>- absurd "revenue cuts" - break down the costs. The human cost of doing email support and in some cases phone support. Legal, trust and safety, legal, etc. Now

>- absurd "revenue cuts" - break down the costs. The human cost of doing email support and in some cases phone support. Legal, trust and safety, legal, etc. Now add the product development costs of a web service service in San Francisco. And finally add the % for the credit card processors, which isn't small. For 2019 they're projecting 25 million in revenue in addition to their 5% transaction fee. I have no idea how they can't build a business out of that. I think the GP has it right. Patreon can easily be a 100-200 million dollar kind of company with steady 10% returns. Since they've raised money at a big valuation that's not good enough. They have to be a billion dollar company for the VCs to get the return they want.