joining me today on "studio 1.0," youtube cofounder and former ceo, chad hurley.

on studio 1.0, youtube cofounder and former ceo, check early. chad: thanks for having me. emily: in 2005, you activated the url. chad: on valentine's day. so romantic. emily: describe the last 10 years. for me, it has surpassed expectations. we were trying to solve a problem for ourselves and our friends. how do you share videos sitting on your desktop? despite observing our own problems and coming up with a simple way to re-encode the videos, allow people to share videos on the web, unlock the potential for everybody else. emily: the first video on youtube was one of you guys going to the zoo. >> they have really, really long trunks. chad: not a cat video, but not bad. emily: 19 million views. chad: that video and many others we were uploading internally to test the system. shortly after that, we received a few other uploads run the world. emily: who is that? chad: jawed, steve chen. leave before we launched the service or raise funding. he went back to stanford. journeye and steve's after that, riding the wave of video and dealing with growth. emily: the university of pe

for more of my discussion with youtube cofounder chad hurley, catch studio 1.0 tonight at 7:30 p.m.astern and pacific. coming up, pandora shares rallying after the company says apple music is no big deal. details next. plus 10 scientists from montana , pocket $2 million in the latest x prize challenge. their research is next. ♪ emily: breaking news -- airbnb is close to hiring blackstone's lawrence josie -- tosi as cfo. he has been the cfo of blackstone since 2008. last month, airbnb received another round of financing. the company is projecting revenue of $900 million this year up from two under $50 million in 2013. in 2015.illion representatives from airbnb declined to comment. i want to get to pandora now, also reporting, shrugging off apple music, and investors celebrate. they do not expect much in back from the new competition. joining me with more, amy in new york and the capital founder in l.a. amy, i want to start with you. some of the highlights, raising and listening, hours flat. what are the highlights for you? amy: monetization. the rpm's really nice and beat our estimat

joining me today on "studio 1.0," youtube cofounder and former ceo chad hurley.had, thank you for being here. chad hurley: thanks for having me. emily: in 2005, you guys activated the url to youtube.com, right? chad hurley: on valentine's day. emily: on valentine's day. chad hurley: so romantic. emily: describe the last 10 years. chad hurley: for me it has surpassed all of my expectations. we were simply trying to solve a problem for ourselves and our friends -- how do you share videos that are sitting on your desktop? just by solving our own problems and coming up with a simple way to re-encode these videos and allow people to share these videos on the web, that unlocks the potential for everyone else as well. emily: the first video on youtube really was one of you guys going to the zoo. >> the thing about these guys is that they have really, really , really long trunks. chad hurley: it's not a cat video, but it's not bad. emily: almost 19 million views. chad hurley: yeah. that video and many others, we uploading internally to test the -- were uploading internal

joining me today on "studio 1.0," youtube cofounder and former ceo, chad hurley.nk you so much for being here. chad: thanks for having me. emily: in 2005, you activated

joining me today on "studio 1.0," youtube cofounder and former ceo, chad hurley.ou so much for

we will ask one of youtube's cofounders. ♪ ♪ google famously bought youtube in 2006 for about 1.6 billionthe cofounder chad hurley says he does not regret holding off for more. he said if not for the deal, the company may have been forced out of business. he spoke to emily chang. >> it was a rocket ship and it .ontinued to be this journey even after we became part of google, thanks accelerated from there. we had more resources but at the time we sold, we only had 67 people within the company. three engineers, i.t. guys that would run around the country maintaining our three data centers. at the time we did not have the luxury of plugging into amazon web services or something. you had to go out and build your on machines. beyond that, we were threatening basically both sides of the industry, the internet industry. togle, yahoo!, they want maintain their control but you have the traditional media world, the studios, the labels, and others wanting to retain control of distribution. they were attacking us for not doing the right things around copyright when we were building all the tools, mor

youtube cofounder chad hurley looks back on his deal to sell the site to google. ♪ alix: welcome backerg "market day." look at the a markets. 15 minutes before the closing bell. looking at a dallas is looking at the worst day in four months. but that is right. not just the dow but read it the board. the markets of their lows of the day. this is the worst or the dow in terms of the three-day losing streak. the s&p 500 down five point 6%. the dow down .7%. nasdaq down by about half of the percent. naked data clearly outweigh the positives. consumer confidence did hit a five week though while jobless claims fell to the lowest in four decades. going to the bloomberg terminal, -- we can see no sector is being spared from the red. utilities the biggest lacquer. materials down 1.5%. energy falling into red. it has been positive earlier today. gas and electricity companies are the main reason for the life. we are seeing a positive the rally today. trading lower by half a percent here. $97, slow since range. the lowest level since july 14. the second time in seven sessions it has been lower. o

joining me today on “studio 1.0,” youtube cofounder and former ceo, chad hurley.nk you so much for being here. chad: thanks for having me.