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by mdotk 2347 days ago
Could NEVER understand what the heck they do and how they got $75M. Just sounded like they were a law firm specialising in start ups. Big whoop.
1 comments

> how they got $75M

Justin Kan sold Twitch to Amazon for nearly $1B after 7 years, Socialcam for $60M in 18 months, and Exec for "under $10M" in 2 years.

That's how he raised $75M. The company/product was completely irrelevant.

That downward trend is a little concerning. And honestly, "under $10M" is probably a bad exit (although I don't have enough context to say for sure).
Same thoughts here on the downward trend. It feels like a good concept, luck and good timing re Twitch exit. A bit less about the product per se.