???? – 2024retired
Chess24
“Checkmated at last — folded gracefully into a bigger board, never into oblivion.”
“Poured out for the last time: $146M in beans, no profit, all heart.”
Caffeine was a live streaming platform for gaming, sports, and other entertainment, backed by serious money and famous friends — $146 million raised across three rounds from 21st Century Fox, Andreessen Horowitz, and Greylock Partners. It shared Super Bowl 2020 pre-game billing with Twitch, hosted creators like JuJu Smith-Schuster and Offset, and even got Drake to sign an exclusive multi-year partnership co-producing
On June 26, 2024, Caffeine ended its service, stating plainly that it was not able to achieve profitability. It leaves behind the memory of a platform that had star power and funding to spare, but never quite found the business under the buzz.
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“Checkmated at last — folded gracefully into a bigger board, never into oblivion.”
“The little dongle that made every dumb TV feel like a smart one.”
“Cherry and Vanilla, better together; the fountain flows on, but the bottles went home.”