Michael Seibel is 33 years old and has lived and worked in the Bay Area for the past 8 years, currently serving as CEO of YC Core,  which has been called "the world's most powerful start-up incubator" by Fast Company.

Previously, Michael was co-founder and CEO of Justin.tv from 2007 - 2011 and co-founder and CEO of Socialcam in 2012. During 2012, Socialcam participated in Y Combinator, raised angel financing from a group of amazing investors, and sold to Autodesk Inc. for $60m (link). In 2014 Justin.tv became Twitch Interactive and under the leadership of Emmett Shear and Kevin Lin sold to Amazon for $970m.  Before getting into tech, Michael spent a year as the finance director for a US Senate campaign after graduated from Yale University with a degree in political science. 

In part 2 of the episode we chat about:

  • How keeping a startup lean and achieving profitability creates options
  • Splitting Justin TV into separate companies (Twitch, SocialCam)
  • Successfully selling 3-person company SocialCam for $60M in less than a year
  • The 3 magic ingredients of YCompbinator and the importance of Demo Day
  • The key to successfully founding companies with friends 
  • How making significant money via a successful exit changes things

Be sure to check out Part 3 of the episode and be sure to follow Michael on Twitter, Facebook and LinkedIN or via email at Email: michael@ycombinator.com.