Sometimes, the little thing we do can make a lot of difference in how we pursue our career, and moreover, our life. The founder of Justin.tv and Twitch.tv, Justin Kan shares a similar course of events, where he says that all the credit for is success goes to his mother, and the way, she used to assigned chores to him and his brothers when they were little kids. According to him, the methods they opted for carrying out those daily chores, has helped him learn the art of leadership and build a $1 billion empire for him. Kan is one of the youngest entrepreneurs who has started their career in the early 20s, and with their innovation have left their mark on the respective industries.
Kan was born on 16 July 1983, to Chinese immigrant parents. He has two siblings, Daniel Kan and Damien Kan. Daniel is also a young entrepreneur who has found another $1 billion company Cruise. Kan’s youngest brother Damiem is a software engineer at Alto Pharmacy.
Kan is a graduate from the Yale University, where he received a double major degree in physics and philosophy in 2005.
Founding Twitch
Initially, Justin launched Justin.tv, where he started broadcasting every moment of his daily life live, with a video camera tied to his cap. The platform live-streamed of what he did on a daily basis. This way, a new word ‘lifecasting’ was invented. Within less than a month of him lifecasting, his idea became famous, and he was invited to a few interviews by the leading media of the country, to know more about lifecasting as well as his platform, Justin.tv.
Later, Kan realised the potential of this platform and relaunched Justin.tv along with his friends Emmett Shear, Michael Seibel and Kyle Vogt, in 2007, as an internet startup, in San Francisco, California. The newly launched platform allowed people to add their own channels to it, and live stream. The company raised a seed funding from Y Combinator as well as a Series A funding with Alsop Louie Partners and Draper Associates.
Justin.tv became a similar platform like YouTube but allowed the users to broadcast for free. By the mid of 2007, the platform had 60 registered channels, and by the month of August 2007, it started registering international users, including from Australia, Brazil, UK, France, Netherlands and Sweden, etc. Within a year from the inception of Justin.tv, the platform had registered over 30,000 broadcasting accounts.
In March 2008, the platform added various different categories, including gaming, which later, became the most popular category having earned most of the active users. This led Justin to build another platform dedicated to gaming live streaming and inspired by the term twitch gameplay, Justin founded Twitch.tv, on 6 June 2011.
In the following two years, Twitch was registering 35 million unique visitors every month, and by the end of 2013, the company had hired over 100 employees.
The increased popularity of Twitch.tv led to the rebranding of Justin.tv, Inc., the parent company for both Justin.tv and Twitch.tv, to Twitch Interactive, on 10 February 2014. In the same month, the recorded number of views on Twitch.tv reached over 6.5 million.
In May 2014, news of Google planning to acquire Twitch started making rounds, and Twitch discontinued its services with Justin.tv in August 2014, to solely focus on Twitch.tv.
On 25 August 2014, Amazon acquired Twitch Interactive for an amount worth US$970 million.
Other Ventures
On 7 March 2011, Kan launched another video social media platform, named Socialcam, that allowed its users to record and share videos, using their mobile phones. This startup was acquired by Autodesk on 17 July 2012 for $60M. On 29 February 2012, Kan founded a service out-sourcing platform, that let the freelance service providers charge $25 per hour for any type of service. Later, the startup was bought by Handybook.
In early 2015, Kan launched another startup along with his college friend, Ranidu Lankage, naming it ‘The Drop’, which is a music discovery platform.
In March 2014, Kan joined Y Combinator as a partner, guiding the new startups with their investments. After working for three years with Y Combinator, Kan left the company to found his own investment firm named Zero-F, in March 2017.
In 2017, Kan founded a full-service corporate law firm for high-growth companies, named Atrium, where he works as the CEO.
Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.