Podcasts about socialcam

In this episode, Guillaume Luccisano, founder of Yuma AI, shares his journey of building his third startup. Yuma AI is revolutionizing customer service automation for ecommerce businesses, specifically large Shopify merchants, by leveraging cutting-edge AI technology. Before launching Yuma, Guillaume was an early member of Twitch (formerly Justin.tv) and went on to co-found Socialcam, which was later acquired by Autodesk. From 2015 to 2021, he was the co-founder and CTO of Triplebyte, a company that also went through Y Combinator. With a deep background in startups and a keen eye for innovation, Guillaume has invested in over 70 startups, continuously seeking the next big idea. Host: Jake Aaron Villarreal, leads the top AI Recruitment Firm in Silicon Valley www.matchrelevant.com, uncovering stories of funded startups and goes behinds to scenes to tell their founders journey.  If you a are growing AI Startup or have a great story to tell, email us at: jake.villarreal@matchrelevant.com

Pour l'épisode de cette semaine, je reçois Guillaume Luccisano, le CEO et fondateur de Yuma.Yuma est une solution innovante qui automatise le support client grâce à des agents IA autonomes, principalement pour les e-commerçants mais aussi pour des commerces traditionnels. Ces agents, équipés de technologies avancées comme les LLM (Large Language Models), permettent de traiter automatiquement des tickets de support avec un niveau de précision et d'efficacité qui réplique celui d'un humain.Au cours de cet épisode, Guillaume revient sur son parcours entrepreneurial impressionnant. Après ses débuts comme ingénieur chez Justin.TV (devenu Twitch), il a cofondé SocialCam et TripleByte avant de créer Yuma. Il partage également son expérience unique avec Y Combinator (YC), l'un des incubateurs de startups les plus prestigieux au monde. Guillaume a participé à YC à trois reprises, une première pour SocialCam, puis pour TripleByte, et enfin pour Yuma. Il explique comment YC offre bien plus qu'un simple soutien financier, en créant un environnement où des entrepreneurs brillants se challengent mutuellement, tout en profitant des conseils de partenaires expérimentés.Nous avons exploré les débuts de Yuma, la transition d'un simple copilote à des agents autonomes, et les défis liés au développement d'une solution basée sur l'IA. Guillaume décrit aussi comment YC a aidé à structurer et accélérer la croissance de Yuma, notamment lors de la levée de fonds. Enfin, nous avons discuté du futur des agents IA et de l'impact de ces technologies dans de multiples industries.Vous pouvez suivre Guillaume sur LinkedIn et Twitter.Bonne écoute !Mentionnés pendant l'épisode :Y Combinator (YC)GorgiasOpenAIPour soutenir SaaS Connection en 1 minute ⏱ (et 2 secondes) :Abonnez-vous à SaaS Connection sur votre plateforme préférée pour ne rater aucun épisode

