YouTube Co-founder Prepping Possible Rival

Chad Hurley talking about new video platform designed for collaboration

YouTube has had its share of competition over the years. Companies like Vimeo and DailyMotion (plus copyright lawsuits and crushing overhead costs) led Chad Hurley and the video-sharing site’s co-founders to sell YouTube to Google. More recently Hulu and others have entered the fold. Soon Hurley, who left Google/YouTube in 2010, will launch a potential new rival.

“I wish [South by Southwest] was a month later because I could unveil the new product,” Hurley said during a Q&A with Digg founder and Google Ventures partner Kevin Rose on Saturday afternoon.

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