[throwawayyx96]

At the time of its sale to Amazon, I remember wondering how twitch could only be worth 1 billion compared to something like WhatsApp being worth 20 billion. It was purely from an engineering standpoint that I considered what twitch was doing to be vastly more impressive. It's three years later and Amazon hasn't been too overbearing with the changes they've made, but I wonder if JKan believes he got fair value for his company?

[justin]

Life is what you negotiate :)

Taking $970mm seemed like a good deal given the level of risk. So from an expected value perspective it was a fair trade. Twitch has grown much since then, but you can't have regrets when it comes to trades.

[FollowSteph3]

Exactly, it could have gone the other way and the value could’ve crashed. As long as you got a fair price you should never look back at what could’ve been.

Back in the dot com days I had a friend who sold his options early. He made enough to pay off his house cash. The price kept going up and he could’ve been a millionaire. But then as we all know the bottom fell out and his company crashed hard, almost overnight. He was happy he sold out. Had he waited he may have gotten nothing. He may not have cashed out st the peak but he definitely got a good deal for his options. And every time some tells him he should’ve waited to get millions he tried to remind them he probably wouldn’t gotten zero if he waited. Most people still don’t get that, they just focus on what the highest value could’ve been, even if that’s the least likely price he would’ve gotten in reality.

[throwawayyx96]

Hey, thanks for answering! It's probably closer to the truth that WhatsApp was just insanely overvalued in comparison as FB has been very aggressive in eliminating anyone that threatens their dominance. I'm a long time twitch/JTV user who's been there almost since the start (close to 10-year anniversary now), so I'll take this opportunity to say thanks.