How much is Justin Kan worth?
| Net Worth: | $80 Million |
|---|---|
| Profession: | Entrepreneur |
| Date of Birth: | July 16, 1983 (age 39) |
| Country: | United States of America |
| Height: | 5 ft 10 in (1.8 m) |
About Justin Kan
Justin Kan is an American investor, entrepreneur, and web developer. He is best known for being the co-founder of various tech companies and live video platforms such as Justin. tv (named after him) and Twitch. He’s also the co-founder of the social video application Socialcam and The Drop, an electronic music discovery platform created in the style of Reddit.
Justin Kan became famous immediately after he collaborated with other entrepreneurs to found the video-sharing platforms Justin. tv and Twitch. He was born in Seattle, Washington on July 16, 1983. He’s the first of three children to Kingsley and Treesia Kan, Chinese immigrants that moved to Washington in the 1970s.
Justin has two brother – Daniel and Damien Kan. Daniel is also an entrepreneur that co-founded the billion dollar company Cruise. Damien is a software engineer at the Alto Pharmacy company.
He attended the Evergreen Middle School based in Spokane, Washington. After his graduation from high school in 2001, he enrolled at the prestigious Yale University. He graduated with a Bachelor of Arts in philosophy and physics in 2005.
Long before he received his diploma from Yale University, in early 2003 he began his career as an entrepreneur. He met fellow Yale student Emmet Shear with whom he founded his first project – an online calendar application titled Kiko. The company received around $70,000 in funding from its investors and was later sold on eBay for $258,100.
Being an investor and entrepreneur that has founded prosperous companies and social media apps or platforms is how the co-founder of Twitch became a millionaire. In October 2006, Justin began working with Kyle Vogt and other investors on his first major project in San Francisco, California.
They officially founded the live video platform Justin. tv in March 2007. The project was an online community used by people that broadcasted live streams. By August 2014, the total amount of funding was an estimated $29 million.
After the eponymous live stream platform didn’t work out and ended abruptly, Justin Kan began working on a spin-off. In June 2011, he built another platform that’s dedicated to gaming live streaming – Twitch. In just two years time, Twitch quickly became one of the most successful platforms online, as it registered 35 million visitors every month and had an estimated 100 employees.
By August 2014, it was acquired by Amazon for an estimated $970 million.
Since 2015, the investor and entrepreneur has been consistently starting various platforms at the same time. That year, he created The Drop, a music discovery platform that focuses on electronic music. He also joined the company Y Combinator and as their partner, he guides new startups and investments. He remained with the company until 2017 when he found his own investment firm – Zero-F.
In July 2016, he collaborated with James Zhang, Vic Alexander, and Ranidu Linkage for the launching of the social media platform Whale that allows users to engage with celebrities and public figures via Q&A meetings. Also in 2017, he also founded Atrium, a law firm for high growth companies, where he currently works as the chief executive officer.
Through his excellent business skills and creativity, Justin Kan has become very rich and considered one of the top internet entrepreneurs. After the company he founded, Twitch, was acquired by Amazon Kan’s net worth increased to an estimated $80 million.
What makes Justin Kan so successful are his many investments in projects that helped him become both a celebrity and a millionaire. Among one of the earliest projects of the entrepreneur is Socialcam, a social media platform that allows its users to record and share videos on the mobile phones.
The platform was launched in March 2011. Its startup was acquired in July 2012 by Autodesk. The following year, in February 2012, he founded another platform that helps freelance service providers, which waster bought by Handy book.
Summing-Up
Justin Kan is known for being a co-founder of Twitch, one of the leading video live streaming services in the world. Thanks to his work as an investor and entrepreneur for many companies and platforms, now Kan has a net worth estimated to be $80 million and continues to collaborate with other developers to launch mobile applications and platforms.
