Re:Discord raises $150M, surpassing $2B valuation
by keerthiko on Friday December 21, 2018 @08:01PM
(#18738161)
Most of these people also have $5/mo (or 'prime subs' that are free with amazon prime) subscriptions to one or more content creators in the community.
I don't even have netflix or spotify or any subscription service, but I find it worth my $5/month to support the one streamer I enjoy tuning in to whenever I want some background entertainment while doing things around the house, and I think that's not an uncommon usecase.
Re:Discord raises $150M, surpassing $2B valuation
by spdionis on Friday December 21, 2018 @09:01PM
(#18738401)
It's just that some of the streamers' content is so good that you don't need to pay them, you want to.
It's also about personal connection with a community, which is something that was lacking on the internet after the era of forums died out.
The magic of twitch (and league of legends, and a few more) is that this is indeed a very price-sensitive crowd, but one that is willing to engage in a steady stream of frequent capex-style microtransactions while refusing to touch opex/subscription-based models.