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YouTube Founders Revamp Bookmarking Service Delicious

YouTube founders Chad Hurley and Steve Chen are trying to reinvent link-sharing website Delicious to re-launch in a world were social networks dominate.

Hurley and Chen, who sold YouTube to Google for $1.62 billion, had, in a surprise move, acquired social bookmarking service Delicious from Yahoo, only to revamp it and launch it again.

Delicious had taken the online world by storm when it was launched in 2003. It had easily allowed users to share links to articles on the world wide web and tag them by topic. Its popularity led Yahoo to acquire the company in 2008. But like everything else Yahoo owned, the platform failed to grasp the speed by which the web by evolving.

The YouTube founders believe that there are tonnes of good content floating around the web not being accessed by web users. They hope to turn Delicious into a social content sharing service that features the best of everything on the web.

“Twitter sees something like 200 million tweets a day, but I bet I can’t even read 1,000 a day,” said Chen, as reported by the New York Times.

“There’s a waterfall of content that you’re missing out on. There are a lot of services trying to solve the information discovery problem, and no one has got it right yet,” he added.