I think you're heavily underestimating necessary investment. I would say by a factor of 2 easily[1] in practice more like 3-4 because once you go in you want to

I think you're heavily underestimating necessary investment. I would say by a factor of 2 easily[1] in practice more like 3-4 because once you go in you want to have a decent chance of success. Also ignoring the fact that as soon as it starts working, you have Amazon on your back with much much deeper pockets than you to keep market of viewers acting irrational. Anegdata, I just stopped listening to Joe Rogan, despite liking Spotify more than Youtube. I was on the fence anyway, I'm lazy and so on. It seems to me that we're at the point where it takes the next generation of kids for a new service to get into a crowded space. Because popular people on the platform (it's always about these hubs, that you got right I think) just become older and less relatable. 1. https://checkpointxp.com/2020/12/17/highest-paid-twitch-streamers-of-2020/ https://checkpointxp.com/2020/12/17/highest-paid-twitch-stre... take into account that somebody likely paid for most pixels on the screen before they even start streaming