This week, I'm running back an interview with another one of the most popular episodes we ever did with KevOnStage from early 2022. KevOnStage (Kevin Fredericks) is a comedian, producer, director, and entrepreneur behind KevOnStage studios.  Today's episode talks about how he built an independent brand that really paid off his hard work. He established a solid fan base, had millions of followers on social media, and monetized these platforms by producing his hilarious viral content, a total blast in the mainstream.Listen as we talk about what's going on in his business and his independent success, turning rejection into a massive opportunity to be where he is now.Episode Highlights[01:56] What KevOnStage is currently working on[04:49] His take on more black content going in the mainstream[06:53] KevOnStage's motto, his marketing strategy, and business goals[11:57] What it's like to have autonomy in his brand[19:08] His thoughts on artists knowing their audience and dealing with critics[21:30] What's the process from the stuff put out on socials versus onstage[25:24] How does he approach his game using different social platforms[32:38] What's something beyond just the monetary gain that makes him want to continue to feel inspired to create content[35:13] His opinion on creators who are a one-platform-dominant[38:21] Where does his most lucrative income come from [41:57] How he diversify his content to own the media and make his brand stand out[45:51] What would he like to be doing more of[51:28] KevOnStage's new content to watch out forListen: Apple Podcasts | Spotify | SoundCloud | Stitcher | Overcast | Amazon | Google Podcasts | Pocket Casts | RSSHost: Dan Runcie, @RuncieDan, trapital.coGuest: KevOnStage StudiosThis episode is sponsored by DICE. Learn more about why artists, venues, and promoters love to partner with DICE for their ticketing needs. Visit dice.fmTrapital is home for the business of hip-hop. Gain the latest insights from hip-hop's biggest players by reading Trapital's free weekly memo. TRANSCRIPTKev: So, sometimes partnering is great, sometimes licensing is great, sometimes selling is great sometimes. A good business person takes the best deal for what they need to get done.(intro)Dan: Hey, welcome to the Trapital Podcast. I'm your host and the founder of Trapital, Dan Runcie. This podcast is your place to gain insights from the executives in music, media, entertainment, and more who are taking hip hop culture to the next level. Today's guest is KevOnStage, the comedian, producer, director, and entrepreneur behind KevOnStage Studios. I've been following KevOnStage for years now. I think he's one of the funniest people on the internet so it was so good to have this conversation. We talked about how he's built his business and everything that he has done from how he creates content, how he thinks about what platforms he prioritizes, how that then provides insights for what he creates for his longer form content, what gets created from KevOnStage Studios, and, ultimately, the type of opportunities that he can offer for other creators and other entertainers that want to do, in many ways, largely the type of thing that he's done. And we talked about where his streaming service sits in this ecosystem of the Netflixes and the Hulus and, in a lot of ways, even though those streaming services may have their black voices tabs, that's not quite the type of content that is what Kev is making so he's really finding his niche, doubling down there, and how he uses the insights from that to infer what gets made, that is how many creators have been very successful so so much of that is very relatable. This is also probably one of the interviews I've laughed in the most. He's hilarious, like I said. This is a great conversation. I really hope you enjoy it. Here's my chat with KevOnStage.(interview)Dan: All right, we got my guy KevOnStage here. Kev, you are one of the busiest people that I'd seen from 2021. Now we're next year, man. How you feeling? Fresh year, how is it?Kev: I'm excited, man. We've got a lot of new things we're working on. I'm really excited, man. It's always fun to be at the beginning of a project, not knowing where it's going or how far it may go and that's kind of where I am now. All the things I'm like, “Oh, soon as I get back, soon as I get back, I'm gonna start working on that.” That time is here now so I'm really excited.Dan: That what's up. Because I feel like for you, you got a few things that are already in motion that have been working well. Your content's good. You got that machine going. But the Studio, I feel like that's the really exciting thing that's been growing.Kev: Listen, man, I'm working on my own flywheel, okay? Westbrook, they got their flywheel, fast IP, that was the best graphic I've ever seen that you made. Dan: Oh, thank you. Kev: I was like, “This is what I wanna do. I wanna do everything from Instagram videos to selling shows.” So, you know, and they all have their own value so that's what's exciting. I have the same amount of joy from making a funny reel like I posted of Angel falling in the challenge show, it was just — I spent 20 minutes on that, really just getting the fall right. And then I came here, you know, I went on location scout right before I came here to this new show we're working on and then this podcast, like they're all exciting for different reasons so I'm trying to enjoy it all. Dan: Yeah. I think the cool thing with that, you get to wear multiple hats and I know, with this, there's a number of things that interest you about this, right? Like you enjoy comedy, you have that piece, but I also know that you like to put people on. You wanna use your platform to do that. So I feel like you being able to wear each of those hats and do those things gives you that opportunity to provide all of that.Kev: Absolutely, man. I think there's the old saying of the church, “We're blessed to be a blessing,” and that's kind of what I wanna do. People have given me opportunities, partnerships with, you know, people have helped lift me, and I just wanna pass along the same thing. For me, my platform isn't about me shining alone, you know what I mean? I tell my friends all the time, I want us all in the gated community. One things I used to do at all deaths that I found a lot of joy in was give people their first great reel or first time directing or whatever and I found that I had as much joy doing that as making somebody laugh. And KevOnStage Studios is really just a more expensive version of that. So, we wanna give people their first time PA-ing or help you get into the wardrobe union or makeup union. It's hard for black people to get into those places but we need black people in those spaces so that's kind of what we're working towards doing. And then even simple things like our editor, one of our editors likes improv so it's like, “Hey, you wanna be in an episode?” Things like that are great too because I want people to be able to scratch their own creative itch and that's kind of what my passion is. Dan: What I like about KevOnStage Studios is that, sure, I think there's a lot of attention right now with, “Oh, there's so much black content out there on your Netflix,” your this and this, but what you're doing is like you're saying, that's true to an extent but it really isn't true for a lot of the people that I think could have the opportunities to be put on in this era.Kev: Yeah. I was just watching Abbott Elementary this morning where I was shaving and I was just like, man, this show is amazing, and to see somebody like Quinta Brunson who — my first time seeing her was on Instagram. Her “Girl who's never been on a nice date, a large, he must got — he got money. He could —” like from that to a network sitcom. And even shows like South Side, which I don't know their story as much, but the show is amazing, that's great. But then there's a lot of creators who have those similar ideas and absolutely no path to HBO, Comedy Central, ABC, Netflix. Even me, like I've pitched to a lot of people and I had a lot of, “Uh-huh, we'll circle back.” And, you know, that was 2018, '19, you know, pandemic killed off anything I had going in Hollywood so I want to be that same network for people who can't get all the way to Hollywood, you know, like here's your chance to get to, you know, Hollywood adjacent — North Hollywood, if you will. You're right over the hill, you just — you know, it's cheaper in North Hollywood. You know, there's more taco trucks, you know? And your number 15 minutes of real Hollywood, you know, that's what KevOnStage Studios, it's the North Hollywood of Hollywood. We're right there. We're right there. But it's a one-bedroom washer and dryer stacked, you know?Dan: Exactly. Kev: That's a leg up from having to go to a laundry mat. Dan: Yes, that's true. It's true.Kev: Stackable's good, man. I'll take a stackable.Dan: Right, right. It's one of those things, right? It's like location and all that, you can't pick everything with these things. You can pick two, and, Kev, you're gonna give them two.Kev: Laundry is a huge plus. Location and a stackable, I'm like, “Bet, let's do it.” Dan: Well, I think the good thing with it is that — because I know in past interviews, you've talked about, hey, with this model, this is something you wanna provide the opportunity. But from a business perspective, I know that it's not something that you necessarily need like a ton of subscribers to reach some point or you're not trying to reach like Netflix scale necessarily, it's something that can sit beside that. But with that, I'm sure you also have goals from the business side as well as the impact side with the service. So, what does that look like from a streaming service perspective?Kev: Yeah, that's a great, great question. It's like — I heard this example somewhere. They're like, you know, somebody's saying you're not gonna beat Walmart at selling everything at a low price, right? They're gonna beat you if you're starting out. What you can beat them at is selling a lot of one thing, right? Because they sell so many things for a low price, they can't sell a lot of any one thing so they're gonna have, you know, maybe one or two black shaving kits, maybe Bevel and maybe one other thing. If you have a black beauty supply store, people are gonna be like, “Well, Walmart doesn't have what I'm looking, here I can go get some weave, you know, a do rag, I can get Bevel, I can get seven other, I get essential oils, I can get Dixons,” you know?So that's our motto, like we're not — Netflix has an $8 billion content budget. They made Squid Game to Red Notice with the Rock — we can't compete with that, right? But they don't have black people learning how to play spades. They don't have that video. They don't have, you know, the Real Comedians Challenge Show, they don't have things like that, right? So we wanna over serve a population that is being served by Hollywood but it's not the primary focus, you know what I mean? Right now, we're in an area of, we're sorry, black people Hollywood, like, man, we really discriminate against you guys for a long time and you guys caught us out on it. So we're reaping the benefits of all that, you know, time where we weren't, you know, getting our just due. But even then, there's still so many other shows that can't be made to this audience and that's kind of what we wanna fill. We wanna make stuff for black people who don't see themselves on Netflix, you know? This church show that we're working on, you know, is for black people who grew up in the church from a point of view of somebody who also grew up in the church and worked in the church, like if you grew up in the church like me, you know, there's never really been a true church show from people who grew up in there. There's people who attended but not people who like worked in ministry, and Netflix might not see the value in making a show like that and that's where we come in, and we wanna serve that audience. All that content where they can't get it on Netflix. And also I'm not even saying you don't have to have Netflix, like I ain't gonna lie to you, Dan, I watch my Netflix, I watch Hulu, HBO Max, like as a consumer, there's stuff that I wanna watch too, like Game of Thrones one through four. Dan: Yeah, one through four. One through four.Kev: One through four. Insecure, like all those shows. Of course we're not even here to say “Don't watch Netflix” and “Boycott Netflix” like I won't even ask you to do that because I'm not gonna do that. But, you know, sometimes you want a nice steak dinner at a five-star restaurant, sometimes you just want a taco truck, you know, and you can't get that experience. When you really want a street taco or the corn man selling elotes, you know, a big steak dinner is not gonna do it. So that's all we wanna be, man. We just a little taco truck on the street, man, just pull up real quick, get you three little tacos, you know what I'm saying? Some Jarritos and a little elote and go on about your way. You're not gonna bring your wife here to propose to her. But if you're in between work, you know, this Kevin taco, that's KevOnStage Studio, just a little street taco place on the side.Dan: Right. And then with Netflix too, that's the place that has all the good ratings of the people that know what's up.Kev: And that's the thing. You know, somebody gotta tell you about this place. “Hey, man, you gotta go over there. Trust me.” And when you — and that's kind of how we're growing, right? We don't have the marketing budget like Netflix, right? When Netflix came out, yet get three months free, a year free. They had billboards and buses in Times Square. We don't have that.Our thing is like, “Yo, there's this funny show on this network called KevOnStage Studios, you gotta check it out.” Or you see a funny clip on TikTok and you wanna see the rest of the video, that's our marketing right now. Word of mouth, your boy telling you, your girl telling you, or you seeing a clip and you wanna see more.Dan: Right. I think I heard you made the analogy once of the Sally's Beauty Supply as opposed to, you know, what you may see at the traditional place like a Walmart, right? And I think even with that, it's like, you know, from a haircare perspective, you know what, yeah, Walmart may have that can of Sportin' Waves but I may want something a little more serious if you wanna make sure the wave's spinning, right? You gotta get something a little —Kev: Absolutely. They might just have Sportin' Waves but they're not gonna have Murray's, they're not gonna have Sulfur8, Just For Me, they might just have one thing. And that's kind of, yeah, that's exactly what we wanna do here, man, and we're having a good time doing it.Dan: That's great, man. That's great. I think that, in a lot of ways, like we were saying before, that's how you identify the elements of your flywheel and where everything sits and how you're able to foster not just your platform but the other opportunities and what I think it does at the end of the day, it narrows in, okay, what is the KevOnStage brand? What does it stand for? And what type of opportunities you can create from that? Because I feel like with you specifically, you've now kind of hit this mode where I know you mentioned that, you know, you were knocking on the door of many folks in Hollywood or anywhere else and they weren't necessarily letting you in, but now I feel like you're kind of at this stage where you are doing well for yourself given everything you've built up independently.You're now able to leverage things. As you mentioned yourself, you got that Maserati, like you're — like you're showing from that perspective, right? But you got those things. I'm curious, though, because I know that — and as you know, definitely you have broken down a lot of the levels of what creators are and the creator economy and all those things, at this stage, you really do have the autonomy if you wanted to, okay, at this stage, would I wanna ever do some type of partnership or deal with one of these bigger distributors that are always trying to offer comedians or creators like yourselves the serious bag, but I'm curious from your stage right now, like is that something that would still entertain you? Like is that something that you would ever do?Kev: I thought about it and it depends and I'll tell you why. One of the best parts about being at KevOnStage Studios and not having to answer to a network is not having to answer to a network. If I wanna make a show, if I wanna cast whoever, no name or whatever, I don't have to have anybody else say yes, you know, or no, right?One thing is, you know, I learned when I shot my first pilot that a network paid for, when they pay for it, what they say goes, right? So in this instance, they were like, “Take this joke out and this joke out and this joke out,” during the notes process and then when we shot it, they're like, “This isn't funny. This is not landing. We don't think black people are gonna get this” so we took all that stuff out, even though we were fighting for it, at the end of the day, they won because we were small and we didn't have as much power in the room, and at the end of the day, they passed on it because they said it wasn't funny enough. We were like, “Well, you took everything funny out. How could it be funny?” So, you know, when you're first starting out, the network has all the power because I'm not Denzel or Shonda Rhimes. If I got an opportunity, they're gonna tell me what it is, and fight as I may, it's gonna be what they say. But here, we can make what we want to make and I think that autonomy is very freeing and it allows me to make what I know is good and funny. Like one of the things that I pride myself on is knowing my audience and what they will like and all that stuff. And, you know, even when I do like brand deals, you know, especially early on, I would have less power and I would have to basically say whatever the brand said and it would come out corny, and I'd be like my audience would hate it and they could smell the fakeness from a mile away. As I've grown. I've been like, “Hey, I'm gonna tell you right now that's not gonna work. Trust me, let me do it this way and it always goes over better.” So, in that instance, I love the autonomy. However, if we were able to partner with someone, it allows us to make things at a greater scale and provide more opportunities for other people and do things a lot easier. You know, everything we do now, we gotta figure it out, you know, when your mom came home, the kitchen bare, the cupboard's bare, she's like, okay, we got two chicken thighs, some corn, you know, some breadcrumbs, make something work. That's where we're at, you know what I'm saying? At the end of the day, you're like, “Hey, low key, that was kind of fire for what we had,” but you'd also love to just go to the grocery store and get everything you want. So, right now, I'm loving the freedom, but as we grow, I wouldn't say no to an opportunity to do more and maybe employ more people for certain projects. I don't think there's ever a world where everything I do, I answer to somebody. I always want to be able to create something that I want to create without having to answer to anybody. But, you know, if Warner Brothers said, “Kev, we're gonna offer 140 million to develop some stuff,” well, yes. Yes, I would — I'll take a little 140 mil, yeah.Dan: Right, right. And that's the thing, right? It's like you have the clear strategy and from an overall perspective, it sounds like, hey, I know that overall deals are the wave, that's not necessarily what I'm looking for. However, if that number is right, I'm not gonna not have the conversation. We're going to talk about itKev: Absolutely — like look what Tyler Perry did, right? And I've watched his career and tried to mimic it to the best of my ability, which I haven't done that well yet. But, you know, still working. But, you know, he leveraged the early Lionsgate deals into his own pocket, like, you know, he partnered with them and they were able to finance those movies and he did X, Y, Z, boom, boom. And then the capital that he got from that, he was able to finance his own shows. So sometimes, partnering is great sometimes, licensing is great sometimes, selling is great sometimes. A good business person takes the best deal for what they need to get done, right? So I wouldn't say that, you know, part of our business model is if I can make a show, you know, at our margins and I can license it to you in the first window, I can make a great margin there and now I've done two things, I've made the show and I made the show I want and I might, you know, right now, there's a lot of, you know, places that have more distribution than we do so if you wanna take it off our hands, we made our money back and you wanna, you know, stream it, then you've just introduced a lot more people to KevOnStage Studios and they can come back to the app and watch the other stuff we've made. So that's definitely part of our plan and that would help us make more shows. So even if we sold that one and they own the rights to it, I wouldn't cry because we can make eight more shows with what we sold that one for. So it's about making the right business, you know, choice at the right time and not being like, “I wanna own it all,” like, I mean, obviously, I wanna own it all but that also comes with its own risks, which means you have to finance it all. And if it sucks, you've lost everything, you know? Everything you spent. So that's a risk that you don't want to have to take every time, you know? Sometimes, you wanna take it when it's near and dear to your heart, but not — every time? You wanna reach into your own pocket every time? You know? Not every time. So, yeah, we're always keeping our options open to the right partnership whenever that may come.Dan: Yeah, I think that's the healthy and best way to look at it, because as both of us, people that spent a lot of time on Twitter, we know how big — everyone wants to own everything, right? But until you're actually in it, you don't realize how much nuance there is with all of that and I really look at these things as a spectrum, as you do, and I think the best people have a mix of both of these things. And like you said, I know that, you know, you mentioned Tyler Perry as a model, the same way that you know how to create this content and do it at a way it's affordable, that's essentially what he did with like Meet the Browns, right? Boom, let me go sell this to TBS and now we got cable distribution for however many years, you know, he's been doing that.Kev: Absolutely, and hardly anybody in Hollywood could shoot at the rate he shoots at. So his margins are much lower than a traditional network or even cable. So I mean, you know, Tyler, you see articles, they shot 20 episodes in six days —Dan: Wild.Kev: — nobody would even attempt that, you know? And BET was like, yeah, we'll take more. We'll take whatever you got. So, for him, he knows his audience, he knows his business model, he knows it works. Critics don't stop what he's doing. And the numbers reflect that he's doing the right thing. People criticize, come what may, but when them numbers come out, people are watching. So that's one thing I've been thinking a lot about is like, especially if you're on Twitter a lot, everything sucks, everybody hates everything, there's nothing good, everybody's wrong. But at the end of the day, somebody is watching that. So, you know, we'd be on Twitter trashing everything but somebody likes that show and they're watching it weekly. So, Tyler's learned to focus on those people who are enjoying it and tuning out people who don't enjoy because they're not — they don't help his plan and that's kind of what we're doing here. Like we're not trying to make everything for everybody. We're trying to make a lot of stuff for the people who want to watch it. And then you grow, the same thing Tyler did, you have your base, you cater to that base, and you grow that base.Dan: Yep. Kev: And if you do that, I mean, that's tried and true. Like we were talking about earlier, you don't need a lot of followers, you don't need a whole bunch of people. You need people who are really excited and who want to come to your live show and buy a t-shirt, to support your Patreon, and get your app, you know? There's so many creators with millions of followers but not a lot of active fans so when they try to go on tour or sell a t-shirt, people are like, “No, man, we don't — we're not — you know, post the thing on Instagram I like.” Dan: Right.Kev: But I wanna do this. No, no, no. So I learned a long time ago, it's better to have 500 really active fans than 5 million people who kinda like your stuff.Dan: Definitely. And I feel like, with you, you've been able to see that in real life, like you are going on tour, you're seeing these people in person, you're getting all those reactions too. And you mentioned earlier about just insights and you being able to see what works and what doesn't and I wonder, how much of that is based on just the feeling of, “Okay, this piece or this post really took off and then I'm gonna try to incorporate that into something,” or how much of it is also, you know, data driven as well where you're looking at things, you know, precisely and you're like, “Okay, like if I'm spending this much time here,” what's that process like, you know, from the stuff you put out on socials versus what you may do on stage?Kev: That's a great question. For socials, the one thing I've learned about the internet is I don't know anything about the internet. What goes viral? What works? Man? My best TikTok is me holding my son's dog and talking about how black people —Dan: Oh, does your dog know if you're black? Kev: Does your dog know you're black? If you're Mexican, does your dog know you're Mexican? If you're white, does your dog know you're white? That didn't take a lot of thought. I literally was at home and he was about to get into something, I was like, and then I was like, I wonder if he knows that means stop in black, you know what I mean?And then I wondered if a Mexican family has their own version of that. I just threw that up and it had — it's got like 2.6 million views on TikTok. That is not the funniest video, it's not the most relatable, it didn't even do that well on Instagram or Twitter or whatever. I just throw it up against the wall. I let the internet decide what's funny or not and I know some things tend to do well more than others. Any culture messing with black food in a way that's not traditional, you mess with macaroni and cheese, it's gonna get a lot of views, right? But, you know, I was making a lot of those food videos and then people were just — like I was getting every food video so I was like, okay, as a creator, even if it does get a lot of views, I don't wanna be the food guy and I don't wanna keep making the same video. So, part of my strategy is I make something that is funny, make something that's relatable, or make something that I just think is funny. Or if I got nothing of that, then I'll share another creator who's funny. There's been some days where I'm like, “Man, I don't feel funny today,” and I'll see somebody else's video, I'll be like, well, let me just share their stuff because there's nothing I can do that's as funny as this. So, you know, and I share and tag them and then I'm like, even if I didn't make something funny, I fulfilled my promise to introduce you to new creators. So that's kind of my strategy. And I just also am very consistent. Even if I don't think the video's great, I still post it because what's great to me and what's great to somebody else is very different. I've had a lot of videos that I think they're hilarious that did absolutely nothing. And a lot of them, like my dog video that I didn't think nothing of and just threw up, that went viral. Like I made this waffle house video probably four or five years ago, I mean, I was on my way to work, I was like, you know, I saw this article, it said Waffle House is dirty. And I'm just like nobody who eats at Waffle House cares about that. Dan: Right.Kev: We know. That video went stupid viral. I mean crazy. And I didn't even — it took less than 5 minutes total. Shoot, edit, post. And I did it — I wouldn't advise this but I shot the whole thing on the freeway. I was driving to work, I always had my phone in my rearview mirror thing, hit record, said what I had to say, turned it off. When I got out of my car, I edited it, put the article next while I was walking to work. That thing went crazy. Didn't think nothing of it. Just threw it up and so many people, that's how they got introduced to me. So, you know, what do I know? I've been doing this 10 years now pretty consistently. So many things went viral that I would have never done. And, you know, that's the nature of the internet.Dan: Right, it's like you know that there's generally a type of content you put out that's going to work, you put it out there and you just know that something's gonna hit. It may not always be what you think is gonna hit, but you put it out there, for sure.Kev: Absolutely, man. Let the people decide what's fun. I mean, I did one video where I was yelling at my son, I use the term loosely, 'cause he had gotten good grades. It did like 7 million views on Twitter, 6, 7 million views, and I was just like, kids, puppies, they're gonna work every time. So, you know, I try to exploit my dog while he's still small. I don't exploit my children as much. But the dog, he don't even know how many videos. He does well. He's earning his keep in the Fredericks household. Dan: One of the things I also, you know, like about how you approach your game is that you look at each social platform differently and you also know how to move to things, right? Like you know that Twitter is quick. You're gonna — that's gonna be the one that's most current about things. But I know you've also put a lot more time into TikTok and just given, I think we saw the recent stats that TikTok, people spending more time on that now than Google, you know, you gotta be early on a lot of these platforms to rise. But there's also things like Clubhouse, for instance, where, you know, I think things rose and then, you know, it dipped and I'm curious, how do you approach that? Like do you know that there's certain ones where you're like, “Okay, there's something here, let me double down here,” like what's your method for that type of thing?Kev: You have a lot of good questions, man. This is why you — you should do a podcast, maybe a newsletter as well about hip hop and entertainment. What I try to do, one of my, you know, things that I've noticed works well is using a platform how that platform was designed to be used. So Twitter, the best thing is tweeting, like writing, like writing out funny tweets, whether you're trending, relatable, whatever. I post my videos — the only reason I post my videos on Twitter is because people would rip my videos and post — because videos didn't do well on Twitter for me for a long time and the only reason I posted on there now is because people would rip my videos and post them and they'd do better on Twitter than I ever would have thought,so I was like, well, nobody's gonna be getting them if I'm not gonna get them. But as far as TikTok, I always try what's new incoming. I've tried, I mean, Vine. You want to talk about the worst creator ever on Vine? Kevin — I mean, I couldn't get Vine to work for nothing. I made a Vine one time, Dan, and I'm lucky you can't find it. And I was like making toast and I put a piece of bread in the oven and then the Vine cut and I had like half a second left and I was like, “Burnt,” and it was just a piece of burnt bread. And I was like, I don't — I'm gonna stop doing this. This is literally the worst Vine ever. I tried Socialcam, Periscope, Clubhouse, spaces, Fleets, Stories, Snapchat. I've tried everything. Part