Recently, there have been some changes at OpenAI. Emmett Shear, who used to lead Twitch, is now the temporary boss (CEO) of the company. Before him, Mira Murati was in charge, but the company let go of its co-founder and CEO, Sam Altman.
On November 20, 2023, Emmett Shear said he accepted the company’s offer to be the interim CEO. Surprisingly, he and Sam Altman were classmates at Yale University.
Emmett Shear is an American tech mogul, born in 1983 in Seattle, USA. He’s now running OpenAI, and people are curious about his life, career, wealth, and family.
How much is Emmett Shear Net Worth?
Emmett Shear began his career in 2005 when he attended classes with Y Combinator alongside his friend Justin Kan. Together, they created a calendar app and sold it on eBay for $250,000 after Google Calendar came out.
In 2006, Emmett, Justin, Michael Seibel, and Kyle Vogt launched Justin.tv, a big live video platform. It did so well that in 2011, they renamed it Twitch.
Then, in 2014, Amazon bought Twitch. In March 2023, Shear stepped down as Twitch’s CEO to spend time with his family and new baby. He’s now the interim CEO of OpenAI and is expected to have a net worth of $500 million in 2023.
Emmett Shear Early Life and Childhood
Emmett Shear has chosen to keep his boyhood largely private. We are, nevertheless, familiar with his educational background and background. In 2005, he earned his Bachelor of Science in Computer Science from Yale.
After this, he paired up with Justin Kan to build Kiko Software which was sold at over $250k to eBay. Keeping with their previous business partner, the two developed the now-ubiquitous platform Twitch.
Emmett Shear Impressive Career
Y Combinator
Both Shear and Kan, as high school seniors in 2005, tried to get into Y Combinator’s inaugural class. After Google Calendar was released, the two Y Combinator participants sold their calendar application, Kiko, on eBay for $250,000.
Y Combinator
Together with Michael Seibel and Kyle Vogt, Kan began streaming his life via a webcam affixed to his head on Justin. tv in 2006.
Kan’s “lifecasting” lasted for around eight months, after which the four partners decided to switch to offering a live video platform where anyone could broadcast themselves in real time. Until its closure on August 5, 2014, Justin.tv, which launched in 2007, had more than 30 million monthly unique users, making it one of the largest live video platforms in the world. Shear took over as CEO of the startup on August 29, 2011.
Twitch
Social, Technology, Sports, Entertainment, News and events, Gaming, and other specialized content categories were added to Justin. tv shortly after its 2007 debut. In particular, gaming experienced explosive growth, eventually becoming the site’s primary focus.
The decision to launch a new brand and website dedicated to the company’s gaming content was made in June 2011. Inspired by the word “Twitch gameplay,” the network is called TwitchTV. The public beta version was released on June 6, 2011.
Amazon completed its purchase of Twitch on August 25, 2014, for an estimated $970,000,000. When Shear stepped down as CEO in March 2023, he named Daniel J. Clancy as his successor.
Investor Activities
In June of 2011, Shear became a part-time partner at Y Combinator, where he provided guidance to the newest group of businesses.
OpenAI
After the board of directors of OpenAI fired Sam Altman on November 17th, 2023, they appointed Shear as the interim CEO on November 19th. In light of the potential consequences of AI, Shear has claimed that he fears for the future of humanity and assigned a “P(Doom)” of between 5% and 50%.
Emmett Shear, the new CEO of OpenAI on a recent podcast.pic.twitter.com/6LGEOinn7r
— Rowan Cheung (@rowancheung) November 20, 2023
Philanthropy
During the COVID-19 pandemic in March 2020, Shear contributed the first US$1 million via Twitch to launch a non-profit company called SF New Deal, whose primary mission was to order food from San Francisco restaurants and have it delivered to those in need.
Leonore Estrada, owner of the Three Babes Bakeshop in San Francisco’s Bayview district and a classmate of his at Yale University, founded the group.
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Emmett Shear Age
At the time this report was written, we did not know exactly when in 1983 Shear was born. As of 2023, he will have turned 40 years old.
Emmett Shear Height and Weight
Shear is 5 feet and 11 inches tall, but we don’t have any information on his weight just yet.
Is Emmett Shear Married?
Yes, Shear is a married man who had a son with his wife in the early years of 2023. However, he did not provide any information about his wife and personal life. Shear announced the news in his usual fashion on Twitter, but he has been cagey about the specifics, giving fans very little insight into his private life.
Today I got a call inviting me to consider a once-in-a-lifetime opportunity: to become the interim CEO of @OpenAI. After consulting with my family and reflecting on it for just a few hours, I accepted. I had recently resigned from my role as CEO of Twitch due to the birth of my…
— Emmett Shear (@eshear) November 20, 2023
Assets Owned by Emmett Shear
At the time of writing, we have no information regarding Emmett Shear’s assets. Reports from a variety of credible sources indicate that he is using his wealth wisely. In the midst of the COVID-19 pandemic, the well-known investor has donated over a million dollars to non-governmental organizations that help women and minorities.
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