Meet the US-based Pakistani who helps video gamers make money

Ali Moiz, the Pakistani born US entrepreneur has turned his passion for playing video games into a multi-million dollar business and is now helping thousands others to make money by playing video games.

The 34-year-old is the CEO of Streamlabs, which is a free platform that allows video gamers to livestream their game online. “What gets me out of bed every morning is I think of this as we’re creating jobs,” Moiz said in an interview to Time.

“By creating consistent income for streamers that are struggling, we’re enabling them to do what they love,” he added. The streamers earn with virtual 'tip' money donated by dedicated fans.

The tip may not sound much, but the company says it processed $36.7 million in tips between April and June of this year.  Streamlabs give the entire amount of tip to the streamers. Meanwhile, Stremalabs itself earns most of its revenue from its pro service, which costs $5.99 a month.

Speaking about Streamlabs and its business model, the Karachi-born video-gamer said, “Streamers as a whole as a content-creating class really struggle to make ends meet because right now the advertising market is pretty small and weak”.

“If you are starting a livestreaming channel today and you have a handful of fans, making income is incredibly hard,” he added.

As the company continues to grab fans, Streamlabs believes it is set to rake in $150 million for streamers by end of this year.