Amazon Paid Almost $1 Billion for Twitch in 2014. It’s Still Losing Money. The live-video service has slowing user growth, and workers are expecting more layoffs, changes ahead

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   Dare Obasanjo (carnage4life@mas.to)'s status on Tuesday, 30-Jul-2024 01:30:45 JST Dare Obasanjo

   There have been a number of iconic consumer tech companies that while indispensable turned out to be lousy businesses. Tumblr, Twitter, Uber (for a time) and it seems Twitch as well.

   The challenge is that being a great product is different from being a great business.

   The problem is the mindset it takes to focus on making money is often different from the let's solve interesting problems that attracts many people to tech. So you often get one without the other especially in consumer apps.