of it for me is like, let's talk about TikTok, for example. TikTok was a new — there were so many fun ways to edit on there, editing was more seamless, they had all those backgrounds. So, as a creator, it was just fresh. But anytime children are using something, the user base is gonna grow. And I think TikTok used to be Musical.ly and I remember my niece was on Musical.ly a long time ago so my strategy is always dip my toes in the water, see what works, find out how that platform works specifically. I realized what I learned about TikTok is you gotta be even quicker than other places on TikTok. I'm talking about people are scrolling like almost like this. You got like maybe 6, 7 seconds on Instagram, you got like 2.3 on TikTok and you can buy 3 seconds if you put the caption. It took me a long time to realize you had to write the caption on the video because people are not looking down to, I believe it's the left to see what you're saying so you gotta figure out, stop their system for one second and say when this be like or baby like or whatever. That's step one and now you might have their attention. Using whatever trend is popping or whatever music is popping, now that's step two. Now, you got them for 7, 8 seconds, now you may have a chance. But almost all of these platforms are, “Is it funny? Is it entertaining? Is it educational? Or is it relatable?” If you're doing one of those of the four, you'll be better off, but like I was a long winded person so I was on Periscope early and I stayed for a long time and I have so many of the people who are now on the Stage Crew is what we call our group of fans are — I used to go on Periscope every day while I drove to work. I was stuck in traffic for an hour and a half, I'd be on Periscope for an hour. And I just chopped it up. I've seen video ideas. And so many people loved it and they stuck with me for a long time. And another thing I do, I know I'm just rambling, I test out concepts on platforms, right? So I'll tweet something and if that tweet does numbers, then I'll be like, “Bet, I'll make a video of that.” Like, for example, Uberfacts tweeted, “What's —” This is a trend maybe last week. Uberfacts tweeted, “What's a company's secret you can spill now that you don't work there anymore?” and I was like, oh, I worked at the bank. I quote tweeted, “The bank does actually overdraw you on purpose,” like a lot of people used to accuse us of that and we would have to lie but they actually do it on purpose. It had like 26,000 retweets so I'm like, okay, that's great, that means people are interested. Now let me screenshot that, go to TikTok, and make the talking version of that. And then I put that video on TikTok, did well. Instagram, YouTube, Facebook, did well. And then a couple of days later, I put the video version of a tweet that went viral right back on Twitter with my own tweet and it also went well. And I'll do that all the time. If I'm not sure video work, I'll post it on my stories and I'll check the engagement. If I get over 50 shares or 100 shares, I'm like, “Oh, I'll take that off and put it on the main grid.” Sometimes I'll make a full video. So I'm kinda like seeding out content and seeing what people respond to and then deciding if I wanna make a full video after that. I have to do that now because I'm doing other projects. I used to just scour the internet for videos all day but because we're making stuff for the app and stuff, I don't have as much time so I'm kinda like throwing stuff against the wall, seeing what works, and then making full versions of that. And that's kinda how I continue making content consistently while I'm really spending more time creating long-form content, where I'm on set 10, 12 hours a day. I just don't have the time to be on the internet like I usually was so I've gotta like be more strategic about doing it.Dan: That's your fastlane IP model right there. You just broke it down.Kev: Yeah. Absolutely, man. I'm just always moving in there. And my hope, one day, I wanna be like — do you remember, DC Young Fly early? He used roasting to rise him to fame and then he leveraged that into other stuff. Now he can use social media just to remind you of what he's doing. One day, I'll be able to be like, “Oh, my social media is just to remind you of what's coming and going.” Or like Kevin Hart, like he'll still come on every once in a while and remind you he's hilarious on social media but he doesn't need it as a vehicle as much as he used to. That's my goal, when I can go a week or a month without making something funny, and people still are checking in. But I'm probably a little ways away from that.Dan: What do you think that would look like to get there? Like is there a particular number or do you feel like it's like a feeling of where you are in your career?Kev: I think — what it really will probably be is when I'm shooting so many things that take up my full day, when I'm shooting 10, 12 hours on set, it's really hard to make a great internet video that day, because I'm not on the internet because I'm shooting. When I'm on break, I might be scanning but, you know, the lunch on set is 30 minutes, if that, feels like. By the time you sit down and eat and then you're back on set for 6 hours. If I was doing that for three months, it'd be tough to make the same amount of content that I'm making. So if I was basically doing those kinds of projects back to back, then I know my social media will suffer in the sense of creating at the pace I usually did. My only hope is that the monetary benefit from my other projects will, you know, keep me afloat. I mean, obviously, I don't make crazy money, well, relative, from the actual platform, it's all about leveraging them to make money off the platform. But, you know, we still get paid from Tik— I mean, not TikTok, I mean, technically TikTok but I make no money off that. Instagram, Facebook, and YouTube so my hope is that I've got so many projects that I'm making, either from my own distribution service or for somebody else or a partner or something we've sold, that I'm like, “Man, I'm making too many things, I don't have time to like see what the TikTok trend is.”But, honestly, Dan, I like making videos so much. If I was on my lunch break, scanning through TikTok, I will make a video, because it doesn't take me that long. My best skill isn't funny, isn't being hard working, it's efficiency. When I'm inspired, I can download, shoot, and post in no time. And TikTok, God bless them, so happy you can just click download for most videos. Don't make me go through screen recording and down— that's too much. You want people to share these anyway, make it easy. So, I can do a whole thing in less than 5 minutes so as long as I got 5 minutes, I'll probably make something.Dan: Yeah. I feel like that's what drives it at the end of the day, right? Like there has to be something beyond just the monetary gain to make you wanna continue to feel inspired to create and that's great that you have that still with the videos. I mean, I definitely sense that from the joy and passion that you share out of it, but I think for a lot of people that do create content on the internet and then that is the awareness they build to sell elsewhere, they ideally would just love to sell the other thing but the internet feels like this thing that they have to do. So the fact that you don't feel that, I mean, I'm sure it's still exhausting, for sure. But the fact that you don't feel that naturally, I think, is what helps that longevity.Kev: Absolutely. I think, you know, we all deal with like burnout or not feeling funny or feeling like I'm never gonna come up with any other idea. But I see the value in using these platforms but also leveraging them to your own stuff, like being an early YouTube creator when adpocalypse happened and Logan Paul did that suicide forest thing and everybody's monetization was punished, that's the first time I was like, “Oh, snap. I didn't even have nothing to do with this. I never been to Japan. I would never. Why am I getting punished?”That's the first time I was like, “I can't rely on these platforms,” and then when Vine came and went, even though I sucked at Vine, there was a lot of people where they depended on Vine and, luckily, most of the creators who were big leveraged that to Snapchat or Instagram or YouTube but some of them never even got close to the heights that they had on Vine. And the same thing happened on Instagram or TikTok or whatever. You know, a lot of people are one platform dominant, killing it on TikTok but nowhere else big. I would rather be five platforms doing okay than one platform dominant because now I can go from TikTok, Instagram, YouTube, Facebook, into my own platform, Patreon, which is fantastic. It's very important to what we do here. If I only had Patreon, I'd be okay. So, you know, I've kind of like made my exit strategy because the Internet changes too quick, you know? One day it's popping — Clubhouse, man, people were — it was the thing for like 5 months and then everybody — it felt like everybody was just like, “Nah,” like one day, and it's still there, it still have great stuff going on there, but during the pandemic, man, it launched — or not launched but it popped at a perfect time when everybody was at home. Dan: Right. Kev: But then people just got sick of people talking and Facebook came up with their own one and Twitter came up with their own one and then Clubhouse didn't have, you know, that exclusive thing anymore. I mean, that's — you talk about a quick pivot. Dan: Yeah.Kev: You know, Clubhouse, how quickly Twitter jumped on that, that was fast. It took Instagram a long time to copy Snapchat. Dan: Yeah, and —Kev: It took Twitter, it felt like 2 months before they had —Dan: Yeah, Spaces was quick.Kev: I was like, Jesus, and the thing that Facebook did really well is kind of what Twitter did too. They said, “We're not gonna beat Snapchat's market share, and we don't have to. All we need to do is slow their growth and get somebody who was never gonna go to Snapchat to do what they would have done on Instagram.”My wife is that person. She never went on Snapchat ever. But they took that idea and that, you know, Stories, put it in Instagram, and she was like, “Oh, I'll do this.” And I was like, “Girl, I've been telling you about Snapchat.” She was like, “I'm not downloading no more apps.”And that's the same thing. So you — that's why I never wanna be one platform dominant because the winds, they blow and change too quickly and you could be caught in the cold, you know? Like YouTube, man, YouTube decided on a whim, it felt like, family content, if it looks like it's geared towards kids, you're not gonna be able to monetize that. People went from making hundreds of thousands of dollars a month to zero. When they decided they didn't want pranks anymore, people went from making 50 grand, 150 grand a month to like literally zero, I'm not even exag— I know people who had to give up their house in the Hollywood Hills when YouTube was like, “We're not doing that no more.”And that's when I was like, “Oh, this is too dangerous to be only on one platform.” You gotta use them all but you also have to have an exit strategy. To me, you know? Everybody doesn't have to do that but, to me, you gotta have an exit strategy.Dan: Yeah, that makes sense. That makes a lot of sense. And I think the way you structured it makes sense too. I mean, yeah, you mentioned you're still getting some income from those platforms but the majority is outside of it. And I'm curious, what do your splits and breakdowns look like from a percentage perspective of, you know, like how much does come from those platforms versus how much comes from your other content or your stand-up or any of the other ticketed type of things?Kev: So, the most lucrative by a mile is live events. Touring, live events is the most lucrative. That's why when the pandemic happened, I was like, “Oh my God,” because that — before the pandemic, that was foolproof. As long as people wanted to come see you, you will be able to eat forever, and then all of a sudden, no. So, for me, the most important thing is touring. The second most important thing probably is my Patreon, because that's a group of people who really believe in what we're doing here and support me and if I lost my other platforms, they would still be there. Outside of that, YouTube and Facebook, YouTube was really consistent monetarily. Facebook can be a blow up, for me at least, a blow up and then nothing. You have some months where it's, you know, 2 grand and some months it could be 10 grand, you know what I mean? So it's like, you really can't build a business off of that, you know, wave of, you know, unpredictability. But for me, I probably say 60 percent is live, 40 percent is — or I'm sorry, 20 percent is Patreon, and the other is like podcasting. Podcasting can be really lucrative with the ad revenue. It's also platform agnostic. Like I don't need to be monetized on YouTube because I'm monetized through the ads that are baked into the podcast, you know? So, for me, those are what I focus on and everything else is gravy. Whatever Instagram pays me, gravy. Whatever Facebook pays me, gravy. Whatever YouTube pays me, gravy. And those are the things I have the least amount of control over anyway so, yeah.Dan: That makes sense, yeah, and I think like that split too, honestly sounds like what it's like for a lot of artists as well. I mean, so much comes from live performances, more than half for most of them, but that other chunk, you know, whether it's through their branded partnership or any of their influencer revenue that they may have but also what they get actually selling their music through streaming or the publishing revenue that comes in. So there's definitely a ton of similarities there, which is why I like the model of what you all, and what you specifically have done to build it up. But I think the difference though is that I probably see a little bit more creativity on average from some of the more successful independent comedians than maybe some of the more, you know, successful artists.I feel like there's been more of like a standard path but whether it's you or some of the others that have, you know, risen up, especially in the past 5 to 7 years, there's definitely, you know, I think a bit more variety and, you know, especially whether they're building their own studios or they're trying to do a few more creative brand partnerships and deals, I've always been fascinated with that piece about how comedians and stand-ups are able to monetize and use the internet.Kev: Absolutely, and I think like look at any 85 South, man, like they have — their live event is huge. And then they can just put that exact video on YouTube or their app and they sell merch and even if they did nothing else but live shows and merch, they'd probably be okay, but now, they're building their own app out. It's already out there, the Channel 8, and they're expanding that.So, you know, another smart thing, like let me diversify what we're doing and own the media aspect of it. But, for me, that's merch and brand deals like, to me, it's hard to be good at everything, you know what I mean? So I don't try to be. I'm like merch, I'll focus on the road, if I have a great idea, but it's not my strong suit, because fashion and design aren't my strong suits so I'll just really make stuff for the Stage Crew who loves it. And I'll focus on live events, video content, and podcasting and I'll be strong there. I mean, you got people like Kountry Wayne who like master of Facebook and Instagram, like he knows the amount, you gotta be at least 3 minutes to get really paid. His sketches are 3:01. They're gonna be over 3. On Instagram, they start really quick so he's mastered that and he's also on the road. So everybody has their skill set and it's kinda like, to me, basketball players, like LeBron's the greatest player to me, ever, and he's good at a lot of different things. Steph is the best shooter ever so he doesn't have to be a rebounder like LeBron because he's gonna shoot threes from the logo so you won't be able to guard him. And that's kinda how I think of creators, like very few people are as well rounded as LeBron but you can have a long career being really good at one or two things and that's fine too.Dan: Yeah. And as long as the platforms that are there are still aligned to like where your skill set is the better.Kev: Yeah.Dan: Because it's one of those things where Steph also was really good at something that he was able to set a trend with and, you know, just gotten more and more favorite too as the game went on. But it's like if you're really good at, you know, like that Charles Oakley, you know, old school right? This next game, you might not have as long of a career is you may have had in '93.Kev: That's a fantastic point. Charles Oakley wouldn't know what to do in this game, like he's still gonna be big and strong but he's gonna be guarding Luka or Kevin Durant and they shooting from three, they're driving around, the game has changed so that's a good point as well like the game changes so you have to be able to, you know, change with the game. The internet changes. The same thing with comedy, like what was funny and tweetable 10 years ago isn't funny or tweetable this year, and I'm not one of those who complains about cancel culture. As a comedian, our job is to know where the line is. Know what society thinks is funny and stay there and not to be like, “Well, this was funny 12 years ago.” Yeah, The Nutty Professor was hilarious before but it wouldn't be as funny if it was made now. People would call it fat phobic or whatever. But if you watched it then, it was great, you know what I'm saying? Pepé Le Pew, hilarious as a kid. Now you're like, “Yo, what's was he on, man? Where's the consent? Leave her alone, man. Let her go,” you know?So I think comedy and everything is similar. Everything is changing. Fashion, language, music, all of that stuff. So, you know, as a creator, you have to be aware of that change or you get left behind.Dan: Yeah. And to bring it full circle, what you brought up with Vine is a great example of this. You yourself may not have been the most successful on that platform, like you said, but there are many people who had some of the most popular Vines that were like winning and spread everywhere. And, unfortunately, I just haven't seen them as much because there's something about that 6-second storytelling that they did so well with that just didn't translate as well to where things are right now.Kev: Absolutely. 100 percent. That's what I was saying, like some people translated but for some people, that was it. They never reached the heights they had on Vine ever again, you know? And some of the same trends on Vine probably would work on TikTok but not exactly. So, you know, you gotta get in where you fit in and fit for as long as you can. And then, as the world changes, you gotta fit there too. And that's, to me, the only way to survive.Dan: Definitely. So, for you, just because you are wearing, as we talked about, all these different hats, all these different roles, 5 years from now, 10 years from now, of course, we don't know where things are going, but in the ideal scenario, what would you like to be doing more of or what would you like to be doing less of?Kev: More of helping other creators create their content. That's actually one of the things we wanna do at KevOnStage Studios. It's the hardest part though. Much harder than I realized, you know, to even maybe make somebody else's show, to even go through the legal process of trying to make it is already expensive. So I found that that part was a lot harder than I realized. If somebody comes in and is like, “Yeah, whatever deal is fine,” it's very easy. If somebody is like, “I've got these ideas and stuff,” talking to their lawyer, our lawyer, it's tough. And to do development, you need somebody who can focus on that, you need the resources for legal, you need the production staff to be able to go and make that. So I would hope that we could grow enough to be making more of stuff for other creators and creating those opportunities. Right now, we're kind of focusing on building the foundation with the team we have. But in order to do that, we'd have to scale out a little bit so that would be our goal.I would also love to be making independent movies. That's always been a dream of mine. I just love the experience of movie, either in theaters or at home, I don't care. I'm not like one of those creators, like, “It's got to be in a movie or it ain't real,” like I was poor so we couldn't go to the actual movies that much so all my dreams and memories are watching them at home. So I don't care if you're watching it on your phone or TV or whatever, but I'd love to be doing those two things, if nothing else. Creating content with others and then creating movies and creating stuff that I would love to create and hopefully distributing it to a lot of people. The one thing about the KevOnStage Studios app right now, it's still very small so, you know, to the viewer, that's fantastic, but the other streamers and distribution sites, they have a lot more access. If I tell you to go watch a show on Netflix, the chances of you having Netflix are very high. Or HBO Max, something like that. If somebody tells you to go watch something on KevOnStage Studios, the chances of you already having that app are not as high as you having Netflix. So our goal, our hope would be that, “Oh, yeah, man, I'm gonna check that out. I didn't even know we had that.” But you gotta have the show that breaks through. Like if you think about Apple TV, as much money as they have, people didn't really click in by and large until Ted Lasso. Like I watched See, they had a lot of stuff. Nobody cared, by and large, until Ted Lasso. So even — and they have trillion dollars in cash. People were like, meh, you know what I'm saying? So it's not just unique to what we're doing, it's a lot of places that struggle. Peacock and Quibi. Quibi had all the money in the world, access to every A-list star in the world, people were like meh, so it's not easy, man. It is not easy. It's not even unique to being small. It's just not an easy business to be in. So I would just hope to still be here, in fact. Low key, to still be able to do this for a living in 5 years, I will be happy with just that.Dan: No, man, I think you will. And I mean, I'm not just saying that as someone that's been a fan of your content following you for a while. I mean —Kev: Thank you, thank you. Dan: I really do look at you as one of the success stories when we think about this era of the Internet and what creators were able to do in this phase. I feel like we've seen folks in, you know, past eras and eras before that and the Internet has always been so nascent but I think your focus and consistency. Wait, which one?Kev: I really don't know. Nascent, what's that?Dan: Oh, in terms of like just being early on a trend and just being, you know, like quick with it. Like I think that, you know, for you, oh, man, lost my train of thought —Kev: I'm sorry, I didn't mean to interrupt you.Dan: No, no.Kev: When people use a word that I don't know, I always ask because then I'll be like, you know, “That was nascent,” and then people would be like, “What did that mean?” Oh, you know, what it means is early on to the trends and whatnot, you know what I'm saying? So I didn't mean to get you off track but I was — that's a good word that I don't know so I had to ask you real quick. I could have Googled it later but —Dan: Oh, no, no. I appreciate that. I know, people appreciate this too, just from like, you know, the conversation, for sure. No. So, normally, some of these things, editors, I'm like, “No, can you all take that out?” They're like, “No, we're leaving this in here,” because —Kev: Leave it in, editor. Dan: They'll learn too. But, yeah, man, I mean, like I said, you, the focus that you had with so much of the content that you put out and also just how you continue to enjoy it, I feel like that is the model. And I'm really excited for you and where you continue to grow and the fact that you're leveraging your platform the way you have to put people on, I mean, that's the dream. I mean, I know that, you know, I'm definitely, you know, in the days of it, it could likely feel like a lot of work but, hey, man, you're doing the work, man. And it's much appreciated.Kev: Thank you, man. That truly means a lot, Dan. I appreciate you even saying that. And I'm glad that you think, you know, I'll still be here in 5, 10 years because I hope too, you know? But if not, you know, I own a house in this small town. If you see me living in South Carolina, just figure out that it didn't work.Dan: Hey, man.Kev: But I'll still be happy. I'll still be making videos or doing podcasts or something.Dan: And joy will be there. The joy will be there. For sure. Regardless. But, hey, man, Kev, this was great. I really appreciate you for making the time. Kev: Thank you, man. Dan: But before we let you go, anything you wanna plug the audience, let them know some of the content you got coming out with the streaming service?Kev: KevOnStage Studios. man, go to your app store, whether you're on Apple, Android, Roku, Amazon, go to KevOnStage Studios, download that. Go ahead and subscribe for the year. Don't worry about what's on there. Just subscribe for the year. Trust me, it'll be worth it. We've got a lot of amazing things on there. We got the Real Comedians Challenge Show, which is just knockdown drag out funny. We've got What's Good?! which is a food show with comedians and comedians are more like regular people than chefs so you're gonna feel like it's you and your friends going out to eat in a different city. We got Love On Stage, which is a dating show my wife created and produced. That's fantastic. You can stream that whole season in there. Just fun stuff like Get Your Black Card Off Layaway shows, Keon's All Stars, Crafts and Cocktails, just fun stuff, man. Just go on there, check it out. Destination Evrywhr is an amazing travel show that, you know, has a musician who went all the way to Cambodia to make music with Cambodians. We have stuff like that. I mean, just go over there and check it out, man. Just don't worry about the monthly fee. Don't pay monthly. Pay by the year. You get two months free when you pay by the year. Just go ahead, go from here, wherever you're listening, right to KevOnStage Studios and pay for the year. You won't regret it. And even if you do, we already have your money.Dan: We'll make it easy for people too. We'll put the link in the show notes.Kev: Perfect. Thank you so much, Dan. I really appreciate it. I'm a big fan of yours. I've been watching your podcast and be like, “How does Dan get these guests?” And then you tweeted like I just be asking, I was like That ain't no secret. That's just —He's like you just know somebody or just shoot your shot. I'm like, you had Rick Ross though, man. You had Issa Rae. And you're like, “Yeah, just ask.” I'm like, “Okay, we'll see how that works, Dan. I'm gonna just ask too, see what I can get on my podcast.”Dan: I will say, I mean, there's something a bit more nuanced to that and I was like, you know what, I could have added more because I made it seem like, “Oh, y'all could do it. Why don't you just DM Rick Ross?”Kev: Yeah. I was like, “Dan, it is not that easy.” It is not that easy and you know that. I just believe all we got to do is DM him and he'll be like, “Yeah, I'm gonna be on there.” You know it took more than that, Dan.Dan: Oh, man. Well, no. So 'cause I think people probably appreciate this for the folks that do listen. So the Rick Ross one, real quick, so the Rick Ross one, I had had his attorney, Leron Rogers, on the pod. Him and I had had a good conversation and, you know, stayed connected afterward and I saw that Ross was putting out a book and I was like, “Alright, if someone's put out a book, they're gonna be on the tour,” and then I was like, “Okay, hey, you know, I know that Rozay is gonna be on the tour, would love to have him, he's writing about business. This literally is the avenue to do that.” And he was like, “Alright, send me some details, let me see what I can make work,” and then we made it work after that. Kev: See?Dan: Yeah.Kev: It is more than just DM-ing. It's timing, it's relationship, it's an audience people care about and a podcast that people actually watch and download. So, sorry, guys, it's not as easy as Dan made it seem.Dan: No, you're right. If someone has to be, “Oh, hey, how did you get KevOnStage on your pod?” I'd be like, “Oh, I just DM-ed him. Y'all could do it too.” You gotta get all these people flooded. They will be like, “Oh, KevOnStage, can you come to do my thing? Oh, KevOnStage —Kev: Guarantee you it's not gonna be that easy. 'cause if I don't follow you, I don't even really see your DMs. I'm a fan of Dan so I saw his and I already wanted to be on this show so when he asked, I was like, “Finally, my time is now.”Dan: It's funny, man, because I so remember, it's like one day on Twitter and, I mean, like I said, I've been following you on, you know, all the other platforms. And then, one day, you just quote tweeted something I said and you were like, “Y'all should follow this guy.” And I was just like —Kev: Yes.Dan: Yo, KevOnStage — I was just like, okay, all right, we hear this.Kev: 'Cause you're really smart, man, and you take stuff that is like out there and you make it so digestible. Like what Westbrook is doing, I've been following them but when you made that graphic about the flywheel, it's like, “This is exactly what they do,” but it makes so much — I sent that to so many of my friends. I was like, this is what KevOnStage Studios has to become and the way they did The Fresh Prince of Bel-Air reunion, all of the stuff they did with that and then they ran that same thing back for King Richard, genius. And then with Will's Best Shape of My Life, I watched that, get YouTube to pay for it, boom, use it to actually lose weight and promote your book.Dan: Brilliant.Kev: I said what the heck? I wanted to get the book because of that. Genius level marketing and even somebody as big as Will Smith, everything they do is not behind the paywall. They gotta use YouTube and Instagram just like regular people. So I know I'm on the right track. And I also met Will Smith, I don't know if you know that. I don't like to talk about it. Dan: Oh, no, you only post a photo, what? Every month or so.Kev: I haven't posted in a while. I should bring it up again today.Dan: If he wins this Oscar for Best Actor, you gotta be part of that campaign.Kev: He might thank me from the podium. He might be like, “This wouldn't have worked without KevOnStage's dad joke to help promote the film. I'm so glad that he did that and that's why you heard about King Richard,” and I'm gonna be like, “Thanks. You're welcome, Will. And you're welcome, world.”Dan: Oh, man. I'm kind of waiting for that moment, that will be dope.Kev: Oh, man, I'll be so happy for him. I'll be so happy. And he was great in that, like it was an Oscar-worthy performance so I really do hope he wins.Dan: Yeah, no, definitely. No, he does too. But, hey, man, this was great. I really appreciate you coming on.Kev: Thank you so much for having me, Dan. I appreciate it, man. (outro)If you enjoyed this podcast, go ahead and share it with a friend. Copy the link, text it to a friend, post it in your group chat, post it in your Slack groups. Wherever you and your people talk, spread the word. That's how Trapital continues to grow and continues to reach the right people. And while you're at it, if you use Apple Podcast, go ahead, rate the podcast, give it a high rating, and leave a review. Tell people why you like the podcast. That helps more people discover the show. Thank you in advance. Talk to you next week.

