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A comment on Patreon ups its revenue cut, but grandfathers in old creators. Parent comment

Re:Patreon ups its revenue cut, but grandfathers in old crea... by idlewords on Tuesday March 19, 2019 @02:54PM (#19434283)
There is always a second direction to go in addition to up.
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Re:Patreon ups its revenue cut, but grandfathers in old crea... by dflock on Tuesday March 19, 2019 @04:33PM (#19435494)
Right, but their huge VC debt will force them to _try_ to go up, or failure will force them down.

What they can't now do, is what they should be doing - which is staying where they are.

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Re:Patreon ups its revenue cut, but grandfathers in old crea... by idlewords on Tuesday March 19, 2019 @05:06PM (#19435877)
I think this is an area where we will violently agree. There is a 'dead zone' of profitable, small companies that could exist but don't because of the pathologies of VC funding.
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Re:Patreon ups its revenue cut, but grandfathers in old crea... by zanny on Tuesday March 19, 2019 @10:03PM (#19438210)
Its not dead, you just can't use VC funding to get there. There are still startups being funded by the pooled money of families / state grants / etc that can grow sustainably and so long as they can stay in the green answer to no one on future growth but themselves.
[ Parent | on HN ]