Ted Livingston is the founder and CEO of Kik, a chat network with more than 240 million registered users and 40 percent of U.S. teens. Founded in 2009, Kik is headquartered in Waterloo, Ontario, and has raised $120.5 million from investors including Tencent and Union Square Ventures. Ted also maintains an active interest in the University of Waterloo’s Velocity Fund, a startup accelerator he conceived of and first funded. Kik now competes with Facebook and WeChat, boasts over 275 million registered users, and is used by approximately 40 percent of American teens. Chinese internet giant Tencent recently invested $50 million into kik, placing its value at $1 Billion.  In 2014, Forbes placed him on their "Top 30 under 30:Technology" list. In November 2015, Torontolife ranked Livingston at #20 on their "Toronto's 50 Most Influential,".