Wealthy tech executives like investing in sports team for the same reason they like investing in restaurants: it guarantees them a seat. And YouTube cofounder Chad Hurley just bought a front row view of the Los Angeles Football Club, alongside co-owners Magic Johnson, Mia Hamm, motivational maniac Tony Robbins, and more.

YouTube will begin pulling indie musicians from the site in "a matter of days," blocking any artist on a label that refused the company's licensing terms for its forthcoming subscription music service.

YouTube cofounders Chad Hurley and Steve Chen are parting ways. The duo worked together for 15 years, starting at PayPal, then got $1.65 billion from Google. But faced a series of missteps at their incubator Avos Systems. Now Hurley is cutting his losses and focusing on just one Avos product, MixBit, and Chen is joining Google Ventures as an entrepreneur-in-residence.

Perhaps realizing that everyone is just going to use their former roommate's pilfered HBO Go password anyway, the series premiere of the (hugely smart and funny) Silicon Valley is now available on YouTube.

Jawed Karim—the boring YouTube cofounder, not the one being sued by Kanye West—just left his first video comment in eight years. The one-liner takes a knock at Google, the company that earned Karim $64 million and the chance to literally live next door to Mark Zuckerberg.

Uploading a smartphone video recording of the Kanyedashian proposal seemed like a good idea. YouTube creator Chad Hurley has been struggling to find a second success, and putting hot celeb videos on MixBit—his newest project—drummed up instant interest. Unfortunately, Kanye West is furious.

After Chad Hurley and Steve Chen invented YouTube, they walked away with a bundle of cash and got to work making new websites. Unfortunately, these websites were the exact opposite of YouTube, in that no one wants to use them—now another is headed to the junk pile.

From the tip box, an anonymous AVOS alum has nothing nice to say:

YouTube made Chad Hurley and Steve Chen rich as Saudi kings after they sold it off to Google. They had the chance (and money!) to build anything they wanted—and they did, a brand new company called AVOS Systems. Two years later, and it seems the YouTube duo were a one hit wonder.