YouTube founders’ startup Avos is laying off 80% of staff & killing video app Mixbit

YouTube founders’ startup Avos is laying off 80% of staff & killing video app Mixbit

Source: Photo via Mixbit/Twitter

Avos Systems, the company created by YouTube founders Chad Hurley and Steve Chen, is laying off a significant portion of its workforce, sources close to the company told VentureBeat.

Avos isn’t exactly a name most people would