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Twitch origin story: Google Calendar crushed their first startup, so they sold it on eBay. Then they built Twitch - The Economic Times

Justin Kan and Emmett Shears first startup, Kiko, struggled after Google launched its own calendar service. The founders sold Kiko on eBay for $258,100 in 2006 before moving into live streaming. Their next venture, Justin.tv, eventually gave rise to Twitch, which Amazon agreed to acquire for about $970 million in 2014.