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Investment thesis of Twitch and Periscope.

Added about 1 year ago | As appeared first on techcrunch.com | Author: Ethan Kurzweil
Bessemer is actively investing in consumer video startups. It's a space we've been focused on for a while now. We invested early in Twitch in 2012 following the company's pivot from JustinTV (which sold to Amazon last year for ~$1 billion) and were one of the first seed investors in Periscope (which was acquired by Twitter earlier this year while their product was still in beta). But these are still early days, and I'm eager to meet the next founders who not only imagine a new future for vide...
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