Real reason Linus Tech Tips is stepping down as the CEO of his company

 

Linus Sebastian is the man behind Linus Tech Tips. In 2023, he took the internet by storm when he announced that he was leaving his position as CEO of his company. So, what is the real reason Linus Tech Tips is stepping down as the CEO of Linus Media Group? Canadian YouTuber Linus Sebastian posing for the camera.  Linus Sebastian is a renowned Canadian YouTube content creator, tech demonstrator, entrepreneur, and advertiser. He is famous for hosting various YouTube channels covering technology. Linus Tech Tips is one of his most popular channels. Linus Sebastian’s profile summary Full name Linus Gabriel Sebastian Name Linus Sebastian, Linus Tech Tips Gender Male Date of birth 20th August 1986 Age 37 years old Zodiac sign Leo Place of birth Ladner, British Columbia, Canada Current residence Surrey, British Columbia, Canada Nationality Canadian Ethnicity Mixed-race Religion Christianity Sexuality Straight Height in feet 5’ 6’’ Height in centimetres 163 Weight in pounds 167 Weight in kilograms 76 Hair colour Blonde Eye colour Dark brown Siblings Four Relationship status Married Partner Yvonne Ho Children Three School Garibaldi Secondary School University University of British Columbia Profession Canadian YouTuber, tech demonstrator, entrepreneur, and advertiser Net worth $90 million  He is a Canadian YouTuber born on 20th August 1986 in Ladner, British Columbia, Canada. He has four siblings (Isabelle, Emily, Asher and George). There are no details about his parents. He went to Garibaldi Secondary School and later joined the University of British Columbia, where he dropped out. In May 2011, he married Yvonne Ho. The duo has three kids (two daughters and one son). What does Linus Sebastian do for a living? Linus is an acclaimed tech guru. He started working at the now-defunct Canadian online computer store NCIX. Later, he created the Linus Tech Tips YouTube channel, where he began posting technology videos in November 2008. Eventually, after a disagreement regarding the company’s management, he left NCIX and founded Linus Media Group (LMG). The company owns and operates several podcasts and YouTube channels covering technology. Apart from the famous Linus Tech Tips YouTube channel, the others are:  Techquickie TechLinked ShortCircuit GameLinked Channel Super Fun LMG Clips They’re Just Movies Mac Address Real reason Linus Tech Tips is stepping down as CEO of his company The Canadian YouTuber shook the world when he announced that he was stepping down as the CEO of the companies he helped create and had been running for the past decade. What has happened to Linus Tech Tips? On 18th May 2023, he announced that he would be stepping down as the Chief Executive Officer of his company, Linus Media Group. Even though the company is famous for running the Linus Tech Tips show, it also runs other companies, including: Floatplane Media, Inc. Creator Warehouse, Inc. LTT Labs Several podcasts and YouTube channels Why did Linus Sebastian step down? The acclaimed YouTube content creator stepped down as the CEO of Linus Media Group due to his lack of attention to detail and temperament required in effectively managing a firm with more than 100 workers.  In a YouTube video titled I’m Stepping Down, he stated: I wasn’t built for this, and I’m tired. Like 'really can't do this anymore' tired. And suppose I try to drag myself through another ten years of business administration. In that case, I know I'm going to destroy myself and probably end up killing the company and the community that I love so much in the process. After ten years of service, he retired from the CEO Position effective 1st July 2023. Who is the new CEO of Linus Media Group? Terren Tong replaced Sebastian. He was previously an executive of Corsair Gaming and worked with Linus at NCIX. What is the LTT controversy? Linus Tech Tips has faced its fair share of controversies, including allegations of misconduct by Gamer Nexus and a hostile work environment. In the former, Linus did a prototype review that didn’t sit well with the Gamer Nexus.  As a result, they accused him of rushing the content and tarnishing its accuracy. Linus, his wife, and the company's CEO published an apology video. In the second controversy, a former employee accused the media group of having a hostile work environment characterized by: Assault Sexism Inappropriate conduct He declined the allegations but promised the company's human resources department would conduct an internal review. The new CEO added that Linus Media Group would hire an outside investigator to publish the findings and the internal review. Who owns Linus Media Group now? Despite stepping down as the CEO of Linus Media Group, Linus and his wife, Yvonne, still maintain their positions as the sole directors and proprietors of the company. Sebastian revealed some intriguing news, stating that the tech company had received a $100 million buyout proposal. The offer comprised 60% in cash and 40% in equity. However, he didn't reveal the company proposing to buy him out. The YouTuber declined the offers, stating that he loved working with the organization and didn't need more money. He is still releasing content on his multiple channels. Even though his decision to step down as the CEO didn’t have a noticeable effect on the content Linus Media Group produced, he transitioned into a newly created role as the Chief Vision Officer. Speaking in an interview, he humorously referred to his new position as: A stupid BS-sounding made-up role Luckily, with the new changes, Linus can appear more in different YouTube videos, shows, and podcasts because he will have fewer corporate responsibilities to manage. Linus Sebastian’s net worth How much does Linus Tech Tips make? The YouTuber hasn’t revealed how much he makes. However, he has an estimated net worth of $90 million. Most of his wealth comes from: Ad revenue Videos sponsors Affiliate marketing Merchandise sales Linus Sebastian’s fast facts Who is Linus Tech Tips? Linus Sebastian is an acclaimed Canadian YouTube content creator, tech demonstrator, entrepreneur, and advertiser. He is the former CEO of Linus Media Group. How old is Linus Sebastian? Linus Sebastian is 37 years old. He was born on 20th August 1986. What is Linus Sebastian famous for? Linus Sebastian is famous for being behind the remarkably famous Linus Tech Tips YouTube channel and several other YouTube channels and podcasts. Why did Linus Tech Tips get cancelled? Linus Tech Tips was cancelled after facing controversies in reporting accuracy and work ethics. Why did Linus Tech Tips step down as CEO of his company? Linus Tech Tips stepped down as CEO of his company to offer room for better leadership. Who is the new CEO of Linus Media Group? The new CEO of Linus Media Group is Terren Tong, a former Corsair Gaming executive. Who owns Linus Media Group? Linus Media Group is owned by Linus Sebastian and his wife, Yvonne Ho. The two are the sole proprietors and directors of the company. RFinal word What is the real reason Linus Tech Tips is stepping down as the CEO of his company? The Canadian YouTuber is stepping down to offer room for better leadership and management of the company. Today, he serves as the Chief Vision Officer, but with his wife, he remains the sole shareholder in the company. Tuko.co.ke shared an article about Chriselle Lim’s divorce. She is a fashion stylist, entrepreneur, YouTuber, lifestyle and fashion beauty blogger, and digital influencer. She is best known for her website and YouTube channel, The Chriselle Factor. Chriselle Lim and Allen Chen were an exemplary couple as they stayed together for over a decade. Unfortunately, their romance did not have a happily ever after ending as many hoped it would. 

by  Gladys Mokeira Obiero