YouTube founders launch MixBit video app

Hoping to tap into the social and creative aspects of sharing video, YouTube co-founders Chad Hurley and Steve Chen have designed the new app MixBit, enabling you to not only shoot and swap, but stitch a variety of clips together from different sources to create your own mashed-up masterpiece.

“Today we want to remove the barriers to video creation,” Hurley posted on the official MixBit blog in order to announce the new product, available today for free in the App Store.