Connect with us

Stripe’s easy-peasy acquisition, and why is Twitch still losing money? | Equity Podcast

Today’s episode is packed with M&A talk, how one YouTuber succeeded at the creator economy, why Twitch is still losing money and an autonomous vehicle company that is making a comeback. First up, Rebecca took a look at fintech giant Stripe’s acquisition of four-year-old competitor Lemon Squeezy. The buy will allow Stripe to beef up…

Published

on

Today’s episode is packed with M&A talk, how one YouTuber succeeded at the creator economy, why Twitch is still losing money and an autonomous vehicle company that is making a comeback.

First up, Rebecca took a look at fintech giant Stripe’s acquisition of four-year-old competitor Lemon Squeezy. The buy will allow Stripe to beef up its merchant of record selling “in a big way,” according to Stripe CEO Patrick Collison.

Next, Rebecca touched on MatPat, the first big YouTuber to successfully exit his company, Theorist Media. Matthew Patrick turned his successful video series, The Game Theorists, into a full-fledged media business with 40 million subscribers across channels. But he was getting tired of the ceaseless content uploading, and found a way to convince investors that the business could go on without him. Now, he’s in Capitol Hill educating politicians about what creators need to succeed as small businesses. 

Speaking of creators and acquisitions, Rebecca pulled up a Wall Street Journal report that found that after 10 years, Twitch is still losing Amazon money. Amazon bought Twitch for $1 billion in 2014, but the company still isn’t profitable. And will it ever be? 

Equity is a show about the business of startups, where we unpack the numbers and nuance behind the headlines. New episodes drop at 7 a.m. PT every Monday, Wednesday and Friday. Subscribe wherever you get your podcasts.

For episode transcripts and more, head to Simplecast:

Check out more from the TechCrunch Podcast Network.
Chain Reaction:
Found:

Follow TechCrunch
YouTube:
Instagram:
TikTok:
X: tcrn.ch/x
Facebook:
Read more:

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

CNET

Siri AI Will Change the Way You Use Your iPhone for Good | #OneMoreThing

Bridget might have found the perfect method to actually make Siri AI… useful? It all starts with a few habit changes. Watch the full step-by-step on CNET. Video Credits Host: Bridget Carey Videographer/Editor: Carly Marsh Add CNET as a trusted news source Never miss a deal again! See CNET’s browser extension 👉 Check out CNET’s…

Published

on

Bridget might have found the perfect method to actually make Siri AI… useful? It all starts with a few habit changes. Watch the full step-by-step on CNET.

Video Credits
Host: Bridget Carey
Videographer/Editor: Carly Marsh

Add CNET as a trusted news source
Never miss a deal again! See CNET’s browser extension 👉
Check out CNET’s Amazon Storefront:
Subscribe to CNET on YouTube:
Follow us on TikTok:
Follow us on Instagram:
Follow us on Bluesky:
Like us on Facebook:
CNET’s AI Atlas:
Follow us on X:
Visit CNET.com:

#onemorething #bridgetcarey #siri #ai #apple #iphone #ios

Continue Reading

Science & Technology

The Biggest Startup Mistakes a Lawyer Can’t Fix

You might not need a lawyer before you start fundraising but you do need to set up a good legal foundation. In this episode of Build Mode, the CEO and founder of Lexsy Kristina Subbotina breaks down the four unfixable mistakes that can make a startup unfundable or kill it outright. Watch the full episode…

Published

on

You might not need a lawyer before you start fundraising but you do need to set up a good legal foundation.

In this episode of Build Mode, the CEO and founder of Lexsy Kristina Subbotina breaks down the four unfixable mistakes that can make a startup unfundable or kill it outright.

Watch the full episode here:

Continue Reading

Bloomberg Technology

Why Twilio Sees More AI Upside Ahead

Twilio shares surged after the cloud communications company beat expectations and delivered record profitability and free cash flow. CEO Khozema Shipchandler joins Bloomberg to explain why AI is still only a modest contributor to revenue today, how Twilio’s global communications infrastructure creates a competitive moat, and why he sees agentic AI as a long-term tailwind…

Published

on

Twilio shares surged after the cloud communications company beat expectations and delivered record profitability and free cash flow. CEO Khozema Shipchandler joins Bloomberg to explain why AI is still only a modest contributor to revenue today, how Twilio’s global communications infrastructure creates a competitive moat, and why he sees agentic AI as a long-term tailwind for the business. He joins Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Trending