Currently, Michael is a Partner at Y-Combinator. Michael Seibel was the Co-Founder & Former CEO of Socialcam and Justin.tv/Twitch. Socialcam was acquired in August 2012 for $60m and in August 2014 Justin.tv/Twitch was acquired for $970m.
Michael Seibel was born in Brooklyn, NY and lived there for his first 9 years. His family then moved to East Brunswick, NJ where he graduated from East Brunswick High School in 2000. After graduating Michael moved to New Haven, CT where he received a bachelors degree in political science at Yale University in 2005. He has two younger siblings and parents are from Brooklyn, NY and State College, PA.
In the winter of 2006, Michael joined Justin Kan, Emmett Shear, and Kyle Vogt to start Justin.tv. Justin.tv launched in March 2007 as an online reality tv show featuring Justin Kan broadcasting his life 24/7. In the summer of 2007, Justin.tv raised financing from Alsop Louie Partners and in the fall of 2007, Justin.tv was reborn as a platform where anyone could broadcast or watch live video from anywhere in the world. By the fall of 2010 - after raising additional capital from Alsop Louie Partners and Tim Draper - Justin.tv become profitable and the founders decided to work on two new projects from within the company: Socialcam and Twitch.tv.
Socialcam is the easiest way share video with friends and family from your smartphone. After launching in the spring of 2011 the founders of Justin.tv decided to spin off the app into a new company in early 2012. Socialcam was spun out with 3 founders, Guillaume Luccisano, Ammon Bartram. and Michael Seibel. The company participated in the Y-Combinator winter 2012 class and added over 13 million iOS and Android downloads in 3 months during the spring and summer of 2013. Autodesk Inc. bought Socialcam for $60 million in July 2012.
Twitch.tv is a live streaming video site for gamers. It's integrated with Xbox and Playstation and over 45 million viewers watch video on Twitch every month. Emmett Shear, former co-founder and CTO of Justin.tv is the CEO of Twitch. Twitch was acquired by Amazon for $970m in August 2014.
After selling Socialcam, Michael became a Partner at Y-Combinator. Y-Combinator is a startup accelerator in Mountain View, CA. It helps early stage startups launch, grow, and raise seed capital.
Board & Advisor Roles (1)Update
|Mar, 2016||Scentbird||$2.8M / Seed||Personal Investment|
|Mar, 2016||DoseDr||undisclosed amount / Seed||Personal Investment|
|Oct, 2015||Seed||$5M / Venture||Personal Investment|
|Sep, 2015||Triplebyte||$3M / Venture||Personal Investment|
|Jan, 2015||Eligible||undisclosed amount / Seed||Personal Investment|
|May, 2014||Bellabeat||$4.5M / Seed||Personal Investment|
|Jan, 2014||Cruise Automation||$4.3M / Seed||Personal Investment|
BA, Political Science2005
|Sep 13, 2016||TechCrunch - With a new CEO, Y Combinator will wind down fellowships and start a MOOC|
|Jun 22, 2016||Business Insider (tech) - The unlikely story of how I got my job in tech highlights a big problem with the industry|
|Jun 2, 2016||Y Combinator Posthaven - Y Combinator|
|Mar 30, 2016||Alley Watch - The Dollar Shave Club for Perfume Has Just Raised Another $2.8M|
|Mar 28, 2016||Built in Chicago - How Y Combinator helped this Chicago nonprofit grow 80 percent week over week|
|Mar 13, 2016||Arab Business - Startups - Entrepreneurs of the Week: Margarita Belorukova and Pavel Ignatov, Unnyhog|
|Mar 11, 2016||Re/code - Meet Kyle Vogt, the ‘Robot Guru’ Who Just Sold His Second Billion-Dollar Startup in Two Years|
|Mar 10, 2016||Venture Beat - UnnyWorld charges into the real-time strategy fray on mobile|