Things you should know if you're considering entrepreneurship as a career. Michael Seibel (MD@YC) shares his best advice for young entrepreneurs. This is recorded at Decode Tech & Innovation Conference 2019 (formerly BSCF), an annual conference based in UC Berkeley and Stanford.
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ABOUT MICHAEL SEIBEL
At the age of 23, Michael founded Twitch and developed it into the largest gaming broadcast platform (LoL, Dota2, PUBG, etc.). Later, he sold Twitch to Amazon for $1 billion.
At the age of 33, he became the MD and the first African American partner at Y Combinator, the largest startup accelerator that has incubated over 1900 startups and funded over 4000 entrepreneurs in the last decade. To date, the total valuation of startups funded by YC exceeded $100 billion.
During his career at Y Combinator, Michael mentors and invests in hundreds of startups including Airbnb, Dropbox, Reddit, Twitch, etc. Michael is an important mentor to Airbnb's founders and introduced the team to YC, which later proved to be the transforming point for Airbnb and set the company on the trajectory to become a game-changing unicorn. Over the past couple of years, Michael works closely with early-stage startups and help them find product-market fit in areas including Biotech, Aerospace, FinTech, and etc. Before joining Y Combinator, Michael co-founded Twitch (sold to Amazon for $1 billion) and Socialcam(exit for $60 million in merely 18 months). Before that, he was a Yale student who majored in political science.
ABOUT DECODE
DECODE (D/CODE) is a global, open community for ambitious creators and builders. We have our roots from Berkeley and Stanford as well as the tech and entrepreneurship community in Silicon Valley, where we hosted the largest technology and innovation forum, featuring speakers including founders and executives from Amazon, Apple, Facebook, Google, Netflix, Tesla and Zoom among others.
Over the years, we have hosted 10,000+ attendees and our community has grown to include students across universities including Columbia, Cornell, Harvard, MIT, UPenn, Princeton, and Yale, as well as professionals across Fortune 50 companies. At D/CODE, through our online and offline courses, conferences, and professional consulting practice, we are building a community for people to decode technology and innovation, as well as build ventures of the future together.
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