Answered from Ex-Amazon VP tells us what it’s really like working with Jeff Bezos · My First Million · 2026-10-28
Ethan Evans, who sat on Twitch's executive team for Amazon, said Twitch burned over $1 billion of cash in its first five years after the $970 million acquisition, with no real path to profit. Each year Emmett Shear's team submitted a plan showing profitability in three years, then repeated it a year later. Evans said Andy Jassy allowed this for about five years before Shear left and layoffs followed.
“Every year, Emmett and team would prepare a plan that said profitable in three years.” Ethan Evans · at 31:06 — open in the transcript →
Source: our own transcription of the episode. The full conversation is on My First Million (2026-10-28). Read the whole episode summary →