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The live streaming platform Twitch started as a small project that would establish a whole new industry and now boasts 140 million monthly users. The perfect unicorn story, Twitch is a product of a group of friends that developed into something much greater than they could’ve ever imagined. Its rapid growth led to Amazon acquiring it for $970 million in 2014. So, how did it come to dominate the live streaming industry? Join us as we break down Twitch’s business to find out how they got started, how big they are now, and how they make money! Wishpond gives small businesses the technology and the expertise to sell more online. Learn how we can help your business here: https://bit.ly/2W2ZZSN Special offer for Youtube: https://www.wishpond.com/secretlink Read our blog post on the topic:https://blog.wishpond.com/post/115675... Watch here: • How Twitch went from a flawed idea to a $9... 00:00 Intro 00:09 How did Twitch come about? 01:43 When was Twitch launched? 01:50 How did Twitch grow? 02:05 When did Twitch start getting big? 02:42 How much did Amazon pay for Twitch? 03:05 Why did Amazon purchase Twitch? 03:35 All-in-one marketing platform 03:55 How does Twitch make money? 05:20 What is Twitch’s revenue? 05:55 What challenges has Twitch faced? 07:05 Twitch data Leaked 07:10 How much do Twitch streamers get paid? Watch this video again: • How Twitch went from a flawed idea to a $9... #Twitch #LiveStreaming #Amazon