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An Interview With Michael Seibel: Cofounder of & Socialcam

Today we are presenting an interview with Michael Seibel, Co-Founder and CEO of and Socialcam. You can view his CrunchBase Profile here.

Michael earned his bachelor’s degree in political science from Yale University, where he focused his studies on American government. While at Yale, he served on the executive committee of Focus on New Haven, Black Student Alliance, Yale Political Union and The New Journal.

How and where did you get the idea for your companys? – my friend/co-founder justin kan’s idea – he was trying to figure out what startup to build next and thought other people might be interested in listening in on the conversation. Then he thought other people might be interested in “listening in” on his life. That is how he came up with the idea of broadcasting his life 24/7. After launching this we all realized that other people are more interesting that Justin. So we focused on building a platform for others to broadcast live video.

Socialcam – we build an iPhone app that allowed people to broadcast live video from their phones. People used it to take video clips and share them with there friends. We talked to these users and realized that it was hard to share videos from your phone.

Who’s one person you’ve always looked up to?

Bill Clinton – executed a long term plan to become president
Michael Jordan – universally recognized as the best in his sport

What’s the most important action you took that you believe brought success to your business?

Deciding to start – this is the step that prevents 99.9999% of business from succeeding

What’s the number one tip you would offer to a young entrepreneur?

Think about everything on your todo list. Whatever gives you the biggest stomach ache is what you should work on first.

What are your 5 favorite online tools?