Welcome to another episode of The Coral Capital Podcast, a show about startups, technology, and venture capital with a focus on Japan and Asia broadly. In this episode, we chat with Michael Seibel, the Managing Director and CEO of Y Combinator (or, “YC”). YC, one of the top startup accelerators in the world, has invested in over 3,000 companies including Airbnb, Dropbox, Stripe, Reddit, Instacart, Docker and Gusto. The combined valuation of YC companies is over $400B. Michael was the cofounder of two startups, Justin.tv and Socialcam. Socialcam sold to Autodesk in 2012 and Justin.tv became Twitch.tv and sold to Amazon in 2014. Michael graduated from Yale University with a BA in political science. In this episode we discuss: What makes YC so special for founders How YC classes have become increasingly global in recent years Why there have only been 584 applications from Japan in YC's 16 year history Why YC doesn't (yet) invest in Japan domiciled companies (“Kabushiki Gaisha”) Why the domicile of the company may or may not matter! Why Japanese startups may struggle to compete globally How Japan's startup environment is evolving Why software startups take the lion's share of funding If you enjoy this episode, please make sure to follow us on Spotify, Apple Podcasts, or Google Podcasts.

I sat down with my Justin.tv cofounder, Michael Seibel, to talk about how we turned our live reality show Justin.tv into the global platform that eventually became Twitch. Michael was previously the CEO of Y Combinator, the seed stage fund known as the first investor in Stripe, Dropbox, Instacart, Coinbase, Reddit, and thousands of other startups. Michael is one of my closest friends and an amazing mentor. In this episode we talk about his education at Yale, founding Justin.tv together, mentoring the Airbnb founders early on, how to get funded by Y Combinator, and so much more.  (This episode was originally released as S1:E1 in 2020) If you liked  this episode, check out our YouTube channel and follow us on Twitter! A thank to our sponsors Universe and CashApp for making this podcast possible.   THE QUEST MEDIA | CONTENT MEETS SILICON VALLEY |

In this episode of Invest In The Future, our founder Iyin Aboyeji chats with Michael Seibel - Group Partner at Y Combinator - the world's largest technology accelerator, Managing Director of YC Early Stage and co-founder of Justin.tv/Twitch and SocialCam. Michael shares his philosophy for investing in startups as an angel as well as YC's philosophy - enabling founders to build companies they would like to build. He also talks about investing in emerging markets like Africa and why founders in emerging markets have a lot to learn from each other than from the US. There's a lot to unpack in this episode about opportunities to build startups and ideas founders should chase. Invest In The Future is a live fireside chat series by Future Africa to learn from prolific angel investors who have invested in and built some of the world's most impactful technology companies. Future Africa connects investors to mission-driven startups looking to turn Africa's most difficult challenges into global business opportunities. Learn more about Future Africa at www.future.africa The content of this podcast is not to be regarded as investment advice.

Barreling full-speed ahead isn't always the key to scale. For Michael Seibel, managing director at Y Combinator and co-founder of Justin.tv and Socialcam, action sometimes needs to take a back seat to asking: "Is this working?" Michael learned early on that by stopping to ask the counterintuitive question, he gained the wisdom – and avoided time lost to big mistakes – that ultimately propelled him forward. At Y Combinator, he's helping other founders ask themselves uncomfortable questions. The answers aren't always obvious, and sometimes they seem downright irrational. But following where they lead, he says, feeds efficiency, confidence, and ambition. That's why the ability to ask the right questions at the right times of the right people is an essential skill for every entrepreneur.Read a transcript of this interview at: mastersofscale.comSubscribe to the Masters of Scale weekly newsletter at http://eepurl.com/dlirtXPrivacy Policy and California Privacy Notice.

