YouTube Founders’ Next Act: MixBit

Two of YouTube’s founders are wading back into familiar territory.

On Thursday, Avos Systems, a startup led by YouTube founders Chad Hurley and Steve Chen, launched a smartphone app called MixBit to shoot and edit online videos — features shared by services such as Vine and Video on Instagram. The service also lets people reuse clips shot by other MixBit users to plug into Web videos of their own.

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Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

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