> Patreon is a classic VC tragedy. They are already a monopoly. They could be fantastically profitable right now. All the growth that is there to get in their

> Patreon is a classic VC tragedy. They are already a monopoly. They could be fantastically profitable right now. All the growth that is there to get in their market segment, they are already getting. The $64,000 is - would they have reached this position without the initial venture capital? I assume they burned a lot of money to get initial mindshare/awareness amongst creators. Without that, they may have died on the vine (or had a competitor swoop in to cut their lunch).