Who Is Michael Seibel? His Net Worth, Family, Education & Facts

Published Date: 16 Jun, 2020 Updated date: 16 Jun, 2020 By Daniel Roffer

Well Michael Seibel has now become the first Black board member in Reddit’s history. After the resignation of Reddit’s co-founder Alexis Ohanian, the company replaced him to “add more diversity.”

Michael Seibel is an American entrepreneur, who serves as the CEO and a partner at an American seed money startup accelerator Y Combinator. He is the co-founder of two startups – Justin.tv/Twitch and Socialcam.

Michael Seibel’s Early Life, Education

Michael was born on 7 October 1982 in Brooklyn, New York, United States. He is was raised by young working African-American parents along with his siblings. Little much is known about his family as one of his brothers is at Massachusetts Institute of Technology (MIT).

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Earlier Seibel attended an expensive private school in Brooklyn. He did his high school in New Jersey after his parents moved there. After high school, he went to Yale University in New Haven, Connecticut. There, he earned his BA in political science, graduating in 2005.

His Career Highlights

After graduation, Michael worked as a finance director for Kweisi Mfume for the U.S. Senate until November 2006. Moving to Silicon Valley, he co-founded Justin.tv, a live streaming platform along with Justin Kan, Emmett Shear, and Kyle Vogt. He served as CEO of the company from 2006 to 2011. Afterward, he launched a social video-sharing app, Socialcam, and sold to Autodesk for $60 million in 2012.

From January 2013 to October 2014, Seibel was a part-time partner at Y Combinator. He then became its first African-American partner. Besides, he advised hundreds of startups including Airbnb.

Became The First Black Board Member Of Reddit

On 10 June 2020, Reddit announced that Michael will be joining its board of directors as its first Black member, after the resignation of Reddit’s co-founder Alexis Ohanian.

Well, Alexis decided to step down as a board member of his company on 5th June 2020. Similarly, he urged his seat to be filled with a black candidate in support of #BlackLivesMatter.

How Much Is Michael Seibel’s Net Worth?

There’s no doubt that tech entrepreneur has accumulated net worth in millions. Meanwhile, Amazon bought his company, Justin.tv, now called Twitch for $970 million in August 2014. Likewise, his other venture Socialcam was sold to Autodesk for $60 million in 2012.

Seibel resides in a lavish apartment located in the South Beach neighborhood of San Francisco, California.

His Marital Status, Wife

The 37-year-old does not speak much regarding his personal life. However, it is known that he is a married man and the father of a son.

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Well, Michael has been married to a lady named Sarah for several years. Moreover, the couple has a son named Jonathan Seibel.

Some Interesting Facts About Michael Seibel

  • In 2016, Michael became the CEO of Y Combinator Core, which helps to execute Y Combinator’s plan to wind down fellowships and to start a MOOC that serves as an open-to-anyone.
  • His favorite city to visit is New York, to eat is in San Sebastian, Spain, and to live is in San Francisco.
  • When not working, he loves cooking and traveling around various places.
Category: Celebrities