Y Combinator's Kan: Facebook Has the Power to 'Kingmake'

The transcript discusses the evolution of live streaming platforms, comparing Facebook Live, Periscope, and Snapchat. It highlights Facebook's influence in popularizing live streaming by integrating it with social media, making it easier to gain an audience. The discussion also covers Twitter's efforts with Periscope and the success story of Justin TV's pivot to Twitch, emphasizing the importance of adaptability and audience engagement in the tech industry.

What was a major challenge for early live streaming platforms like Justin TV?

• Difficulty in acquiring an audience

• Lack of mobile apps

• Technical limitations

• High production costs

How does Facebook influence the popularity of applications on its platform?

• By limiting access to competitors

• Through its control over feed prioritization

• By offering financial incentives

• By collaborating with other social media

Which platform is mentioned as having higher engagement than Periscope?

• Snapchat

• YouTube Live

• Facebook Live

• Instagram Live

What was the outcome of Justin TV's pivot to Twitch?

• It merged with Periscope

• It was sold to Amazon for a billion dollars

• It failed to gain traction

• It was acquired by Google

What advice is given to entrepreneurs regarding their platforms?

• Avoid partnerships with large companies

• Sell as soon as possible

• Focus on short-term gains

• Never sell your platform prematurely