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…

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2 years ago

August 20, 2024

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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.

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Bloomberg Technology

Why the AI Backlash Is Getting Worse

A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.” Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the…

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5 hours ago

April 21, 2026

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Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the Everybody’s Business podcast to discuss why the backlash against all things AI is getting worse.
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Bloomberg Technology

UK Executives See More AI Job Cuts

Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit. Irina Anghel explains. ——– 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…

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5 hours ago

April 21, 2026

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Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit.

Irina Anghel explains.
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Bloomberg Technology

NASA’s Proposed Budget ‘Slap in the Face,’ Nye Says

Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday. ——– Like this video? Subscribe to Bloomberg Technology…

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5 hours ago

April 21, 2026

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Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday.
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