Chad Hurley: Mixbit is not shutting down

MixBit Logo
Chad Hurley has said that the video remix platform Mixbit will not be shutting down. Hurley was addressing an article that was published on VentureBeat claiming that Mixbit was getting ready to shut down. In fact, Mixbit said that new features will be coming soon.

VentureBeat reported that the Avos Systems office laid off “nearly 80 percent of its employees” and closed down their office in San Mateo. Avos is the company behind Mixbit that was launched by YouTube co-founders Chad Hurley and Steve Chen.

Here is Hurley’s response to the VentureBeat article:

Ouch.

In response to the layoffs, he said:

Avos Systems is actually moving to a new space. Maybe that is why some false rumors started to float around.

[Source: GigaOM/VentureBeat]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
Leave a Comment