YouTube Co-Founders Split As Chad Hurley Spins Out MixBit And Steve Chen Joins Google Ventures

 Consider this the end of an era. After 15 years of working together, first at PayPal and then at YouTube and most recently at incubator Avos Systems, YouTube co-founders Chad Hurley and Steve Chen are headed in different directions. Avos is pivoting, in a sense, and transforming from an incubator into a single company working on a single product: MixBit. MixBit has been Hurley’s baby…