XQc’s Massive Deal with Kick and the Potential for Equity
Famous streamer XQc recently signed a jaw-dropping $100 million deal with Kick, a streaming platform. As part of this deal, XQc had the option to be paid in equity, which could potentially make him an investor or even a co-owner. While he didn’t explicitly confirm whether he accepted this option, he hinted at it during a recent Twitch stream.
The Conversation with Pokimane
XQc had a conversation with Pokimane on June 18, during which she asked if his deal with Kick included any equity. At first, he was hesitant to answer, stating that it was something he couldn’t discuss. However, he eventually admitted that equity was indeed an option and shared his belief in the product and the concept of non-exclusive streaming. He also expressed why he found equity to be “very interesting.”
What Equity Means to XQc
During his June 18 stream, XQc explained the significance of equity to him. He emphasized that it would allow him to reap the rewards of his hard work, which he felt was lacking in contracts with other platforms. XQc acknowledged that his criticism would only be valid if Kick succeeded beyond expectations. If that were to happen and he had equity, it would be immensely meaningful to him.
Pokimane’s Response and the Potential Impact
Pokimane didn’t express agreement or disagreement with XQc’s decision, but she expressed excitement to see how it all unfolds. She believes that XQc’s deal might prompt other high-profile streamers to reconsider their approach to their future. Kick has already attracted several stars as it strives to challenge the dominance of Twitch and YouTube.
XQc’s Initial Stream on Kick
XQc’s debut stream on Kick didn’t go as smoothly as expected. He received a warning for streaming The Dark Knight on June 19 and could face a ban if he violates the platform’s DMCA policies again. Despite the setback, XQc acknowledged his mistake and expressed a willingness to move forward.