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I’m curious what isn’t sustainable, since it doesn’t go into detail in the article. If using stripe (or similar), all payment backend/scalability is included i
by sbr464 8y ago
I’m curious what isn’t sustainable, since it doesn’t go into detail in the article.
If using stripe (or similar), all payment backend/scalability is included in the processing fees. And that portion is covered by the additional 5% fee Patreon charges directly.
5% of 500 million = $25 million USD.
+ 10 million USD extra since the actual processing fees are typically 3% or less in cost.
That leaves ~$35 million USD to cover:
- support staff
- ethics staff (mentioned was important)
- ops/accounting staff
- developers
- designers
- legal/insurance
- office space/expenses
- marketing
- hosting, transactional email expenses
- r&d
Most videos/content are using YouTube still from what I’ve seen, that would help avoid a large bandwidth bill.
It’s not a large company for sure, but do content providers really want a large, for-profit entity with ever increasing revenue needs in between them and their subscribers?
I’m curious what the unsustainable bit is when the above is considered.
- bartwe 8y agoNot making enough for the level of investment taken ?