Steve Chen co-founded YouTube, a premier entertainment destination and one of the most popular websites on the Internet, in 2005. As the company's key technologist, Chen is credited with developing the company's massive data centres. Chen was instrumental in building YouTube into a viral video phenomenon and helped lead YouTube through the Google acquisition for US$ 1.65 billion less than a year after launching the site. Steve has received several prestigious honours and acknowledgements from the business and entertainment communities including Business 2.0's “50 Most Influential People”, GQ's “Men of the Year”, Fortune's “Most Powerful People in Business”, and prominently featured in Time magazine's “Person of the Year” issue. Chen studied computer science at the University of Illinois.