Justin Kan is a 35 year old Entrepreneur and investor based in America best known as the co-founder of ‘Twitch.tv’ and ‘Justin.tv’, two live video chat platforms. He is also the developer of ‘Socialcam’, which is a mobile video application. He is somewhere or the other the reason for the popularization of the term “lifecasting” after he attempted to broadcast his life on ‘Justin.tv’. Let’s delve more to know the latest current facts and figures associated with Justin Kan and his actual net worth in 2019. Keep on reading!
Justin Kan was born in the year 1983. His place of birth is Seattle, Washington, U.S.A. He was always a bright student and after passing out from high school, he went to attend Yale University. He got his degree in physics and philosophy after graduating from there in the year 2005. His interests, in education and otherwise as well, are quite contrasting yet intriguing. After the big deal with Amazon, in which he sold ‘Twitch’ for $970 million, he became a prominent internet and tech entrepreneur in the Silicon Valley. He has been living in San Francisco for the past twelve years in the posh Duboce Triangle neighbourhood with his fiancee and two brothers.
Justin Kan started ‘Justin.tv’ in 2007 with his other three partners- Michael Seibel, Emmett Shear and Kyle Vogt. It was a live video platform firstly used by Justin himself to broadcast his life live for the entire world to see with the help of a webcam attached to his head. People could see him travelling in San Francisco, visiting various events and hanging out with different people. It was one of its kind and until then nobody had dared to venture in that department. The project garnered quite some attention and the company launched a live video platform in 2007, so that the common mass could broadcast parts of their lives.
The company saw an incoming of more than 30 million various users every month making ‘Justin.tv’ one of the largest live video platforms. It was shut down on 5th August, 2014 in order to focus on its parent company called ‘Twitch’. When ‘Justin.tv’ grew, it differentiated its content in order for it to be an organized and easy experience for the user. All the content was divided under tags, like social, tech, sports, gaming etc. Gaming was the most popular option and hence, it was decided to make an individual site for the gaming content, which is why ‘Twitch.tv’ came into origin and was launched for the general public on 6th June, 2011.
Justin’s biggest deal came in from Amazon when the company bought ‘Twitch.tv’ for $970 million. Justin is also the developer of ‘socialcam’, which is a social video application for both iPhone and android. It came out on 7th March, 2011 and was cancelled on 28th October, 2015 by Autodesk. Justin Kan partnered up further with his brother, Daniel Kan and a Stanford graduate, Amir Ghazvinian, for Exec, which is an errand service launched by him on the 29th of February, 2012. The company was sold to HandyBook in January 2014. Apart from these, he is further connected to many more such companies and services thus, making him an ever expanding entrepreneur.
Awards & Achievement
● Founded Kiko, first web calendar to grace the internet.
● Founded Justin.tv, a first one of a kind live video streaming platform.
● Founded Socialcam, a first one of a kind live mobile video sharing platform
● In 2012, Justin Kan sold off Socialcam to Autodesk for $60 million.
● Founded Twitch, a first one of a kind video game streaming platform.
● In 2014, Justin Kan sold off Twitch to business giant Amazon for $970 million.
● For the duration of his time at Ycombinator he funded more than 130 start ups and aided in the development and branding of over 900 companies.
Net Worth of Justin Kan
Justin Kan’s business endeavors have established him as a Silicon valley mogul. His personal assets include his investments and his startups. Justin Kan’s current net worth is $1.2 billion.
Justin Kan’s story is an inspiration for all. A first generation Chinese American, he has truly paved a way for immigrant families. His artistic entrepreneurial endeavors coupled with his investing skills has set his name up in the entrepreneurial Hall of fame.