I was thinking if Twitch had waited for a couple more years, could it possibly be sold for a lot more than 970 million?
A good deal for AMZN
Steal
Was talking to a guy on the Twitch Prime team. They’ve added hundreds of thousands of new prime subscribers from it. Amazon gets a share from most Bits purchases, and they starting to grow a game store for Twitch. It seems like it was absolutely worth it Edit: I should clarify, it was a fantastic deal for Amazon, not sure about Twitch itself.
Yeah heard the same thing about Twitch Prime brings huge number of new prime subscribers, quite striking
Google thought it was too expensive for them that they would just build their own youtube streaming. It’d be better experience if Google (YouTube) integrates with Twitch. I would say Google made a mistake by passing Twitch.
Yeah they missed whatsapp Instagram too
Seems like google lost its vision Bezos is BOSS
Twitch doesn’t make enough to sustain itself, so yea it was good for Twitch in that sense. Twitch added about 1000 employees in 2 years and over the past year it’s Glassdoor ranking fell from 4.4 to 2.7. Internally morale has gotten pretty bad. The wheels just absolutely fell off. In that sense, acq wasn’t great. Esports, while popular, doesn’t generate tons of revenue. It’s expensive content. With all other FANG companies now competing, prices have gone up significantly. So Twitch will always have to get more money from the Amazon bank just to stay relevant. If they lose these headliner deals, people will go elsewhere. I wish we had bought Discord. I also wish we had bought Streamlabs and Patreon (if those were ever for sale) and I wish Twitch would come out with things like HQ Trivia. There’s lots of talent at Twitch but I’m still waiting for its 2nd act.
Any reasoning on Curse over Discord?
Discord has become the de-facto tool by many streamers and lots of gamers (and now non-gamers who Twitch is trying to reach as well). It’s user numbers have exploded. The tech seems vastly better than anything out on the market. I’ve worked with people at that co and they are quite good. I don’t see that same enthusiasm with Curse externally.
Agree
Many bank accounts enjoyed the deal.
You don’t want that
Lol.
Absolutely, the esports scene is heating up.
I read that as escorts
We all did. Lol