Chad Hurley and Steve Chen Bought Delicious from Yahoo!

Chad Hurley and Steve Chen, founders of YouTube announced they have bought Delicious bookmarking service from Yahoo! The acquire price is undisclosed.

It rumours in March that Delicious might be sold for around $1m – a huge drop in value from the $30m Yahoo paid for Delicious in December 2005.

YouTube was sold to Google for $1.76bn in 2006, 18 months after Chad Hurley and Steve Chen creating it as a dating site and then discovering that video upload was popular too – say their aim is to "continue to provide the same great service users love and make the site even easier and more fun to save, share and discover the web’s ‘tastiest’ content."

Chad Hurley and Steve Chen are building an exciting new company and we look forward to watching the Delicious service continue to develop!

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