They are still losing money, but in the way that all tech companies spending every dollar that comes in so they can expand and build a monopoly loses money.
Everyone’s commenting on their books but twitch’s published numbers are all bullshit pretending they’re paying market rate for AWS when they obviously get a deal being a subsidiary of Amazon. IIRC their last attempt to show they needed to up prices even had them using non-bulk AWS rates which they obviously wouldn’t pay even if they werent owned by Amazon.
They’ve never once made money. Twitch is a massive money pit where 99% of the creators on the platform are explicitly leeching while bringing nothing by way of income.
After already reducing the creator cut and increasing ads… super curious what their books look like.
With moves like that, I’m guessing that they’ve never been even close to being in the black.
They are still losing money, but in the way that all tech companies spending every dollar that comes in so they can expand and build a monopoly loses money.
Everyone’s commenting on their books but twitch’s published numbers are all bullshit pretending they’re paying market rate for AWS when they obviously get a deal being a subsidiary of Amazon. IIRC their last attempt to show they needed to up prices even had them using non-bulk AWS rates which they obviously wouldn’t pay even if they werent owned by Amazon.
deleted by creator
Iirc they lose money or something right? It’s probably only able to run because Amazon has a shit ton of money.
They’ve never once made money. Twitch is a massive money pit where 99% of the creators on the platform are explicitly leeching while bringing nothing by way of income.