Fair enough, maybe startup was the wrong term.From Forbes: Startups are young companies founded to develop a unique product or service, bring it to market and make it irresistible and irreplaceable for customers.
I don't consider a 20 year old company to be a "young company". We will have to agree to disagree on this one.
I called them a startup since they has not yet hit the growth needed to drive serious investment and stock appreciation and btween internet penetration and device capabilities for a good part of their early years streaming was not really a big thing.
Describing it as the end of the early adopter phase may have been a better term; since I agree 16 years is normally well beyond startup.
My point was they used it to drive growth, it worked to some extent and now is time to make money off teh eyeballs taht were previously not paying extra.