology officer of the video-sharing website YouTube. After he co-founded the company AVOS Systems, Inc. and built the video-sharing app MixBit, he joined Google Ventures in 2014.