Silicon Valley VCs like Andreessen Horowitz and Greylock are making a $113 million bet that Caffeine's 'battle rap' events will change the way livestreams make money

Silicon Valley VCs like Andreessen Horowitz and Greylock are making a $113 million bet that Caffeine's 'battle rap' events will change the way livestreams make money

Business Insider

Published

· Caffeine, a Redwood City-based social broadcasting startup that has partnered with Drake and the Ultimate Rap League (URL), raised $113 million in Series D funding earlier this month.
· The ad-free livestreaming platform hosts free events that are attended by tens of thousands of viewers, who are encouraged to make comments...

Full Article