Chris Ovitz is the Co-Founder and President of OK Play. We discuss growing up in a Hollywood family, building technology-enabled media companies, life revelations during an Alabama roadtrip, "humble magnetism", launching a venture fund with the co-founder of Twitter, YouTube as a babysitter, and why the future of play is putting kids at the center of story and creation.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteListen to our weekly executive insights on Media x Commerce news: Mondays at 2pm PT on Clubhouse via @chriserwinFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT:Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders.  Chris Ovitz:There's so much guilt in general for parents, and then there's all this judgment around screen time. And I think that we forget in our little bubbles, the whole no screens thing is a privilege, that YouTube is a babysitter is real, and it's a problem. Chris Erwin:This week's episode features Chris Ovitz, the co-founder and President of OK Play. Chris grew up in LA. And like so many others, his first love was film. So he went to a Hollywood studio, but soon after, Chris became enamored with the intersection of entertainment and technology. Over the past decade, Chris has founded a handful of different companies. And most recently, him and his team are building OK Play where they're reimagining screen time for kids, and putting kids at the center of story and creation. We get into a lot of things in this episode, but a few highlights include what it's like growing up in a deeply connected Hollywood family, some life revelations during an Alabama road trip, his humble approach to building teams, and most recently, helping to launch a venture fund with Biz Stone, co-founder of Twitter. All right, this episode was a lot of fun. And Chris weaves in some pretty wild stories from his early career. Let's get into it. Chris Erwin:Let's dive back in time a little bit. Why don't you tell me about where you grew up and your childhood a little bit? Chris Ovitz:I grew up in LA. My mom and dad are both from LA. They went to UCLA. They met there. Pretty normal childhood in LA, as normal as it can be growing up in LA, lots of after school sports and just hanging out with friends, skateboarding and roller hockey and football and all sorts of stuff like that, lots of video games and film in my family. And it was a pretty traditional childhood. Chris Erwin:Okay, you are a skater as well. I was a skater growing up, I played some soccer and tennis. And then when I started hurting my ankle skateboarding, my coaches were like, "All right, that's it. Enough for you." Chris Ovitz:You were probably a much better skater than I was. I never actually got good at it. But I loved it. Yeah, I definitely spent a lot more time playing, baseball was my sport. So I played a lot of baseball growing up. Chris Erwin:Okay, cool. You mentioned that you were passionate for gaming and for film. Were there any games that you liked the most? Chris Ovitz:So I was about 15 when PlayStation 1 came out so I think that was probably the core part of my childhood gaming love and I would say Final Fantasy VII, Resident Evil. Earlier than that, I played really Super Bomberman and Mario Kart on the SNES, lots of Street Fighter, things like that. Chris Erwin:Yeah, I remember Street Fighter 2 with like Ken and Ryu and Hadouken and all that. I was like, that was a real favorite for me. Yeah, I also like being Zangief, the Russian wrestler, whatever. Chris Ovitz:Funny story, I always played as Ken Masters. And that was the name on my fake ID in high school, so yeah. Chris Erwin:Your father was in the entertainment industry. I don't know if your mother was in the entertainment industry as well. But was there any kind of like inspiration for you of the path that you want to go down as you were thinking about going to school, before you went to Brown and UCLA? Chris Ovitz:So yeah, my father was in entertainment. He started a company called Creative Artists Agency, which was one of the biggest agencies around and so it was amazing to watch and to be around. And I always thought that that was kind of the path for me. But as I got older in high school, and he had left CAA to do other stuff, he kind of left me with this big question mark on what I wanted to do. And I was like, I didn't really know what my passions were. Chris Ovitz:And so it started me on my journey. And my journey from about 18 through my late 20s was kind of a bit all over the place, but I wouldn't be who I am today without it. And my father was incredibly talented pioneer and many things in entertainment. And had I been a little more mature at 18, I think I would have realized that he was probably right, and it was best for me. So I ended up, I was fortunate enough to be accepted to Brown University. That's where he wanted me to go. I always wanted to go to UCLA because it was what I knew. Brown was amazing. I have incredible friends there. I learned a lot there. But I ended up transferring back to UCLA. I told myself that was where I wanted to go, but if I'm being honest, it was probably because I wanted to see about a girl. Chris Erwin:Okay, did you transfer like your sophomore junior year? When did you go over? Chris Ovitz:I transferred my sophomore year. So I did a year, Brown my freshman year, and then started at UCLA my sophomore year. Chris Erwin:And was UCLA what you had hoped it was going to be? Were you pumped to be there? Chris Ovitz:Yeah, it was amazing. UCLA is a great school. I had a blast. I was a history major. I just loved learning about different cultures and I studied a lot of Roman, ancient Rome and medieval history that I found that fascinating. Chris Erwin:When we were talking earlier, you said that there was some poor decisions were a pattern of your youth. So, I mean, do you bucket in like going to Brown and then going to UCLA as part of that or are you referencing something else? I'm very curious there. Chris Ovitz:For decisions, I say that a bit jokingly. But I think what I mean by that is Brown is an incredible school, and everyone would kill to be able to go there. And had I stayed there, I think it would have been amazing. But look, I was motivated by girls at that age, instead of being motivated by a passion for what I wanted to do with my life. So I think that's kind of what I did, whether it was transferring to UCLA because I had a girlfriend there at the time that I had met on winter break from Brown. I would make decisions like that, without thinking too far ahead. And I think as I got older, that's not happening. You start to think through each decision with a little more thought for the future. Chris Erwin:Well look, if there's any point in your life when you're going to be a little bit impulsive, doing that in your teens and early 20s, that's a good thing. Get that out of your system, and I would also say that having a little bit of impulse ability, or whatever the right word is, as you get older, versus not having to be so calculated all the time based on societal pressures, that's okay. Okay, so you transfer to UCLA, you graduate, and then how do you kick off your career? What type of work do you start getting into? Chris Ovitz:So again, it comes back to this really not knowing what my path was yet, not knowing what I wanted to do. I knew I loved film. The entertainment industry was in my DNA. And I knew that I wanted to be a part of it in some way, at least at that point in my life. And so I actually applied to film school. I didn't tell anyone in my family. I applied to the theater, film and television program at UCLA. I decided I was only going to tell them if I got in. I ended up getting in and had an idea that I thought I wanted to be a director. And after about a year in film school, I realized I didn't want to be a struggling artist. So I dropped out and I wanted the income. I wanted to get to work. Unfortunately, at the time, I also had suffered a really bad herniated disc and had to take some time to get a pretty significant back surgery to correct that and rehab it. And at that point, I decided to take a job. It was pretty awesome. I got the opportunity to be one of the first employees as an assistant at Paramount Vantage working for a guy named John Lesher, and that was my first real job out of college. It was an incredible experience. Chris Erwin:Awesome. And what was Paramount Vantage? Chris Ovitz:Backing up a second, John Lesher was an agent at Endeavor at the time before it was WME, and he represented clients like Scorsese and Judd Apatow and Alejandro Inarritu and all these amazing filmmakers. And he was asked to go over and run Paramount Classics, which was Paramount's independent film arm, and he was asked to rebrand it and basically start their new art house film division. I got to see him build it from the ground up. And I got to see him go through the process of building the brand, picking the brand, naming it, designing it. And there I got to really learn how important a talented team was. He had gone out and just picked the best in the industry. And then I got to watch as all these projects came together that went on to be some Academy Award winning films and really well highly, highly acclaimed films. While I was there, we were developing No Country for Old Men, There Will be Blood, all these really exciting films. But mostly, I drove the golf cart around for the most part. Chris Erwin:What a great experience I feel like right out of undergrad, and it seems that you also have some really great stories from working there about Kanye West and Judd Apatow and a few others. So please do share. Chris Ovitz:Yeah, I mean and the Kanye one's probably less interesting, but just funny. I remember him coming in for a meeting, I had to pick him in his entourage up in the golf cart and make multiple trips. And he told me he was hungry. And he asked what was on the menu, and so I had to go get him the menu from the commissary and he said he was really in the mood for grilled salmon. And so I got him some grilled salmon and brought it into the meeting and my boss was like, "What are you doing?" I was like, "Kanye wanted some food. Here it is.", and he shoo-ed me out of the office. And then the Judd Apatow story, backing up a bit. Jonah Hill was actually, before he was Jonah Hill, when he was Jonah Feldstein was in my student film at UCLA because I knew him from growing up in LA. Chris Ovitz:And Judd Apatow had come in to pitch his latest project. And I had read the script because that was one of the perks of working there. I got to be on the weekend read team and give my opinion on the scripts that they were reading. And I told Judd, and Judd had no idea who I was. I was just a kid driving a golf cart. And I said, "You need to make Jonah Hill the lead in this project." And so I'd like to think that I'm responsible for Jonah ending up in Superbad, which is probably not true. But it was funny because I was the only one, it turned out Vantage at the time, that thought we should make that movie. And so my boss John was like, "Well, if you like it so much, go and write a letter to the heads of the studio on why we should buy this film." And I did. And I was like, "This is the greatest thing ever." Chris Erwin:Hold on a second, you wrote a letter to the head of the studio for why they should buy the film Superbad. Chris Ovitz:Exactly, yes. Chris Erwin:Okay, what did you say in that letter? Chris Ovitz:I just explained why I thought it was going to be a hit. It was a very genuine, authentic letter from a nobody assistant at Paramount Vantage. But my boss respected my opinion. And he sent it to Brad Grey, who knew me and Brad was the CEO at the time. He was just a fabulous, fabulous guy, unfortunately passed away a few years ago. And they appreciated it. But they passed and it actually ended up being Warner Bros.' biggest hit that next summer. So that's my little claim to fame and moment I'm most proud of in my first job. Chris Erwin:That's an amazing story. I love coming of age movies, and Superbad is definitely very high on the list. Chris Ovitz:Yeah, I was obsessed. It was so well written, so funny. Seth Rogen, he was coming up, but he wasn't established at that point. It was a really fun read. And I was really happy to see that Jonah got cast in that part. Again, I'm pretty sure that was because of me. Chris Erwin:So that's an amazing experience. But I think you realized that entertainment wasn't for you. And you kind of changed your career trajectory a little bit. So what happens next after that? Chris Ovitz:So I think I wanted to do something that was a little more meaningful. Traditional entertainment was fine. I love stories. I think one of the reasons I started thinking about moving away, I didn't like the behavior and entertainment. There was just a lot of yelling, a lot of disrespect. It's one of the last industries where there's a true apprenticeship, which I do like about it. But everyone was kind of becoming bad Xerox copies of the bosses they had before them, and just picking up bad habits. And so there were all these things that were accepted that I didn't like, like yelling at your employees. Chris Ovitz:And so that got me starting to think about what was next. And I was fortunate enough to get hired to run business development at a early virtual world company. And this was really interesting to me, because I always loved building communities and connecting people. And this opportunity played into that in a big way, because you would, this is by the way, in about late 2005, early 2006. And we built this virtual world where you could go to virtual host virtual parties and screenings and shows, and so I was producing virtual concerts with artists like Maroon 5 and the Pussycat Dolls, Kenna. We'd set up virtual storefronts. And this is all before things like Oculus. So it was, way ahead of its time, and a lot of fun. But ultimately, it ended up being like World of Warcraft with nothing to do. It didn't really work out. But it was fun, because we were doing things like I don't know if you saw what Fortnite did with Travis Scott and other artists, these big virtual concerts. Chris Erwin:Yeah, Marshmallow and all that taking off. Chris Ovitz:Exactly. But we were doing stuff like that in 2006 at a much, much smaller scale. Chris Erwin:You mentioned how you got the job, there's a unique story behind that, right? Chris Ovitz:Yeah, so my father was quite influential, obviously. And he knew my boss at Paramount. He'd call me. He's like, "Hey, I got to borrow my son for the day." And I was like, "Sure." And so I go and fly up with my father to a couple meetings in San Francisco. My father liked to invest in tech. And he knew that I had a strong opinion about games and tech and digital media. And so he wanted me to sit in on a couple of these meetings and give my opinion. And as we're arriving at this meeting at this particular company, which at the time, it was called Doppelganger, we later changed our name to vSide, rocking small startup, only about 20 people, everyone's in the room, and they're about to make this big presentation to my father. And he's like, "I want you to observe, and then give me your opinion after Do not talk." And so of course, I talked the whole time, like, "You need to do this. I can introduce you to this person. I can help with that." I walked out of the meeting with a job offer, which was awesome. And so ultimately, my dad was happy, but he looked mortified the entire meeting. Chris Erwin:Were you intentional that you wanted to speak? Was that like acting out against your father? Or did it just naturally come up? Chris Ovitz:No, that was just because I can never keep my mouth shut. Chris Erwin:So then, right after that, we're going down this journey where you become a serial entrepreneur, I think in a few years, which we'll get to, I think a major stepping stone to that was that you went to go work at Adly, which was founded by Sean Rad, who became the founder of Tinder. So what was Adly, and what were you doing there? Chris Ovitz:Yeah, so Adly was one of the first companies to monetize the social streams for influencers, so getting Kim Kardashian to tweet on behalf of a brand. And they were pretty much the pioneer in that space. And so I knew I wanted to work in tech, but I didn't want to be in SF. The city unfortunately just wasn't for me. And I really liked my life in LA. And I was probably onto something because everyone seems to want to move down here now from up there or to Miami it seems now as of last week. Like you said, I met Sean through Dana Settle from Greycroft, who was a friend and she suggested that we think about working together, and we hit it off. And Sean's brilliant, and I was inspired by him. He's a young entrepreneur built with big, big ideas. Chris Ovitz:Obviously, I was right, in seeing something and then he moved and went on to start Tinder. But unfortunately, when we were at Adly, Facebook and Twitter weren't too excited about us monetizing their social feeds. It was ahead of its time a little bit as well. We got blocked. And that's kind of when everyone saw the writing on the wall. So after just about 10 months, that's when I departed and was lucky enough to meet my current co-founder and my co-founder of Viddy in JJ. He took a chance on me and invited me to co-found Viddy with him. And that's where my journey really gained some traction. Chris Erwin:I remember the days of when the large social platforms and tech incumbents were blocking their peers. So yeah, at Big Frame, we have built like a programmatic marketplace where our different influencer and talent clients could promote one another. YouTube shut off access to their API very quickly once they figured out what we were doing. So I definitely get the challenges there. Chris Erwin:So after this stint in Adly, but it seems like you had made the transition from like a pure play entertainment studio industry, now going into kind of like tech that's like tech talent, intersection with media as well and social. And were you feeling at this point like, "Yes, this is the path that I want to be on, that this feels much more right than where I was before this"? Chris Ovitz:Definitely. I realized that I think at that point, I realized I wanted to be an entrepreneur. I watched guys like Sean, and I was like, there's no reason I can't do this. I love creating things from scratch. I had some unfair advantages built in in the network that I had acquired and had built. I realized pretty early on that I was really good at surrounding myself with people much smarter than me, much more talented than me. And I realized that talent was everything. Chris Ovitz:I use my network to almost be an agent for the businesses that I was building or involved in. And I was able to do that at Viddy in a big way. I saw that we had something. I saw that we had a product that had market fit. It worked. JJ is one of the best product designers I've ever had the pleasure of working with. And he built a beautiful Instagram for video type product at just the right time, when everyone was craving that, when investors were craving that type of product. We met in the end of 2010. And then basically January 2011, we were starting to work on it and then we launched in April of 2011. And that's literally when Flip Cam, if you remember those handheld camcorders, they shut down in April, and we launched in April. And so it was kind of like with the death of Flip Cam was the rise of Viddy and the social mobile video wars, by the way, like our biggest competitor was Socialcam, which was started by the Justin TV guys, which ultimately became Twitch. And it was just an all out like bloodbath between us and Socialcam seeing who could grow the fastest, wild ride, wild west, extremely interesting time to be in the video space. Chris Erwin:So being a first time entrepreneur, what kind of caught you off guard or by surprise in that first experience, in going through those motions? Chris Ovitz:Once you're a founder, it's a very lonely, lonely job. And so just dealing with the emotions of the roller coaster that it is, like video ultimately was only two and a half years of my life, but it felt like 10, and so the ups and the downs. And then I think realizing how quickly you can grow something by leveraging the power of your network. We went from zero to 50 million users in a year, granted a lot of that growth came off the back of Facebook and Open Graph. Us in social can have the benefit of that. But we were the first video app to have access to Open Graph. And that was because of a relationship that we had, just shows the power of relationships and how you can use those relationships to grow things. Chris Erwin:Yeah. You mentioned that when you were at Adly, and you saw, you observed Sean, you're like, "Oh, Sean is founding these companies.", you felt empowered that you could do the same. And you felt that you had this powerful network, you had good energy to bring to the table and a certain skill set, but also awareness of what skills he didn't have. Being at Viddy, did you observe skills that you're like, "Hey, for my serial entrepreneur career to continuously progress, here's something that I really want to work on."? Chris Ovitz:You know, it's funny. Things that I really want to work on, I think what Viddy taught me was actually to focus on my strengths and not my weaknesses. So many people say you should, I just read a quote about Tom Brady, sorry to change the subject. But talking about how he's achieved the level of success that he has. One of his big tenets is focus on your weaknesses. And I used to do that too much. And so I think at Viddy, working with the team there, I realized that everyone was so good at what they did. If I was focusing on my weaknesses, there was always somebody that was going to do it better, be able to do that better. And so I spent my time focusing on my strengths. And that's when I think good things really started to happen. That was probably my biggest learning at Viddy. Chris Erwin:I agree with that very much, Chris. It's a lot easier to go from good to great versus going from bad to good. And as a leader, I think strong self awareness is really critical in saying, "Okay, here's where I'm good, here's where I'm not." But your job is to build a team, to resource a team, to build towards the bigger vision that the company has. And I have learned that there's a lot less friction, you can move a lot faster. And also just build a team where people are more complimentary and happy coming to work every day with that mindset, going from good to great. Chris Ovitz:Yeah, no, I absolutely agree. Chris Erwin:So Viddy though, you do end up selling to Fullscreen, is that right? Chris Ovitz:We did, yeah. So we were acquired by Fullscreen. In full transparency, I left before the acquisition because it was quite a roller coaster ride, and I was ready to move on and to figure out what's next. But we had built a relationship with George, the CEO and founder of Fullscreen early on. He was a friend, and we were always trying to find ways to partner together. So when things got tough at Viddy, it was just a natural home for the company. They had SVOD ambitions, and we had one of the most talented product and engineering teams around with expertise in video. So it was a no brainer. And as I said, I wanted to move on to what was next and I was pretty burnt out from that roller coaster. And at one point, we were the number one app in 49 countries. And then one day we weren't. And so I was just ready. I was ready for what was next. But it was great. Look, JJ went on to be the Chief Product Officer of Fullscreen. And Ken, our CTO went on to run their engineering team. But unfortunately, actually I'm working with them again today, which is really, really awesome. But we can come back to that. Chris Erwin:I think Fullscreen leveraged your technology to launch a streaming service, I think three to four years back. I remember that because I think there was like a lot of different Fullscreen talent clients are on it. And I think they also were licensing Friends and maybe Seinfeld. It was an interesting juxtaposition of content. But I think everyone's been learning what users actually want and don't want over the past half decade. All right, so after that, you do end up starting another company called Workpop, but you did a brief stint at Scopely. What was that pathway like? I think you said you were scratching this gamer itch that maybe you had but led quickly to something else, curious to the journey there. Chris Ovitz:Look, I always had the gamer itch and I'm always going to have the gamer itch. I love games and anything related to games. And the Scopely thing was interesting because I had promised myself since I was burnt out, I was going to take some time to recharge. But I was having lunch with a friend of mine who was at Scopely. And he was telling me how great it was. And they were going after all these big licenses. And frankly, it just sounded fun. And he was like, "Why don't you come join us?" At the time, they were still small, 50 or 60 people. And they had just come off this big hit for them, Mini Golf Madness, which I had kind of fun playing. And I also knew Walter Driver pretty well from back in the day. And I knew Eytan as well. They're the founders. And I figured that it would be a really fun place to go and join until I decided what was next. Chris Ovitz:Unfortunately, in a twist of fate, unfortunately for them, not for me, but they've done fine since anyways, but they roomed me and my co-founder from Workpop together on a company off site. He was the new VP of Product that they had hired out of Zynga. He used to run the With Friends platform there, and we hit it off and he's still one of my best friends. And we basically decided that night that we would eventually leave and start something together, we just didn't realize how soon it would be. Chris Erwin:This is like one of the first nights with a company at an off site, and you meet a new colleague, and you decide then and there like, "We're going to start a company together." That's pretty fast. Chris Ovitz:Basically, we hit it off, and we're like, "We need to do something." And I just had no idea that it would be that quickly. Chris Erwin:Yeah. Why do you think you guys vibe so well? What was special about him? Chris Ovitz:We had really complementary skill sets. He's extremely talented product executive and entrepreneur. He actually just launched his company yesterday called Mojo, which is a sports app for kids and actually to make coaches better and improve the youth sports experience, which I'm actually really excited about. And he's super talented. And yeah, we just knew it. Do you ever meet someone and you're like, you know you're going to be good friends and you know you're going to work well together? That's what it was like. And so we had fun working together at Scopely and we worked on some really fun products together. And then ultimately we decided to go into enterprise software. Chris Erwin:Hey, listeners, this is Chris Erwin, your host of The Come Up. I have a quick ask for you, if you dig what we're putting down, if you like the show, if you like our guest, it would really mean a lot if you can give us a rating wherever you listen to our show. It helps other people discover our work. And it also really supports what we do here. All right, that's it everybody. Let's get back to the interview. Chris Erwin:In under a year, you end up founding what's called Workpop. What was Workpop? Chris Ovitz:Back then, mobile job search was almost non existent. And so we wanted to build a better hiring experience for essential workers. So back then, most of the hiring platforms were really focused on building for the employer, and not the job seeker. And so we decided we wanted to build a better experience. And it was a great idea, started with great intentions. I went into that space because I wanted to prove that I could do something that was completely outside of media and entertainment. I wanted to show people that I can build a real company. Chris Ovitz:And I did that. But along the journey, which took me to places like selling door to door in places like Birmingham, Alabama, nothing wrong with Birmingham, Alabama, but I realized that wasn't where I wanted to be. And I realized that I needed to be passionate about the space. And I thought I could build anything and be excited about it as long as it was my team. I was super excited about the team, really enjoyed who I was working with. But at the end of the day, these companies take on a life of their own, and you need to be in a space that you truly, truly love. Chris Ovitz:And so that was probably my big learning with Workpop. Further, we went down the stack. It started as job seeking, and then it became hiring software. And we're building HR software. And then we were like smack in the middle of the HR tech space. And that's when I realized it wasn't for me. We were building a product for small and medium businesses, and it's just a really tough grind selling into that segment. Chris Erwin:You mentioned that you went to Birmingham, Alabama for a sales trip when you were at Workpop. What's that story? Chris Ovitz:Look, this is where I realized that I needed to get out of the enterprise software business. My partner and I were on a plane, and we were flying to Birmingham, and the only thing we were excited about was going to be the food we were going to eat in the south. We both looked to each other and kind of had this moment where it's like, "Do we really?". We were both media guys. He came from the game world, and we both kind of ended up in this space, because we had a good idea. And we landed in Birmingham, and we were staying in a motel and we were there to sell a Papa John's franchisee. And we're going in and we met with the HR team was run by this very nice, but like 80 year old woman, and really didn't understand how technology worked. And so we found ourselves selling to a lot of those customers, and it was draining. And when we both looked, we were like, "Where are we? What are we doing right now?" And I think that was the moment. Again, I don't want to take anything away from Birmingham, Alabama. But it just wasn't where I wanted to be in my life. If I was going on sales trips, I wanted to be in New York or Chicago or San Francisco or places like that. Chris Erwin:Yeah. When you landed and you were doing these sales meetings in person, did you guys feel like immediately out of place? What was going on there? Chris Ovitz:Yeah, we definitely felt out of place. And it just felt like we could never do enough. I mean, we were running the business but we were also selling the product. We didn't have some huge sales force. And so it just took a lot to gain even an inch. We felt like we were running miles to get those small wins. And so whether we are in Birmingham, Alabama, or Orlando, Florida, it was just all over the country selling software. It just wasn't what I was into. Chris Erwin:Yeah. Well, Chris, I want to go back to something that you said where when you founded Workpop, you wanted to prove that you could build something that's not in media entertainment. So it's interesting, because you start in the core of the media entertainment industry, you're working at Paramount Vantage for a very seasoned studio executive and talent agent. And then you do start working in and then founding some companies that are at the intersection of tech and media. So the sentiment that you wanted to prove that you could do something different, was that for you or was it for someone else? Chris Ovitz:I think when you have a successful father, at the end of the day, you have a bar that's set for you. And so you're always trying to live up to that bar. And everyone always has preconceived notions of how you're going to be or expectations of you. And I think everyone expected me to do something in media entertainment, expected me to use my network to bring influencers into something right or do something influencer related, and I didn't want to do that. And I needed to scratch that itch. And I'm glad I did it. And it taught me a lot and led me to where I am today. Chris Erwin:So what happens with Workpop? Do you stay there through a sale to another company or you depart before the acquisition? What happens? Chris Ovitz:At Workpop, about five years in, one of our investors Cornerstone was interested in acquiring the company and the team. There was a natural fit, and they had an SMB product that they wanted to expand on and it was a perfect fit. And so I stayed on through the acquisition, but I knew that I wasn't going to stay and run technology partnerships. A big public enterprise software learning management system company, that wasn't in my future, it wasn't for me, incredible company, really a big fan of the Cornerstone team. And Adam Miller, he's a great advisor to us. But if I was being honest with myself, it wasn't where I was going to continue my career. So I took some time off. I was a new father, a relatively new father. My son was about three at the time, and really started thinking about what I wanted to do next. Chris Erwin:Yeah, it's interesting to hear you talk about your realization moment there that hey, this is not where I want to be like in terms of your career and work. In an interview with Chas Lacaillade, who's the founder of Bottle Rocket Management, an influencer management company, on our podcast, he was on a road trip in Louisiana in the Bayou. He was selling water pumps. He was in LA. And then he was working for a water pump company out of Orange County. He was on this sales trip and realized there in a conversation with his coworker Buddy in the car, like, "Hey, I need to get back to LA. This is not the right industry for me." So you guys definitely have parallels in your story there. Chris Ovitz:Definitely a wake up call for me. Chris Erwin:Yeah, all right. So after Workpop, you then launch OK Play, which is the company that you're at right now. So what's the story of how OK Play came to be? Chris Ovitz:I mean look, it sounds cliche, but I wanted to create something for my son. I was a relatively new father. Son's three years old at the time. I was watching one day while he was a preschool, I was watching Won't You Be My Neighbor, which is the Mr. Rogers documentary. And I became incredibly inspired. This was a man that knew how to reach children, how to talk to them in a way that they felt heard and understood. He didn't treat them like little kids. He treated them like real people, just smaller people. And I thought that was fascinating. And the way he used the television to reach a very, very large audience was very similar to the way that the mobile devices are ever present and not going anywhere. Chris Ovitz:And so in the way that I learned how powerful community was in Viddy, I thought that we could do something similar with the mobile devices and kids today. So I think that there's so much guilt in general for parents, and then there's all this judgment and guilt around screen time. And I think that we forget in our little bubbles in our world is that the whole no screens thing is a privilege. And the YouTube as a babysitter is real, and it's a problem. And I think at the end of the day, balance is key. And I think that there's no reason we can't reimagine screen time. These devices aren't going anywhere. And so I wanted to create something. My partners wanted to create something that was screen time that wasn't leaned back, that really puts kids at the center of the story and the creation. Chris Erwin:I like how you just phrase that, where I think a lot of people look at kids' content consumption as a problem that plagues the U.S. and all these other countries. But how do you put kids in the driver's seat of that content, that story to make it productive and helpful? I really like how you position that. So you have this vision. And so then how does this start? Where do you begin building and with who? Chris Ovitz:So I immediately called JJ, who was my co-founder of Viddy. And he was at Headspace at the time consulting for them, actually. And I was like, "You got to watch this documentary." He did. He was like, "Oh my God, this is awesome. I totally see what you mean. Let's start thinking about what this could look like." We reached out to our former CTO, Ken Chung, who's one of our co-founders, and he was running a big engineering team at Snap. So he was in charge of the camera team there, very talented engineer. He was at Fullscreen as well. And he's a new father. And so he got super excited about the potential. Chris Ovitz:And then we just kept building from there one by one, reaching out to people in our network that were extremely talented, that had young kids that could get excited about this. And so it really went from that is how the idea started to when we brought a gentleman named Travis Chen in, who's an interactive play designer. And he was the Chief Game Designer at Scopely, which is where I met him, super talented guy. And he was the one that really brought the play into the mix, and how we really started thinking about learning through play as the mechanism for which we were going to achieve our goals. Chris Ovitz:And so he joined. He was the Creative Director for Games and Interactive at Bad Robot, which is JJ Abrams' company. And then before he joined us, he was at Snap running all their AR innovation stuff. And so he was just the perfect person to come in and really help us think about how we can make the phone almost like a cardboard box. So when you see a cardboard box, you see a cardboard box. When a kid sees a cardboard box, they see a rocket ship, a castle, whatever. And so we wanted to take that philosophy and apply it to the content we were creating in the phone. So I think our OK Play, the vision is about really making it kid led, but parent involved. That's when kids really learn the most. So you can go on a treasure hunt with your child, you can do a fire rescue, you can run a candy factory and the kid is at the center of these stories, and they're creating them and then they're creating a piece of content that they can share with their family members. Chris Erwin:And is it intended for co-consumption, where it's both the parent and the child consuming and participating in the experience at the same time? Chris Ovitz:Absolutely. So it's all about this staring versus sharing, right? We want to get away from the mind numbing, like kid in zombie mode, create truly interactive content that is active and engaging and parents are included. I think this comes back to, so our other co-founder, who's our chief scientist, Colleen Russo Johnson. She's our child development expert and kids media expert. She did all this research on kids absorbing more when the parents are involved. So she did a bunch of research on Daniel Tiger, just the spiritual successor to Mr. Rogers. And I discovered her in an article in The Atlantic, in which she was quoted, it was the article is about ChuChu TV, which is basically like the Cocomelon of India. And she was talking about this study that she did, that kids learn the social and emotional concepts, learning concepts in Daniel Tiger much more quickly, and they absorb much more when the parent is actually watching it with them and engaging with them while they're watching it, than when they're just staring at it alone. Chris Ovitz:And so we took a lot of that and built what you see in OK Play today. And because of that article, we reached out to her, she started advising us and the and we're like, "You're perfect. You need to come join us and build this." And she was like, "This is my life's work in an app. This is awesome." And yeah, we just kind of built an all star team and just went after it. Chris Erwin:Yeah, this makes me think of have you heard of Nike Adventure Club? Chris Ovitz:I have not, actually. Chris Erwin:I think we wrote about this, maybe now almost like a year and a half ago. But essentially, Nike came up with like a subscription club for their shoes that brings both parents and kids together. So kids can go into the app with their parents and say, "Oh, I like these shoes. I like the story behind them.", learn about them, learn about their environmental impact when they are discarded. And then you sign up for the shoe. And then I think you can get replacements like once every six months or 12 months. And then along with the shoe also comes games and experiences and things you could do it like the local playground or at home. And it's this really cool idea that feels very similar to what you're describing. Chris Erwin:It seems like the timing for what you're building is just perfect. Also, I think back to the FTC settlement with YouTube, I think like a year and a half ago, where there's now going to be limited monetization for a lot of the kids content channels. And particularly with all the extremist content and the political backlash and what's happened over the past six months, I think there's a very strong desire for safer content destinations just overall, but particularly for our youth. So have you sensed that, that there's kind of this unique momentum and tailwind that you have in the market right now? Chris Ovitz:Definitely, there is. But I think it's very difficult for kids app developers and kid content creators. I think the privacy laws aren't making it any easier. They're only getting stricter, and they're a gray area and they're a moving target, which makes it tough. And the lawmakers aren't technologists. And so in some cases, the laws don't make any sense and just really don't apply. That said, children's privacy is, there's nothing more important, and we have to protect our kids online. But I would say it's getting very, very difficult to create this content because of the privacy laws. So you got to be, when you're thinking about making this content, you got to abide by a strict set of rules, you got to make sure you're not having outbound links that are triggering browsers, you got to gate everything. Social interaction can be a big no, no, but there's ways to do it creatively that are safe for the child. It's definitely the wild west right now, a little bit. Chris Erwin:Yeah. So it feels like you'd have to staff up that department and that need differently than say, what Complex or BuzzFeed would have to staff their digital and production and user experience team. So what does that mean for you guys? Do you have a bigger legal team? Or how do you incorporate that into your workflow? Chris Ovitz:Incredible lawyers, we all are just very aware of what's going on as far as privacy is concerned. There are specific certifications you can go out and get such as kidSAFE to let parents know that your app is safe for children. You just have to be on top of it and pay attention. Chris Erwin:So it seems like a fun part of this too just in the product development, like do you go out and you work with parents and kids to get an idea of like, "Hey, what would get you excited? We want to do some alpha testing." I mean, clearly the founding, the executive team that you guys have brought, brings a lot of personal experience, like you guys are all parents. How do you get inspired and get in the mindset of these children to design something that's really special for them? Chris Ovitz:So several ways. So we do a lot of play testing. We have a really vibrant community of parents and kids that will test things with. Another thing is we have to remember how to be kids. Kids are experts at play, right? We are not, somehow as an adult, you forget that. And so I think being a parent makes it a lot easier. I'm always building Lego or something like that with my son. I found myself as we've started this company, I'm watching children's cartoons and consuming all the content there is online and finding my favorite shows to draw inspiration from and then look, I'm probably the person that is contributing creatively least to what you see in the app, and I rely on our very talented creative team that lives and breathes this stuff to build these experiences and do this programming for children Chris Erwin:Got it. Within the app, is there a certain game or experience that's your favorite right now? Chris Ovitz:Right now, yeah. My favorite is probably Fire Rescue. So you take a picture of your face as a child, and it puts them in the story. And this little character that we have Twiggle, who's the cutest thing on earth in my opinion, invites you on this journey to go be brave with them to basically go to an emergency call. And you end up having to get there and get a couple of characters out of the tree. And they ask you to take pictures of your face and all these different emotions. And it's got really awesome music in it and it's fun. You literally created your own mini show, you can then share with your family members. And so my son loves it. And it's fun to play with it. Chris Erwin:Cool. So there's a storyline but you take a photo of like a selfie. And then that goes into one of the characters in the game. Chris Ovitz:Yes, it puts yourself into the story. It's like an interactive story and you're literally putting yourself in it. And then what happens is, is you'll draw the firetruck. You'll draw the skylines, you'll draw the tree, and then it puts it all together into this interactive story. And you get to then watch it. So it's like you're literally creating, it's almost like you're creating the storyboards for the show. And then we magically put it together and the kid feels like they've just created this really awesome interactive story. Chris Erwin:The character's name is Twinkle, the cutest character on Earth as you said, right? Chris Ovitz:Yeah. Chris Erwin:And this is called Fire Rescue? Chris Ovitz:Fire Rescue, yeah. So if you go into the OK Play app, it will be one of the first stories you see. Twiggle is one of our main characters, almost like our guide, and they take you through this adventure. And they do it. We also have Twiggle's Treasure Hunt. And so you go on a pirate adventure to find treasure and you draw the sea monster and you find out the sea monster isn't actually mean. It's actually trying to help you and a lot of really awesome morals in the story. And it all comes from a place of social emotional learning. It's designed by all of our Ph.D.s and advisors that are awesome. Chris Erwin:Oh wow, any of this content, is it licensed from a third party or is this all incubated in house? Chris Ovitz:It's all done in house. So we have an incredibly talented creative team. We're doing all of our animations, all of our own production, all of our own voiceover stuff. Chris Erwin:Wow. Do you ever get involved in any of the voiceovers or any of the brainstorming or anything like that? Chris Ovitz:Thankfully, no. I am not a fan of being on camera, on audio, anything. So hopefully I do you justice today. Chris Erwin:Got it. Have you already raised seed funding for this or was this just funded by the founders? Chris Ovitz:We did raise seed funding. So we have incredible investors. We've actually raised, we closed our series A over the summer. We've raised $11 million to date. Investors like Obvious Ventures, Forerunner, Lego Ventures, which is Lego's investment arm, Collab+Sesame, which is Sesame Workshop's fund with Collaborative Fund, Dreamers, which is Will Smith's fund. We have a ton of incredible investors. Chris Erwin:Awesome. As I think about fundraising, and then you also talking about the documentary about Mr. Rogers, I think about the impassioned plea that he makes to Congress to have funding, I think for PBS and for his program. It's such a beautiful segment in that film. The gentleman who is running the forum is like sold within five to 10 minutes, and Mr. Rogers gets the funding that he needs. So I don't know if that became part of your pitch or you harnessed that energy as you were raising this first round of funding, but I love that anecdote. Chris Ovitz:Absolutely. We love it too. And look, that was a picture of him and a quote from him. It was the first slide of our deck and that hooks everyone. It's very hard to root against a group of people that want to build something as meaningful as Mr. Rogers did. I'm by no means saying we're going to be the next Mr. Rogers but we would definitely try as hard as we can every day to live by his philosophies and build as much of that into our app as we can. Chris Erwin:Got it. So where does OK Play go next? What are you building towards in 2021? Chris Ovitz:It comes back to this staring versus sharing thing. I think we want to get away from this mind numbing, staring kid zombie mode type of content. And we want to build something that's truly interactive. We're building this new media format in which kids are really the star of what they're creating, and lets them create these adventures that they can then share with their family and friends. And it's all rooted in social emotional learning, and teaches kindness and curiosity and empathy and skills that they need to translate into the real world. Chris Ovitz:And I think now more than ever, it's super important. You have so many children at home, that they can't go to birthday parties, that can't interact with other kids, I talk to so many of my friends that have young kids that when this pandemic started, they were just at the age where they were about to start preschool. And so they interact mostly with adults, and then they'll see another small person, another child, and it's almost like they don't even know what to do, they don't have those skills yet. And so they've been deprived of this social interaction. And so if there's anything we can do to help with these skills, I think we're doing a good job. And so that's what I would love to see us accomplish this year is really reaching more families, and just helping parents and helping parents know that it's okay to take a moment, that just because their child is playing for 15 minutes on an app, it's not the end of the world. Not all content is created equal, and I think balance is key. And it's really, really important that parents give themselves a break. Chris Erwin:Cool. All right, so I have that now, to go back a little bit more personally about you. I think this is like at least the third company that you've found in your career. And you have expressed that in certain previous companies that you realized burnout and you knew when you had to kind of change things up. And I know that your wife Ara is also an entrepreneur, has her own business. You're building OK Play. You're also an investor, which we'll talk about a little bit and you have a young son. So do you feel like that you are stretched in the Ovitz household? Chris Ovitz:Yes. Look, a two entrepreneur household is very tough. I have one child, I don't know how people with multiple do it. You definitely make sacrifices, and my wife and I are not going to sacrifice our son for work. We're just not. So we do our best. I think it's made us much, much more efficient human beings. You just have to, there's no time for the nonsense. And so you just have to be really, really good planners. She's brilliant. I'm very lucky to share a household with an entrepreneur that awesome. Chris Erwin:I like that balanced mindset. I think that's absolutely critical. And more entrepreneurs need to assume that. So okay, we're about to get to the rapid fire. But before we do, Chris, why don't you tell us about, it seems that you do some investing on the side. You've done angel investing in your past but I think that there's a new fund that you're a part of. So what is that all about? Chris Ovitz:About 10 years ago, I was fortunate enough to interview at Twitter, and I met Biz Stone. And he's one of the co-founders and I kept in touch with him. We became friends, he ended up advising a couple of my companies. He was on the board of one of them. And he always said that if he ever formalized his angel investing, which by the way, he has one of the most incredible angel portfolios in history, from Slack to Square to Pinterest to BeyondMe, all of these unicorns. And I think that's because of the way he connects with entrepreneurs and how genuine and authentic he is. Chris Ovitz:But anyways, he said if he was ever going to formalize his portfolio into a VC fund, then I would be one of his first phone calls. He held true to that, and invited me to help him build his first investment fund. It's a $200 million fund. We invest in early stage companies that build the future of health, work, wealth, and play. And it's a lot of fun. I get to see incredible entrepreneurs and see how I can help them. I love connecting the dots. I believe that I'm good at connecting the dots that other people don't always see. And I love putting people together, and as I said, building community. And so I like to think of us as more of an investment group as opposed to a fund and just investing in great people. Chris Erwin:Awesome. Chris, I have to say that we've kind of gotten to know one another through the preparation for this podcast and our conversation right now. Something that stands out to me is that it seems that you have this incredible magnetism to you. Because the people that you attract around you too, whether it's launching a new investment fund or creating the founding teams for companies or recruiting someone from an article that you read, you clearly have a very, very special skill of being able to do that. What defines your magnetism? What is it about you that brings people towards your orbit? Chris Ovitz:It's a good question. I've never really thought about it like that and I appreciate you saying that. I think authenticity and just being comfortable with who I am. And that's what people get when they see me. There's nothing, I'm not positioning, trying to be something I'm not. A lot of people are threatened by people smarter than them. I want to be around as many amazingly talented people as I can get my hands on. And I think it's about building real trust and giving people the attention they deserve. And so it really just comes down to being genuine and being a good friend. And I think that builds trust with people. And then, so when you reach out to them, you're able to make things happen, because there's trust. Trust is everything. Chris Erwin:Yeah, I think that's really beautifully said. So cool. All right, so now we're on to the rapid fire round. So Chris, the rules are as follows. I'm going to ask you six questions. The answers are intended to be brief, one to two sentences, could even just be one to two words. Do you understand the rules? Chris Ovitz:I understand the rules. Chris Erwin:Awesome, all right. First one, proudest life moment. Chris Ovitz:Becoming a father. Chris Erwin:Great. What do you want to do less of in 2021? Chris Ovitz:Sitting in front of a computer. Chris Erwin:Okay. And what do you want to do more of? Chris Ovitz:Seeing friends in real life. Chris Erwin:I think many people would say the exact same right now. What one to two things drive your success? Chris Ovitz:Success is relative. But assuming someone thinks I'm successful, then it would be wanting to set the best example I can for my son. Chris Erwin:Very nice. All right, last handful of questions here. Advice for media executives going into 2021. Chris Ovitz:Dust off those social skills. Chris Erwin:What do you mean by that? Chris Ovitz:I mean, we're spending so much time on Zoom and in front of a computer that I think people may have forgotten how to interact with each other in the real world. Chris Erwin:Yeah, hopefully you haven't lost your magnetism ability. Chris Ovitz:I hope not. Chris Erwin:It's your key asset. All right, last couple here. Any future startup ambitions? Chris Ovitz:Always. I have an idea deck, some worse than others, but they're probably more of my future. Chris Erwin:Where do you keep your ideas? Chris Ovitz:Probably shouldn't tell people this but in my head. Chris Erwin:That way people can't access them, right? Chris Ovitz:Very true. But hey, if the idea is something that someone can cannibalize that easily, then it's not a great idea. Chris Erwin:Agreed. All right, last one Chris, this is an easy one. How can people get in contact with you? Chris Ovitz:They can feel free to email me chris@okplay.co. Chris Erwin:Awesome. I really appreciate you being on the podcast today, Chris. This is a lot of fun. Chris Ovitz:Hey, Chris. I appreciate you inviting me on and yeah, I hope people enjoy it. Chris Erwin:Hey, listeners, before you go, one final reminder. We love hearing from all of you. So if you have any thoughts on the show, any ideas for guests or any feedback at all, please email us. You can reach us at tcupod@wearerockwater.com. All right, that's it everybody. Thanks for listening. Chris Erwin:The Come Up is written and hosted by me, Chris Erwin and is a production of RockWater Industries. Please rate and review this show on Apple Podcasts. And remember to subscribe wherever you listen to our show. And if you really dig us, feel free to forward The Come Up to a friend. You can sign up for our company newsletter at wearerockwater.com/newsletter. And you can follow us on Twitter @tcupod. The Come Up is engineered by Daniel Tureck. Music is by Devon Bryant. Logo and branding is by Kevin Zazzali. And special thanks to Andrew Cohen and Mike Booth from the RockWater team.

