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Is Patreon making a profit right now?
by stagger87 9y ago
Is Patreon making a profit right now?
- kuschku 9y agoNo, they’re making significant losses, and according to rumors, credit card companies are seeing too high refund rates with Patreon, and are asking them to either fund that, or unbundle the payments.
- theobon 9y agoDo you have a source for these rumors. This is the second comment I've seen on this post suggesting this but I can't find any supporting evidence. According to Patreon's blog posts the unbundling was entirely related to the "date of first subscription" problem.
- pishpash 9y agoHow does unbundling help refund rates?
- deleted 9y ago[deleted]