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" I think there are two challenges - and one challenge is how to diversify the workforce in the technology industry, and the other challenge is how to diversify the people who are starting companies. "

Michael Seibel

Technology

Think

Challenge

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" It's fairly common knowledge that a startup can't execute on two products simultaneously. "

" Minority founders often feel like they are on the outside looking in when it comes to Silicon Valley and tech startups in general. "

Michael Seibel

Valley

Feel

" Academically, I think things kicked off pretty late for me. I was kind of one of those kids who was in half honors, half regular. I was like a history/science kid, which was always weird. Around tenth grade or eleventh grade, everything started coming together. "

Michael Seibel

Think

Together

" My definition of product-market fit is you are drowning in demand - your product is being used by so many customers that you cannot handle all the new people knocking at your door! "

" Live broadcasting was something only done by the rich news organizations. So when you bring it to the masses, the public gets really excited. "

" Finding entrepreneurs from diverse and international backgrounds is a top priority for us at Y Combinator. "

" I wanted a simple one-bedroom apartment that would impress people when they walked in but that was otherwise extremely comfortable and useful. "

" Founders always say, 'I'm going to 'make my thing go viral' - that doesn't mean just adding a share button. "

" I think tech is driving most of the innovation and will continue to for a very, very long time. "

" New York is my favorite city to visit because there is always something to do, someone to meet, and something to discover. "

" I tell founders all the time, 99.9 percent chance of failure. "

" I've seen every idea. Ideas are irrelevant. You are judged on execution, and the number 1 way to prove that you can execute is by executing. "

" I don't understand how you can have product-market fit and not a lot of people wanting your product. The two go hand-in-hand. "

" People think they need to hire someone to do their PR, but 99 percent of PR in the early stages is stuff you can do yourself. It's just like business development - there's the warm-up intro, followup to build relationships, then add something of value. "

" After reading the Elon Musk book and getting a Tesla - he is at the top of my list of inspiring founders. "

Michael Seibel

List

Top

" My goal is to make the process of taking and watching videos as easy as it is for photos. "

" People are carrying around smartphones. They have a video capture device in their pockets twenty-four/seven. "

" I usually fall asleep between 11 P.M. - 1 A.M., and I wake up between 6:30 A.M. - 8:00 A.M. "

" I either like reading fun war-based sci-fi, books about the lives of chefs, or dry historical non-fiction. "

Michael Seibel

Fun

Reading

" Everyone appreciates good food. "

" You've got to be a special type of guy to strap a camera to your head, especially if you're the first guy to do it. "

" Socialcam shares Autodesk's mission of helping everybody imagine, design, and create a better world. "

" Good founders can give me a picture of the future that I can believe. And the second that I believe your version of the future, you have leverage. "

" If you can't hire someone smarter than you, do it yourself. "