Justin Kan is an American internet entrepreneur and investor who co-founded the law-tech company Atrium where he served as CEO. He is the co-founder of live video platforms Justin.tv and Twitch, as well as the mobile social video application Socialcam. He was formerly a partner at Silicon Valley incubator Y Combinator. His attempt to broadcast his entire life at Justin.tv popularized the term "lifecasting". Kan also started a Reddit-style electronic music discovery platform, The Drop. He also contributes to the technology news site TechCrunch and co-founded Kiko Software, an Ajax based online calendar, with Emmett Shear. Kan graduated from Yale University in 2005 with degrees in physics and philosophy. On March 2019, along with Steve Chen he became advisor to Theta, a peer to peer video streaming platform that uses blockchain technology. Subscribe to Justin Kan on YouTube: https://www.youtube.com/channel/UCfRtwc6K_VU9N4OjNnU2P7g​

Hey everyone - a bit of an 'in-between'-isode this week. In this episode, Ali talks to Justin Kan a renowned internet entrepreneur, investor and founder and the co-founder of Twitch, the video game streaming platform. He's also helped found a number of other platforms including Socialcam, a mobile app for sharing video and is an active angel investor and mentor for many startups. They chat through a whole variety of things in this wide ranging discussion, we hope you enjoy it. We'll both be back next week :) --------------------------------------------------------------Join our Membership Community ThingIf you'd like to potentially join the Not Overthinking membership community thing (we discuss it halfway through this episode), please fill out your info here - https://airtable.com/shr1UZc8sWnhAEwJgLeave us a ReviewIf you enjoy listening to the podcast, we'd love for you to leave us a review on iTunes / Apple Podcasts. Here's a link that works even if you're not on an iPhone :) Send us an Audio MessageWe really want to include more listener comments and questions in our episodes. If you've got any thoughts on this episode, or if you've got a conundrum or question you'd like us to discuss, send an audio file / voice note to hi@notoverthinking.com. For any non-audio comments, drop us a tweet or DM on Twitter - https://twitter.com/noverthinking

