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kottke.org posts about Steve Chen

YouTube founders acquire Delicious

AVOS, a new internet company founded by YouTube founders Chad Hurley and Steve Chen, has acquired the social bookmarking service Delicious from Yahoo!

Why has Yahoo! chosen to transition Delicious to AVOS?
While we love Delicious (and our users love Delicious), we wanted to find a home for the product where it can receive more love and attention. We think AVOS is that place.

When will AVOS officially start running Delicious?
We anticipate Delicious in its current form will be available until approximately July 2011. By agreeing to AVOS’s terms of service upfront, you will allow us to move your data when the time comes to transfer control to AVOS.

Delicious founder Josh Schachter reacted to the news on Twitter, saying:

inbox asplode!