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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Techperiscope

Here’s How Much Periscope Has Grown In Its First Year

By
Kia Kokalitcheva
Kia Kokalitcheva
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By
Kia Kokalitcheva
Kia Kokalitcheva
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March 28, 2016, 3:08 PM ET
The Periscope video streaming site logo is displayed on the screen of an Apple Inc. iPhone in this arranged photograph taken in London, U.K., on Friday, May, 15, 2015. Facebook Inc. reached a deal with New York Times Co. and eight other media outlets to post stories directly to the social networkÕs mobile news feeds, as publishers strive for new ways to expand their reach. Photographer: Chris Ratcliffe/Bloomberg
The Periscope video streaming site logo is displayed on the screen of an Apple Inc. iPhone in this arranged photograph taken in London, U.K., on Friday, May, 15, 2015. Facebook Inc. reached a deal with New York Times Co. and eight other media outlets to post stories directly to the social networkÕs mobile news feeds, as publishers strive for new ways to expand their reach. Photographer: Chris Ratcliffe/BloombergPhotograph by Chris Ratcliffe—Bloomberg Finance LP/Getty Images
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Saturday marked one year since the Twitter-owned video broadcasting service Periscope made its public debut.

And it’s grown a lot in its short first year of existence. To date, users have created more than 200 million broadcasts, the company said in a blog post on Medium.

Periscope also revealed that every day, users watch a combined 110 years worth of video through its native iOS and Android apps. In early August, just four months after the service’s launch, users were only watching about 40 years of video per day—a significant jump for Periscope. We can also deduce that this metric has been growing by almost 10 years per month on average, though Periscope hasn’t released this data so it’s only rough math.

 

One number missing from Periscope’s report: users. In August, the company said it had 10 million registered accounts and just under 1.9 million daily active users, but no such data this time around.

In any case, a lot has changed in Periscope’s world since its birth. Meerkat, the indie service that for better or worse, debuted first, just in time for the annual South by Southwest festival in Austin last year, finally capitulated and shifted to being a video network. Facebook (FB), Twitter’s long-standing rival when it comes to monopolizing people’s time and eyeballs, came out with Live, its own take on the video broadcasting craze. It’s not quite clear how well that will fare, but Facebook is all in on it, even prioritizing it in users’ news feeds. And then there’s Google’s (GOOGL) rumored project to build its own version, though nothing’s been confirmed yet.

Meanwhile, Periscope’s parent company, Twitter (TWTR), is working to get itself back on track.

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