Miguel Armaza is joined by Michael Seibel and Dalton Caldwell, Managing Directors and Group Partners at Y Combinator (YC). YC is one of the most successful startup accelerators and venture capital funds, and since March 2005 has helped over 5,000 startup founders build and launch companies like Stripe, AirBnB, DoorDash, Dropbox, Reddit, and the list goes on and on… This was a fascinating conversation and Michael and Dalton talked about lessons learned from their years of experience with YC, what they look for in a founding team, and why they are so passionate about helping entrepreneurs. We also touched on their decision to expand beyond the US to back entrepreneurs from all over the world, and the fascinating network effects this has created. Dalton and Michael also shared lessons learned from working with over 200 Fintech companies, including Brex, Stripe, and Coinbase. And some of the Fintech trends they are excited about. Finally, we could not end this conversation without talking about the state of diversity in the industry and hearing what Michael has to say about it Plus a lot more golden nuggets of information! Michael Seibel Michael Seibel is the Managing Director, Early Stage and Group Partner at YC. He was the cofounder and CEO Justin.tv and Socialcam. Socialcam sold to Autodesk in 2012 and under the leadership of Emmett Shear, Justin.tv became Twitch.tv and sold to Amazon in 2014. Before getting into startups, he spent a year as the finance director for a US Senate campaign and in 2005, Michael graduated from Yale University with a BA in political science. Dalton Caldwell Dalton Caldwell is the Managing Director, Architect and Group Partner at YC. He was the cofounder and CEO of imeem (acquired by MySpace in 2009), and the cofounder and CEO of App.net. He has a BS in Symbolic Systems and a BA in Psychology from Stanford University. About Y Combinator Y Combinator is a startup fund based in Mountain View, CA. In 2005, Y Combinator developed a new model of startup funding. Twice a year they invest a small amount of money in a large number of startups. The startups move to Silicon Valley for 3 months, and the YC partners work closely with each company to get them into the best possible shape and refine their pitch to investors. Each batch culminates in Demo Day, when the startups present their companies to a carefully selected audience of investors. Y Combinator has invested in over 3,000 companies including Airbnb, Dropbox, Stripe, Reddit, Instacart, Docker and Gusto. The combined valuation of YC companies is over $300B. For more FinTech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Miguel's Twitter: twitter.com/MiguelArmaza Miguel's Substack: https://bit.ly/3jWIpqp

Michael Seibel is the CEO of Y Combinator which is the world's best startup accelerator. Since 2005, YC has helped launch over 2,000 companies such as Stripe, Airbnb, DoorDash, Twitch, and Reddit.Michael moved to the Bay Area in 2006, and was co-founder and CEO of Justin.tv from 2007 - 2011 and the co-founder and CEO of Socialcam in 2012. Socialcam sold to Autodesk Inc. for $60m in the fall of 2012. In 2014, Justin.tv became Twitch and under the leadership of previous Eli Speaker Series Guest Emmett Shear and Kevin Lin sold to Amazon for $970m.Before moving to the Bay Area, he spent a year as the finance director for a US Senate campaign in Maryland. In 2005, he graduated from Yale University with a bachelor's degree in Political Science. This episode was originally a live fireside chat.Yale Entrepreneurial Society LinkedIn: https://www.linkedin.com/company/yale-entrepreneurial-societyYES Instagram: https://www.instagram.com/yale_entrepreneurs/Donate to the Yale Entrepreneurial Society Non-Profit: https://www.yesatyale.org/donateChris Hladczuk's Twitter: twitter.com/chrishladMichael Seibel's Twitter: twitter.com/mwseibel

My guest this week is Michael Seibel. Michael is a Partner at Y Combinator, and the CEO of YC's startup accelerator. He was the cofounder and CEO Justin.tv, which eventually became Twitch, and Socialcam. In this conversation, we discuss all Michael has learned reviewing thousands of applications to YC, interviewing countless new entrepreneurs, and watch young companies begin to grow and, occasionally, find product market fit. Listeners will also enjoy when Michael traps me big time in my thinking about AirBnb and his framework for great problems to solve. Enjoy this great conversation with Michael Seibel   This episode of Invest Like The Best is sponsored by Canalyst. Canalyst is the leading destination for public company data and analysis.  If you’re a professional equity investor and haven’t talked to Canalyst recently, you should give them a shout. Learn more and try Canalyst for yourself at canalyst.com/Patrick.     For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag   Show Notes (2:22) – (First question) – Emerging trends among founders (6:00) – The long-term impact of Covid on business (7:16) – What an application to YC looks like and what stands out for him (11:46) – What he wants to learn in the interviews (13:54) – Poise in the interviews (15:40) – How the YC experience has evolved and improvements they’ve made (18:38) – How he defines technology             (18:50) – Every Company is Becoming a Software Company (21:12) – His thoughts on non-software companies and how they play into what YC does (23:48) – Why frequency and intensity of the problem matter to him (28:32) – Serving the supplier and building the demand (30:38) – Bravery in founders (36:07) – Partnerships and collaboration in venture capital investing (37:58) – Second time founders focus on distribution (39:23) – Coaching the psychological component of being a founder (44:16) – Learning as a founder vs the education system (46:08) – Customer vs investor focus of founders’ mindset (48:16) – How teams know they are really onto something (52:38) – His being a founder trainable or innate (54:08) – Kindest thing anyone has done for him   Learn More For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag

Podcast Notes Key Takeaways Founders are more concerned about making a positive impact today than in the pastWhat Michael Seibel looks for in YC applicantsThe team’s ability to build and launch the first version of the productEvidence of forward-motionEvidence of a strong relationship between co-founders“The beautiful thing about founders is their ability to lie to themselves, and the number one thing they lie about is whether they have product-market fit. The great founders, limit the amount they lie” – Michael SeibelYC’s secret sauce is the batch, not the adviceWhen you put a startup founder in a batch of people pushing really hard, he’s going to accomplish more than he ever thoughtIn startups, it’s far more important to focus on customers’ interactions that investors’ relations. Proof that you are solving a real customer’s problem gives you enormous leverage with investorsRead the full notes @ podcastnotes.orgMy guest this week is Michael Seibel. Michael is a Partner at Y Combinator, and the CEO of YC's startup accelerator. He was the cofounder and CEO Justin.tv, which eventually became Twitch, and Socialcam. In this conversation, we discuss all Michael has learned reviewing thousands of applications to YC, interviewing countless new entrepreneurs, and watch young companies begin to grow and, occasionally, find product market fit. Listeners will also enjoy when Michael traps me big time in my thinking about AirBnb and his framework for great problems to solve. Enjoy this great conversation with Michael Seibel   This episode of Invest Like The Best is sponsored by Canalyst. Canalyst is the leading destination for public company data and analysis.  If you’re a professional equity investor and haven’t talked to Canalyst recently, you should give them a shout. Learn more and try Canalyst for yourself at canalyst.com/Patrick.     For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag   Show Notes (2:22) – (First question) – Emerging trends among founders (6:00) – The long-term impact of Covid on business (7:16) – What an application to YC looks like and what stands out for him (11:46) – What he wants to learn in the interviews (13:54) – Poise in the interviews (15:40) – How the YC experience has evolved and improvements they’ve made (18:38) – How he defines technology             (18:50) – Every Company is Becoming a Software Company (21:12) – His thoughts on non-software companies and how they play into what YC does (23:48) – Why frequency and intensity of the problem matter to him (28:32) – Serving the supplier and building the demand (30:38) – Bravery in founders (36:07) – Partnerships and collaboration in venture capital investing (37:58) – Second time founders focus on distribution (39:23) – Coaching the psychological component of being a founder (44:16) – Learning as a founder vs the education system (46:08) – Customer vs investor focus of founders’ mindset (48:16) – How teams know they are really onto something (52:38) – His being a founder trainable or innate (54:08) – Kindest thing anyone has done for him   Learn More For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag

Podcast Notes Key Takeaways Founders are more concerned about making a positive impact today than in the pastWhat Michael Seibel looks for in YC applicantsThe team’s ability to build and launch the first version of the productEvidence of forward-motionEvidence of a strong relationship between co-founders“The beautiful thing about founders is their ability to lie to themselves, and the number one thing they lie about is whether they have product-market fit. The great founders, limit the amount they lie” – Michael SeibelYC’s secret sauce is the batch, not the adviceWhen you put a startup founder in a batch of people pushing really hard, he’s going to accomplish more than he ever thoughtIn startups, it’s far more important to focus on customers’ interactions that investors’ relations. Proof that you are solving a real customer’s problem gives you enormous leverage with investorsRead the full notes @ podcastnotes.orgMy guest this week is Michael Seibel. Michael is a Partner at Y Combinator, and the CEO of YC's startup accelerator. He was the cofounder and CEO Justin.tv, which eventually became Twitch, and Socialcam. In this conversation, we discuss all Michael has learned reviewing thousands of applications to YC, interviewing countless new entrepreneurs, and watch young companies begin to grow and, occasionally, find product market fit. Listeners will also enjoy when Michael traps me big time in my thinking about AirBnb and his framework for great problems to solve. Enjoy this great conversation with Michael Seibel   This episode of Invest Like The Best is sponsored by Canalyst. Canalyst is the leading destination for public company data and analysis.  If you’re a professional equity investor and haven’t talked to Canalyst recently, you should give them a shout. Learn more and try Canalyst for yourself at canalyst.com/Patrick.     For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag   Show Notes (2:22) – (First question) – Emerging trends among founders (6:00) – The long-term impact of Covid on business (7:16) – What an application to YC looks like and what stands out for him (11:46) – What he wants to learn in the interviews (13:54) – Poise in the interviews (15:40) – How the YC experience has evolved and improvements they’ve made (18:38) – How he defines technology             (18:50) – Every Company is Becoming a Software Company (21:12) – His thoughts on non-software companies and how they play into what YC does (23:48) – Why frequency and intensity of the problem matter to him (28:32) – Serving the supplier and building the demand (30:38) – Bravery in founders (36:07) – Partnerships and collaboration in venture capital investing (37:58) – Second time founders focus on distribution (39:23) – Coaching the psychological component of being a founder (44:16) – Learning as a founder vs the education system (46:08) – Customer vs investor focus of founders’ mindset (48:16) – How teams know they are really onto something (52:38) – His being a founder trainable or innate (54:08) – Kindest thing anyone has done for him   Learn More For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club and new email newsletter called “Inside the Episode” at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag

When he was just 23, Michael Seibel co-founded and became the CEO of Justin.tv, which in 2014, rebranded to gaming platform Twitch and subsequently sold to Amazon for 970 million dollars. A serial entrepreneur, Michael went on to found Socialcam, acquired by Autodesk, and now applies his talents to helping discover the next Silicon Valley success as a partner at Y Combinator, a seed accelerator that has helped launch over 2,000 companies, including Airbnb, DoorDash, and Dropbox. Here – to explain why he thinks most startups fail – is Michael Seibel, decoding Silicon Valley. -- All episodes for Season 1 of “DECODE: Silicon Valley” are available now on lyceum.fm.

Justin Kan is an internet entrepreneur. He is best known for founding Kiko, the first AJAX web calendar; Justin.tv, a live video streaming platform; Socialcam, a mobile video sharing app (acquired for $60mm by Autodesk in 2012); Twitch, a video game streaming platform (acquired by Amazon for $970mm); and Exec, an on demand maid service (acquired by Handybook in 2014). He is currently a partner at the seed fund Y Combinator. He graduated from Yale University with a degree in Physics and Philosophy.

Michael Seibel is CEO and a partner at Y Combinator and co-founder of two startups – Justin.tv and Socialcam. He has been a partner at Y Combinator since 2013, advised hundreds of startups, and has been active in promoting diversity efforts among startup founders. Hear his take on the future of work with a decade in learnings from YCombinator.   Missed the session? Here’s what Michael talks about: How quickly should you hire? When is the right time to sell a startup? How large a differentiator will investors make in your company? If you would like to find out more about the show and the guests presented, you can follow us on Twitter here: Jason Lemkin SaaStr Michael Seibel

Want actionable advice from a founder who has built multiple tech companies and has invested the time to be open, introspective, and transparent about lessons learned? In this episode (which originally aired as a YouTube video), a16z General Partner Andrew Chen (@@andrewchen) talks with Justin Kan (@justinkan). Justin is a repeat entrepreneur who co-founded Kiko Software (a Web 2.0 calendar that pre-dated Google Calendar by 4 years); Justin.tv (a lifecasting platform); Twitch.tv (a live streaming platform for esports, music, and other creatives now part of Amazon); Socialcam; and now Atrium, a software-powered law firm for startups. Justin reflects on his journey and shares 10 + 1 lessons he’s learned: The paradox of choice: choosing a focus Tradeoffs between B2B versus B2C companies Market risk vs execution risk Fundraising strategy: go big or stay lean? Managing the stress of being a startup CEO (again!) Seeking out mentors, coaches, and peers for help Intentionally designing a culture to avoid the pitfalls of “culture eating strategy” Things he’s still doing in his latest startup—and things he’s doing very differently Managing higher expectations What he’s reading and listening to Bonus: advice he’d give his 20-year old self The views expressed here are those of the individual AH Capital Management, L.L.C. (“a16z”) personnel quoted and are not the views of a16z or its affiliates. Certain information contained in here has been obtained from third-party sources, including from portfolio companies of funds managed by a16z. While taken from sources believed to be reliable, a16z has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by a16z. (An offering to invest in an a16z fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation of any such fund and should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by a16z, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by Andreessen Horowitz (excluding investments and certain publicly traded cryptocurrencies/ digital assets for which the issuer has not provided permission for a16z to disclose publicly) is available at https://a16z.com/investments/. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see https://a16z.com/disclosures for additional important information.

Justin Kan is the exceptionally talented Silicon Valley founder and investor that’s co-founded companies like Twitch, SocialCam, Exec, and Atrium (with over $1bn in exits). He is also a former partner of the famed accelerator Y Combinator and a personal investor in dozens more startups. Today’s conversation covers everything from his near death experience that shaped his life to how to increase your baseline happiness (heads up: it has nothing to do with selling your company). Email James questions at askbelowtheline@gmail.com Follow us on Twitter @ twitter.com/gobelowtheline — “Below the Line with James Beshara" is brought to you by Straight Up Podcasts LLC.

Amy Buechler is an executive coach for startup founders.Michael Seibel is a partner and the CEO of YC.In this episode we talk about coaching and use examples from Michael’s time working on Justin.tv and Socialcam.You can find Amy at her site foundercoach.io and on Twitter at @amybue.Michael is on Twitter at @mwseibel.The YC podcast is hosted by Craig Cannon.***Topics00:00 - Intro00:41 - What is coaching?01:11 - How is coaching different from therapy?2:31 - What are the most common challenges founders in coaching have?3:26 - Challenges with roles and responsibilities at Twitch7:46 - How would Amy have coached Michael around roles and responsibilities?9:41 - Not being disruptive as a leader11:31 - Switching roles at Twitch12:46 - Uneven equity splits15:01 - Distributing and negotiating equity21:16 - Communicating your own value22:51 - Can there be too much communication?24:11 - Productive arguments28:11 - Talking about performance issues30:16 - Setting clear goals and managing motivation33:16 - Enjoying the work34:01 - Conversations about runway36:51 - Digging your company out of the grave and continuing40:21 - Michael being against coaching initially42:31 - How to have hard conversations44:16 - Removing a responsibility from someone49:51 - Returning to roles and responsibilities 50:41 - Jeanie McCallister asks - What’s the single most important piece of advice you can give a founder?

Michael Seibel is a partner and the CEO of YC. He cofounded Justin.tv, which was in the winter 2007 batch and Socialcam, which was in the winter 2012 batch.In this episode Michael comments on five of his essays. The essays are: Why Should I Start a Startup?, One Order of Operations for Starting a Startup, The Real Product Market Fit, Users You Don’t Want, and Why Does Your Company Deserve More Money?Michael’s on Twitter @mwseibel.The YC podcast is hosted by Craig Cannon.***Topics0:00 - Intro0:42 - Why Should I Start a Startup?2:00 - Three types of people: people highly motivated when working for themselves, people that could succeed starting a startup or within a big company, and people that could succeed within a big company.6:00 - How do you decide what type of person you are?7:30 - Identify bias in advice givers10:30 - Peer advice becomes less valuable during college14:40 - One Order of Operations for Starting a Startup15:40 - People aren’t taught how to find ideas17:20 - Find a particular problem that you’re passionate about20:55 - Find some friends and brainstorm a solution23:20 - Build an MVP25:55 - Two failed orders of operations for starting a startup29:57 - The Real Product Market Fit 30:57 - Why do many founders think they have product market fit when they don’t?35:42 - Building a successful company is not a single variable problem37:27 - Socialcam didn’t hit product market fit38:37 - Justin.tv had $1M in profit before reaching product market fit42:27 - Some companies take a long time42:55 - Users You Don’t Want44:25 - The spectrum of how users are using your product45:55 - Users that take a lot of customer support time48:50 - Don’t let the hijack users control the product roadmap49:31 - Why Does Your Company Deserve More Money?50:31 - A team, a product, and an office are all just a means to an end51:31 - If you don’t really deserve money, what is an alternate path to create leverage?53:16 - Breaking even at Justin.tv was a moment of infinite clarity55:31 - Series A program and leverage

In this episode of Product Hunt Radio, I'm visiting Y Combinator's San Francisco headquarters to talk to two of the people who are integral to Y Combinator — Kat Manalac and Michael Seibel. Kat is a Partner at Y Combinator and one of the people that convinced us to apply to join the program back in 2014. She's been at YC for five years, focusing on founder outreach, company pitch perfection, and much much more.. Prior to joining YC, she was Chief of Staff to Reddit founder Alexis Ohanian and also worked on brand and strategy at WIRED. Michael is CEO of Y Combinator's accelerator program. He has been through YC himself a couple of times — first in 2007, as co-founder and CEO of Justin.tv — and again in 2012 as co-founder and CEO of Socialcam. Justin.tv later became Twitch and sold to Amazon, and Socialcam was sold to Autodesk. In this episode we talk about: The evolution of Y Combinator. It's changed a ton since Product Hunt went through the program four years ago. They've been working on several programs for founders — things that Michael wishes existed when he went through the program. Michael and Kat's advice for founders, including counterintuitive tips they've learned after working with literally *thousands *of startups. A key mistake that trips up new founders when pitching their company, as well as advice for founders seeking a technical co-founder. How YC has scaled the organization as a 50-person company with its 4,000 (and growing) alumni. Of course, we also chat about some of their favorite products, including a virtual assistant that will do anything, a $1,500 smart mirror that will get you fit, and a beverage that will get you high. We’ll be back next week so be sure to subscribe on Apple Podcasts, Google Podcasts, Spotify, Breaker, Overcast, or wherever you listen to your favorite podcasts. Also, big thanks to our sponsors, Airtable, GE Ventures, Intercom and Stripe for their support.

