Twitch’s rise shows how social networks usually succeed on accident

It hasn't even been four years since Amazon bought Twitch.tv, the live-streaming platform that has become the primary destination for broadcasting the playing of video games. Since then, the service has grown to 15 million daily users, with the average person watching 106 minutes per day. In hindsight, it's no wonder that Amazon was willing to pay $1 billion to snap up Twitch — but for a long time, it was an open question whether anyone would buy it at all.

Twitch began life as Justin.tv, a web-based live broadcasting platform. As venture capitalist Mike Maples Jr. of Floodgate Capital tells us on this week's episode of Converge, it wasn't always clear that Twitch would thrive. In fact, it was more or less stagnant before the company...

Continue reading…



via The Verge - Tech Posts https://ift.tt/2KsAbYH
RSS Feed

If New feed item from http://www.theverge.com/tech/rss/index.xml, t

IFTTT

Comments

Popular posts from this blog

Evernote cuts staff as user growth stalls

The best air conditioner