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A comment on Patreon Raises $90M Series E at $1.2B Valuation. Parent comment

Re:Patreon Raises $90M Series E at $1.2B Valuation by emptyfile on Wednesday September 02, 2020 @04:09AM (#24351081)
>because it implies Patreon is some kind of charity middleman

They're not? I honestly thought they were a utility like PayPal.

Bizarre that people think they can make big money off it.

[ Parent | on HN ]
Re:Patreon Raises $90M Series E at $1.2B Valuation by LunaSea on Wednesday September 02, 2020 @06:01AM (#24351651)
Paypal also takes a cut.
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Re:Patreon Raises $90M Series E at $1.2B Valuation by z3t4 on Wednesday September 02, 2020 @11:30AM (#24354182)
Paypal is a bank. I think its in the gray zone what Patreon is. Investors are probably buying goodwill.
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