Michael Seibel is a Partner and the CEO of YC. He cofounded Justin.tv, which was in the Winter 2007 batch and Socialcam, which was in the Winter 2012 batch.For this episode we took questions from the internet. If you have questions for a future office hours episode, just tweet them our way.Read the transcript here.The YC podcast is hosted by Craig Cannon.We're accepting applications from startups for the Winter 2019 funding cycle. Apply here.Questions00:25 - Why is YC worth 7% of your company?6:25 - Generating leverage when fundraising12:07 - Youssef asks - How did you validate your product market fit?15:00 - LC Carrier asks - How does YC feel about companies who don't want to raise VC after the program?17:05 - Edmilson Rodrigues asks - Do companies need to be incorporated already to participate in YC?18:50 - Alex Rodriguez asks - What do you look for in startups that haven't had good growth but continue to push through (e.g. AirBnB) that makes you accept them?26:50 - Fedor Paretsky asks - Do you have techniques you encourage to make pitches sound more exciting?35:05 - David Chen asks - How to find mentors and advisors?39:25 - building EatNeat asks - What if anything are you specifically looking for in a startup that wants to be a part of the Startup School 2018?40:00 - Ryan Carl Mercer asks - What's your preferred way organizing your time?41:05 - John Rigler asks - Can intrapreneurship be effective? I recently returned to IBM, have a patent, and yet have only vague ideas about how to signal and organize other like-minded folks. Could this path sabotage my dreams?41:55 - Horacio Chávez asks - How would you approach an investor who says "I won't invest unless you have a patent"?42:35 - Yahya Elamrani asks - Why does it feel like entrepreneurs aren’t marriage material? Should an entrepreneur look for an entrepreneurial spouse?44:15 - Yahya Elamrani asks - How intense do you really have to be to found a startup?48:50 - Is there a particular stage of company that's best served by Startup School?50:35 - How do you get the most out of Startup School?

Justin Caldbeck is a Co-Founder and Managing Partner at Binary Capital, one of Silicon Valley's leading early stage funds focussed on the consumer space with $300m AUM. Prior to founding Binary, Ryan was a Managing Director @ Lightspeed Venture Partners where he made investments in the likes of GrubHub, TaskRabbit, SocialCam and many more incredible companies. Before joining Lightspeed, Justin was a Partner at Bain Capital Ventures and was responsible for launching the firm’s West Coast office.    In Today’s Episode You Will Learn: 1.) How Justin made his way into venture and came to found Binary Capital? 2.) Question from Binary LP, Judith Elsea: Has it been harder to win deals at Binary without the big and established fund names behind you? How has the conversation with founders changed? 3.) Why is Justin so excited by what he calls, 'vibrant moneyless commerce platforms? What has done previously in the space? Why is it different now? 4.) Why is Justin so bullish on the often over-hyped 'on-demand' economy? Which verticals provide the best opportunities to provide an on-demand experience without the need for local infrastructure? 5.) Friends and Family Round: Ryan Caldbeck @ CirleUp: What VCs does Ryan most admire and respect? 2.) What makes 1 VC a great board member and another not? Tiffany Zhong: What are your biggest misses? 2.) What are the biggest issues in VC? Items Mentioned In Today’s Episode:  Justin’s Fave Book: Grit by Angela Duckworth Justin’s Most Recent Investment: Recharge As always you can follow The Twenty Minute VC, Harry and Justin on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. The Twenty Minute VC is proudly sponsored by Luma, Luma is the world’s first ever Surround WiFi system that brings speed, security and control to the home network. And Unlike traditional routers, Luma comes in a pack of two or three sleek devices to place in different rooms in your home. Luma then creates a mesh network that work together to create an outrageously-fast, ultra-secure Surround WiFi network.  Lastly, Luma’s app lets you easily see and control which devices, users and content are on your network. To buy your Luma, simply dead to getluma.com or amazon.com. So many problems start with your head: stress, depression, anxiety, fear of the future. What if there was some kind of exercise you could do, that would help you get your head in shape. That’s where the Headspace app comes in. Headspace is meditation made simple. The Headspace app provides guided meditations you can use whenever you want, wherever you want, on your phone, computer or tablet. They have sessions focused on everything from dealing with stress and depression, to helping you eat more mindfully. So download the Headspace app and start your journey towards a happier, healthier life. Learn more at headspace.com/20vc. That’s headspace.com/20vc.

Justin Kan is a Partner @ world renowned, Y Combinator. The birthplace of the likes of Airbnb, Reddit, Dropbox, Stripe, Zenefits and many more incredible companies. Prior to YC, Justin co-founded SocialCam, acquired by Autodesk for $60m and Twitch.tv, the world's leading video platform and community for gamers, acquired by Amazon for $970m in 2014.   In Today’s Episode with Justin You Will Learn: How Justin came to found Twitch.tv and then later made the transition into VC with YC? Having been a YC alum, how has Justin seen YC as an institution change over time? How have the interviews, demo days, mentoring arrangements altered? How can YC keep the same quality of startup treatment with the mass scaling taking place? YC always positions itself as an accompaniment to the VC industry, does the new $700m YC growth fund not directly compete against VCs? What 3 qualities does Justin believes all good investors must have? How has Justin looked to establish his own personal brand? What has worked and what has not? Justin is very bullish on Snapchat, why so? What makes Justin so excited for the platform? How does Justin use it to such success? What would Justin like to see change in the platform? Items Mentioned In Today’s Show: Justin’s Fave Book: Shogun Justin’s Fave Blog or Newsletter: Nuzzel & The Information As always you can follow Harry, The Twenty Minute VC and Justin on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.

Jonathan Abrams is the founder & CEO of the social news service Nuzzel.  Jonathan is also co-founder and Managing Partner of Founders Den, a shared office space and private club for experienced entrepreneurs and their friends. Previously, Jonathan was the founder & CEO of Socializr, Friendster, and HotLinks, and a software engineer at companies such as Netscape and Nortel. Jonathan is a board member at Girls in Tech, an advisor to CodeNow, and has previously been a mentor in Steve Blank's entrepreneurship classes at Stanford and Berkeley, a top-rated mentor at The Founder Institute and a member of the advisory board of the Silicon Valley Association of Startup Entrepreneurs. Jonathan is also an angel investor in over 50 startups including AngelList, Docker, Front, HelloSign, Instacart, Sapho, Seed, Slideshare, Socialcam, and Vouch.   Click To Play   In Today's Episode You Will Learn: 1.) How did Jonathan make his way into tech and come to found the likes of Friendster and Nuzzel? What were his biggest lessons from working at Netscape? 2.) How can founders determine the customer stickiness and value proposition in the early days of product testing with friends and family? 3.) How does Jonathan view the competitive landscape for news aggregation? Why is consumer app such a competitive space? 4.) Question From Matt Mazzeo: How does Jonathan compare this moment in time to previous points in the innovation curve? 5.) Having worked with both the old and the new guard of VC, how does working with Lowercase, Homebrew and Softtech compare with the old guard of Benchmark and Kleiner Perkins? Items Mentioned In Today's Episode: Jonathan's Fave Book: Startup: A Silicon Valley Adventure, Jerry Kaplan As always you can follow The Twenty Minute VC, Harry and Jonathan on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here!   The Twenty Minute VC is brought to you by Leesa, the Warby Parker or TOMS shoes of the mattress industry. Lees have done away with the terrible mattress showroom buying experience by creating a luxury premium foam mattress that is order completely online and ships for free to your doorstep. The 10 inch mattress comes in all sizes and is engineered with 3 unique foam layers for a universal, adaptive feel, including 2 inches of memory foam and 2 inches of a really cool latex foam called Avena, design to keep you cool. All Leesa mattresses are 100% US or UK made and for every 10 mattresses they sell, they donate one to a shelter. Go to Leesa.com/VC and enter the promo code VC75 to get $75 off!

February 25th, 2016 Startup Exchange, a student run entrepreneur community at Georgia Tech, hosted Y Combinator at The Garage in Tech Square. Kat Manalac - Partner Y Combinator Kevin Hale - founded Wufoo, which was funded by Y Combinator and acquired by SurveyMonkey. Michael Seibel - cofounder of Justin.tv and SocialCam.

Justin Kan doesn’t come off as the type who lives for the spotlight. Which is funny, because at one point he live-streamed his life, 24/7 for the whole world to see, for months. That may seem like an unlikely path to a billion-dollar sale, but in fact, the early experiment in the world of live video got Kan and his partner Emmett Shear part of the way there. That unconventional level of dedication and curiosity is a testament to how these two have been willing to dive into the opportunities before them, leading them through a flurry of tech business successes. Kan’s CV speaks for itself: He co-founded hit companies Twitch, Justin.tv, Socialcam, Exec, and is now a partner at startup incubator Y Combinator, which invests millions annually into tech companies. A native of Seattle’s Capitol Hill neighborhood, Kan was not an obvious candidate for someone who would succeed in tech. He has a certain natural charisma, but studied physics and philosophy at Yale, neither of which is necessarily a match for a career in startups. However, he received a crash course in entrepreneurship from an early age by watching his mother run her own real estate business, and it seems to have stuck. From there, Kan experienced his share of losses and ridiculously spectacular wins, developing a series of products that define the chapters of his fascinating career in tech startups. In this interview you will learn: The exact process of coming up with, developing and selling your startup idea When to pivot and the signs to look out for What startup accelerators like Y Combinator are looking out for How to hustle harder than everyone else around you and gain the competitive advantage Why you should bet on the founders and not the startup itself and the wins that come with it & much more!

In this episode Justin Kan, partner at Y Combinator and founder of Justin.tv, Twitch, Exec, and Socialcam joins us. Justin shares tips for hopeful YC applicants, the motivation behind his new EDM music discovery site, and impressions of this renewed interest in livestreaming video. Listen in. P.S. Here's a pic of the original Justin.tv broadcasting machine, as taken from our "recording studio" at Twitch: https://instagram.com/p/0B2Gs9D9Z1/

Mike Seibel has enjoyed the most incredible career in the technology industry on both the Founder and the VC side of the table. He was Co-Founder and CEO of Justin.TV which was part of the Y Combinator Winter Class of 2007, and was later acquired as Twitch.TV by Amazon for $970 million. In that time Mike also created a spin off from Justin.TV, SocialCam, where he was Co-Founder and CEO, culminating in their acquisition in 2012 for $60 million by Autodesk.  Items mentioned in Todays' Show: Twitch.TV SocialCam Y Combinator Dropbox What you will learn in this episode? How Mike got into the technology industry and later the tech accelerator business with Y Combinator? Why Mike did not learn to code? Mike's own experiences in Y Combinator. What is it that Y Combinator does to produce such amazing and revolutionary companies? What does Demo Day look like at Y Combinator? What is the selection process for choosing which companies to back and which not to? What do you look for in the interviews with the Founders? Are top level University degrees necessary for entry into the Y Combinator class? What are Mike's biggest red flags when looking at startups? Why Mike would never outsource engineering? What can startups do to prepare themselves for the Y Combinator process? What sector is Mike really excited about and why? What is a day in the life of a Y Combinator partner? We then finish todays episode with a rapid fire round where we hear Mike's thoughts on the best piece of advice Mike has received, the hardest decision Mike has had to make in his career, how can an individual start a company with no technical skills or experience?   For all the resources mentioned in today's show, check out www.thetwentyminutevc.com Likewise, we would love to hear from you, so if you have any questions you would like asked or VCs you would like to have on the show, send an email to harry@thetwentyminutevc.com

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Video created with the Socialcam app: https://socialcam.comSubscribe to Motivational Quick Tips on Soundwise

Video created with the Socialcam app: https://socialcam.comSubscribe to Motivational Quick Tips on Soundwise

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Wouldn't it be great if there was one simple thing you could do that would turn around your entire day and even possibly your entire month? Video created with the Socialcam app: https://socialcam.comSubscribe to Motivational Quick Tips on Soundwise

Visit http://konig.co for more great automotive sales tips. Video created with the Socialcam app: https://socialcam.comSubscribe to Motivational Quick Tips on Soundwise

Why are you trying to make cast commercials for the internet when consumers avoid them? Learn from the fox instead. Video created with the Socialcam app: https://socialcam.comSubscribe to Motivational Quick Tips on Soundwise

Visit www.konig.co today for more info on increasing sales. Video created with the Socialcam app: https://socialcam.comSubscribe to Motivational Quick Tips on Soundwise

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Automotive Dealers who have been relying on Cars.com and AutoTrader as a "necessary evil" can start to transition their web traffic back to their website. Watch this quick tip from Mat Koenig to learn more! Mat Koenig is a 20 year automotive veteran and the CEO of KonigCo and iCarMedia.com. Learn more about how your car dealership can dominate local organic search with Drive SEO the best automotive dealership video seo VSEO program in the US and Canada by visiting us online at http://konig.co/seo See dealer examples at http://icarmedia.com Video created with the Socialcam app: https://socialcam.comSubscribe to Motivational Quick Tips on Soundwise

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In this quick KonigCo quick tip Mat Koenig | CEO of KonigCo discusses why you must be confident and happy when dealing with your customers. Learn more about Mat Koenig and KonigCo, the best mobile marketing and best video conquest seo for dealers at http://konig.co Video created with the Socialcam app: https://socialcam.comSubscribe to Motivational Quick Tips on Soundwise

When it comes to online advertising most dealers I know are chasing the wrong customers. Just ask your Cars.com, AutoTrader or Edmunds Rep and they'll tell you that there is NO WAY you can compete with them when it comes to PPC etc., because they spend MILLIONS! Heck, when I worked for Cars.com we spent $20,000 per DAY on PPC buying terms to compete in search for markets just like yours. As a dealer, you should be ticked but that's not what this is about, this is about how to work around that BS so you can DOMINATE in your market. At any given time just 2% of your local community is in the market for a vehicle. That's only 2 out of 100, or 200 out of 10,000. If you're in a community of 100,000, you have 2,000 people right now that want to buy cars. That said, 90% or 1800 of that 2000, are beginning their search on Google. Once they get to Google, you get your ass kicked by Cars.com, Edmunds, and your Manufacturer who all compete with you when the consumer searches for anything other than your name. WHO CARES?!? Only 27% of the people will actually buy the car they started looking for - meaning out of that 1800 only about 486 will buy that car they typed in first like Deals on 2013 Honda Accord. If you have half a brain, you know the next part...focus on the 73% right? Watch this quick video to learn how to hunt the right game...and to get yourself a little laugh since I'm totally NOT a hunter :) Video created with the Socialcam app: https://socialcam.comSubscribe to Motivational Quick Tips on Soundwise

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(For links, go to rumorsontheinternets.org/episode6) In this episode, Alison and Alpine discuss an inspiring new anthem for red-haired people, the startlingly effective food activism of a 9-year-old Scottish blogger, and a Youtube series that reviews frozen food. Plus, Jeni Sue joins us to talk about Social Reader, Socialcam and Spotify, and we enjoy the music of Young Hines. [Fortnight on the Internets is a biweekly podcast focusing on the glory, absurdity and madness of the digital realms.]

Amber & Sarah's "Instagram for video" roundup compares Viddy, Tout & SocialCam, Huntsy for job seekers, Glancee gobbled by Facebook, Slideshare for LinkedIn, & more! Hosts: Amber MacArthur and Sarah Lane Download or subscribe to this show at https://twit.tv/shows/social-hour. We invite you to read, add to, and amend our show notes. Sponsors: Squarespace Audible

Amber & Sarah's "Instagram for video" roundup compares Viddy, Tout & SocialCam, Huntsy for job seekers, Glancee gobbled by Facebook, Slideshare for LinkedIn, & more! Hosts: Amber MacArthur and Sarah Lane Download or subscribe to this show at https://twit.tv/shows/social-hour. We invite you to read, add to, and amend our show notes. Sponsors: Squarespace Audible