Mike Isaac

Recent Posts by Mike Isaac

Twitch Snags $20 Million

Twitch, an online video network and gaming community, announced that it has raised a $20 million series C round of funding. The round was led by Thrive Capital, with participation from WestSummit Capital and Take-Two Interactive Software, as well as existing investors Alsop Louie Partners and Bessemer Venture Partners. The company, which sees more than 45 million unique monthly visitors, will use the new capital to further scale its sales and infrastructure divisions.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work