Justin Kan Net Worth

Justin Kan is an American entrepreneur and inventor with a net worth of $ 100 million. Justin Kan is the co-founder of the live video platforms Twitch.tv and Justin.tv. He is also the co-founder of the Socialcam mobile social video application. Kan is a partner at Y Combinator, a venture capital company.

American entrepreneur and internet investor Justin Kan has a net worth of $ 115 million as of 2021. Kan was a co-founder of the Atrium law firm, where he served as CEO. He is the co-founder of the Justin.tv and Twitch live video platforms as well as the Socialcam mobile social video app.

He tried to broadcast his whole life, which led to the term "lifecasting". He also founded The Drop, a Reddit-style electronic music discovery platform. Justin Kan is a co-creator of the TechCrunch news site. He holds degrees in physics and philosophy from Yale University. In 2012, he also launched the Exec outsourcing platform, which was purchased by Handybook in 2014. He launched his live channel 24-7 Justin.tv in 2007 and its broadcasting lasted for about eight months and closed in 2014. In 2014, Twitch was acquired by Amazon.com for $ 970 million.

Justin Kan Net Worth

Twitch raised over $ 45 million in several rounds of investment that greatly weakened the share of any owner. It was estimated that each of the four Twitch founders owned approximately 12.5% ​​of Twitch at the time of sale. This means Justin's pre-tax cut would be around $ 120 million.

Justin TV

In 2007, Justin Kan and partners Emmett Shear, Michael Seibel and Kyle Vogt started Justin.tv, a 24/7 live video stream of Kan's life, streamed via a webcam connected to his head. Kan was 23 at the time.

Kan's "life projection" lasted about eight months. The novelty of Kan's concept attracted media attention, and the resulting interviews with him included one by Ann Curry on the Today Show. Viewers followed Kan as he walked the streets of San Francisco, sometimes involved in both pre-planned events (trapeze class, dance class) and spontaneous situations (being invited to the local Scientology center by a sidewalk recruiter) .

Justin Kan Net Worth

Later, the company transitioned to providing a live video platform so that anyone could publish a live video stream. Justin.tv, the platform, launched in 2007 and was one of the largest live video platforms in the world, with over 30 million unique users every month.

Justin.tv closed on August 5, 2014, in an effort to further focus on Justin.tv's parent company, Twitch.

How did Justin Kan get so rich?

As an investor and entrepreneur who started thriving businesses and social media apps or platforms, the Twitch co-founder became a millionaire. In October 2006, Justin began working with Kyle Vogt and other investors on their first major project in San Francisco, California. They officially founded the live video platform Justin. tv in March 2007. The project was an online community used by people who broadcast live. As of August 2014, the total funding amount was more than $ 29 million.

After the live streaming platform of the same name failed and ended abruptly, Justin Kan began working on a spin-off. In June 2011, he created another platform dedicated to live streaming of games: Twitch. In just two years, Twitch quickly became one of the most successful online platforms, attracting 35 million monthly visitors and employing over $ 100 in employees. In August 2014, it was acquired by Amazon for more than $ 970 million. Since moving from Justin.tv and Twitch, he's turned to other business ventures that helped him make more than $ 100 million.

Why Justin Kan so famous?

Justin Kan became famous instantly after working with fellow entrepreneurs to create the Justin video sharing platforms. TV and Twitch. He was born on July 16, 1983 in Seattle, Washington. Justin has two brothers: Daniel and Damien Kan. Daniel is also an entrepreneur who co-founded the billionaire company "Cruise". Damien is a software engineer at Alto Pharmacy.

He attended Evergreen High School in Spokane, Washington. After graduating from high school in 2001, he enrolled at the renowned Yale University. In 2005 he graduated with a BA in philosophy and physics. Long before he graduated from Yale University, he began his entrepreneurial career in early 2003. He met Emmet Shear, his fellow student from Yale, with whom he started his first project: an online calendar app called "Kiko". The company received more than $ 70,000 in funding from its investors and was later sold on eBay for $ 260,000.

Justin Kan Net Worth

What makes Justin Kan so successful?

What makes Justin Kan so successful is his many investments in projects that have helped him become a celebrity and a millionaire. One of the entrepreneur's first projects is “Socialcam”, a social networking platform that enables its users to record and share videos on mobile phones. The platform was launched in March 2011. The startup was taken over by “Autodesk” in July 2012 for 60 million dollars. The following year, in February 2012, he founded another platform that helps freelance service providers that was bought by Handy book.

Since 2015, the investor and entrepreneur has been constantly launching several platforms at the same time. That year he founded The Drop, a music discovery platform focused on electronic music. He also joined the company "Y Combinator" and accompanies new startups and investments as a partner. He stayed with the company until 2017 when he founded his own investment company "Zero-F". In July 2016, he worked with James Zhang, Vic Alexander and Ranidu Linkage to launch the social media platform Whale, which enables users to interact with celebrities and public figures through question-and-answer meetings to interact. Also in 2017 he founded “Atrium”, a law firm for high-growth companies, where he currently serves as CEO.