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 video Michael comments on his essay Why Does Your Company Deserve More Money?

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Topics

00:00 – Why Does Your Company Deserve More Money

1:00 – A team, a product, and an office are all just a means to an end

2:00 – If you don’t really deserve money, what is an alternate path to create leverage?

3:45 – Breaking even at Justin.tv was a moment of infinite clarity

6:00 – Series A program and leverage