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Chapter 4
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P. 93
Amazingly, Twitch ranked just behind Netflix, Apple, and Google in volume of peak internet traffic in the United States. 10 Advertisers including Riot Games, Paramount Studios, HP, Netflix, and Kellogg's found gaming streams brand-safe and friendly, and viewers were so engaged that they were ready to pay $4.99 for subscriptions to watch their favorite gamers. By 2014, some elite gamers were earning $300,000 a year, and Twitch was grabbing an estimated 43 percent of revenues in the $3.8 billion gaming content industry. 11 Finally they had a business model that worked. Later that year, Emmett, Justin, and their friends sold the site to Amazon. When Emmett checked his bank balance, there it was: $970 million.12 How had these entrepreneurs done it? The answer wasn't especially clear, not even to Kan. Years later, he still struggled to explain the success that he and his cofounders had achieved. "Anyone could do it really," he said. "We are not like Mozart or something." Much of the time, entrepreneurs take long, circuitous routes to success, with many missteps along the way. Success is anything but straightforward or formulaic. But that doesn't mean that a more predictable, streamlined approach to disruption isn't possible. In my study of dozens of would-be decouplers, I've identified several steps in the entrepreneurial journey that successful startups have in common, and others that lead unsuccessful startups to fail.
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지문에 대한 질문목록 이 지문과 관련된 질문이 있다면 이곳에서 등록해 보세요. (예를들면, 이 지문과 관련된 문제 풀이가 궁금할 때)
지문에 사용된 특정 문장에 대한 궁금증은 해당 문장의 헬프fico쌤에 등록하는 것이 좋습니다.
등록된 질문이 없습니다.
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1 Amazingly, Twitch ranked just behind Netflix, Apple, and Google in volume of peak internet traffic in the United States. 2 10 Advertisers including Riot Games, Paramount Studios, HP, Netflix, and Kellogg's found gaming streams brand-safe and friendly, and viewers were so engaged that they were ready to pay $4.99 for subscriptions to watch their favorite gamers. 3 By 2014, some elite gamers were earning $300,000 a year, and Twitch was grabbing an estimated 43 percent of revenues in the $3.8 billion gaming content industry. 4 11 Finally they had a business model that worked. 5 Later that year, Emmett, Justin, and their friends sold the site to Amazon. 6 When Emmett checked his bank balance, there it was: $970 million.12 How had these entrepreneurs done it? 7 The answer wasn't especially clear, not even to Kan. 8 Years later, he still struggled to explain the success that he and his cofounders had achieved. 9 "Anyone could do it really," he said. 10 "We are not like Mozart or something." 11 Much of the time, entrepreneurs take long, circuitous routes to success, with many missteps along the way. 12 Success is anything but straightforward or formulaic. 13 But that doesn't mean that a more predictable, streamlined approach to disruption isn't possible. 14 In my study of dozens of would-be decouplers, I've identified several steps in the entrepreneurial journey that successful startups have in common, and others that lead unsuccessful startups to fail.