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0 pointsmeritt6y ago0 comments

> how they got $75M

Justin Kan sold Twitch to Amazon for nearly $1B after 7 years, Socialcam for $60M in 18 months, and Exec for "under $10M" in 2 years.

That's how he raised $75M. The company/product was completely irrelevant.

0 comments

That downward trend is a little concerning. And honestly, "under $10M" is probably a bad exit (although I don't have enough context to say for sure).

Same thoughts here on the downward trend. It feels like a good concept, luck and good timing re Twitch exit. A bit less about the product per se.

j / k navigate · click thread line to collapse

0 pointsmeritt6y ago0 comments

> how they got $75M

Justin Kan sold Twitch to Amazon for nearly $1B after 7 years, Socialcam for $60M in 18 months, and Exec for "under $10M" in 2 years.

That's how he raised $75M. The company/product was completely irrelevant.

That downward trend is a little concerning. And honestly, "under $10M" is probably a bad exit (although I don't have enough context to say for sure).

Same thoughts here on the downward trend. It feels like a good concept, luck and good timing re Twitch exit. A bit less about the product per se.

j / k navigate · click thread line to collapse