3 ms·

$500 for this bug bounty seems very low.

by ozten 4y ago

benatkin 4y ago
Indeed. I think it should be $1250 minimum, which would be a week's pay at a $65000 salary. I think they might have kept it below $600 because of the IRS's $600 threshold* which to me is tantamount to them deciding not to pay a real bug bounty. * https://www.bloomberg.com/news/articles/2022-12-23/irs-delays-600-tax-report-threshold-for-venmo-etsy-sellers https://www.bloomberg.com/news/articles/2022-12-23/irs-delay...
- quickthrower2 4y ago
  That is still low because of the unpredictability. It might take weeks of work across many sites to find a bug. So the bounty needs to be high to compensate for that, if it is to be a career.
Topgamer7 4y ago
I'm not too surprised. Gumroad was bought by venture capital, found not profitable enough. Bought back by the founder. And maintained by a lightweight team.
- benatkin 4y ago
  Still seems cheap. > $3,896,872 The amount of income earned by Gumroad digital entrepreneurs last week. https://gumroad.com/ https://gumroad.com/ ~3 screens from the bottom > Fees on Gumroad are simple: When you make a sale, we charge a 10% fee. This does not include credit card processing or PayPal fees. There are no monthly payments or other hidden charges. https://help.gumroad.com/article/66-gumroads-fees https://help.gumroad.com/article/66-gumroads-fees
  - fragmede 4y ago
    1,000 bps⁉ And not including credit card processing fees? That's a good business to be in!
    - moneywoes 4y ago
      Are there any competitors? Seems a lot for a commodity service
      - hbn 4y ago
        https://backed.by https://backed.by launched yesterday. It's a decentralized Patreon competitor that only takes 1% I actually want to make a dedicated post about it cause it seems like an actually interesting utility of web3, but I also know a lot of people might just see web3 and automatically downvote.
        corobo 4y ago
        Does it support real currency too? Doesn't matter what the cut is if it's a percentage of $0/month E: the getting started page could do with being whittled down, linking someone to this and still expecting donations is ambitious! https://backed.by/pages/get-started https://backed.by/pages/get-started
- onetokeoverthe 4y ago
  [dead]

$500 for this bug bounty seems very low.

by ozten 4y ago

$500 for this bug bounty seems very low.

Indeed. I think it should be $1250 minimum, which would be a week's pay at a $65000 salary. I think they might have kept it below $600 because of the IRS's $600 threshold* which to me is tantamount to them deciding not to pay a real bug bounty. * https://www.bloomberg.com/news/articles/2022-12-23/irs-delays-600-tax-report-threshold-for-venmo-etsy-sellers https://www.bloomberg.com/news/articles/2022-12-23/irs-delay...

quickthrower2 4y ago
That is still low because of the unpredictability. It might take weeks of work across many sites to find a bug. So the bounty needs to be high to compensate for that, if it is to be a career.

Topgamer7 4y ago

I'm not too surprised. Gumroad was bought by venture capital, found not profitable enough. Bought back by the founder. And maintained by a lightweight team.

benatkin 4y ago
Still seems cheap. > $3,896,872 The amount of income earned by Gumroad digital entrepreneurs last week. https://gumroad.com/ https://gumroad.com/ ~3 screens from the bottom > Fees on Gumroad are simple: When you make a sale, we charge a 10% fee. This does not include credit card processing or PayPal fees. There are no monthly payments or other hidden charges. https://help.gumroad.com/article/66-gumroads-fees https://help.gumroad.com/article/66-gumroads-fees
- fragmede 4y ago
  1,000 bps⁉ And not including credit card processing fees? That's a good business to be in!
  - moneywoes 4y ago
    Are there any competitors? Seems a lot for a commodity service
    - hbn 4y ago
      https://backed.by https://backed.by launched yesterday. It's a decentralized Patreon competitor that only takes 1% I actually want to make a dedicated post about it cause it seems like an actually interesting utility of web3, but I also know a lot of people might just see web3 and automatically downvote.
      - corobo 4y ago
        Does it support real currency too? Doesn't matter what the cut is if it's a percentage of $0/month E: the getting started page could do with being whittled down, linking someone to this and still expecting donations is ambitious! https://backed.by/pages/get-started https://backed.by/pages/get-started
onetokeoverthe 4y ago
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