I invested in Justin.tv, which aimed to livestream everything, and while it struggled initially, it eventually pivoted to Twitch, focusing on video game streaming, which became a huge success.

Before Twitch became a billion-dollar empire, it started as Justin.tv, a 24/7 live stream of one person's life without any script or plan, created by founders who were just trying to survive after selling a calendar app on eBay.

The founders of Justin.tv went on to create successful companies, with Emmett Shear becoming the CEO of Twitch, which is now estimated to be worth around twenty billion dollars.

Twitch began as Justin TV, where my co-founder Justin streamed 24/7 with just one camera. The initial version had no video games and was very basic, but it was a starting point for the platform.

To pivot Justin.tv, we realized we needed to talk to users to identify valuable use cases and directions for growth, particularly in gaming.

Twitch started as Justin.tv, where Justin Khan broadcasted his life 24/7, eventually pivoting to focus solely on live streaming, which became popular due to its exclusivity.

After launching Justin.tv, we quickly realized that while we gained initial excitement and media coverage, we struggled with viewer retention and decided to pivot to a tech company that opened the platform for everyone instead of trying to create entertainment ourselves.

When we pivoted from Justin.tv to Twitch, we had about 400,000 monthly active users, which was only 2% of Justin.tv's total user base, but it was the only content I was genuinely interested in running.

The initial idea for Justin.tv emerged from discussions about what to do with Yahoo, leading to the unconventional decision to live stream their lives, which eventually evolved into a platform for others.