It turns out that part of xQc’s mind-boggling $70 million deal with Twitch rivalKickmay in fact include equity in the company. An increasing number of Twitch’s most popular content creators have been jumping to the new streaming platform, and evenAmouranth recently announced her move to Kick, which is particularly notable because she was the most-watched female streamer on Twitch in 2022.Amouranth’s announcement came shortly after it was revealed thatxQc had penned a massive $70 million contract with Kick, which could balloon to $100 million thanks to unspecified incentives. Some analysts are even guessing that xQc might also earn a whopping $10,000 an hour on Kick in addition to the base salary. This propels the streamer, who got his start playingOverwatch,into the realm of the highest-paid athletes.RELATED:Twitch Legend Ninja is Now Streaming on KickIn a recent stream, xQc was chatting with fellowTwitchcontent creator Pokimane, who asked if he had taken any equity in Kick as part of the deal. Though he didn’t give any definitive answer, xQc did admit that he got to choose if he wanted equity or not. He also clarified that he “actually believes in the product,” and taking equity in Kick as a means of compensation would result in xQc “[getting] a part of what I do,” though it’s not clear what precisely that means.
Equity equates to partial ownership or share in the company. Many people on social media seem to think that xQc taking equity in Kick is a bad idea because it’s presumed that the platform is not yet making money, though the company’s co-founder claimed in April that the site is already turning a profit. And even if Kick isn’t bringing in huge revenue numbers yet, it’s still a new platform that may grow substantially in the future, so taking equity in the company during its fledgling years may prove to be a very smart move. In other words, it’s a gamble, andxQc has shown that he isn’t averse to gambling.
