Twitch's $970 Million Exit Is A Big Win For Investors, Who Last Valued The Company At $100 Million

Game streaming site Twitch just sold to Amazon for $970 million in cash, and it's a big win for everyone involved, including Twitch's investors. The company last raised money one year ago at a $100 million valuation, a source tells Business Insider. That's not counting the few million it raised in its first form, Justin.TV. Twitch raised $35 million in total from investors such as Bessemer Venture Partners, Thrive Capital, and Draper Associates. Bessemer's Ethan Kurzweil served on the startup's...