I am not personally a fan of Patreon but this analysis is weird. They took VC instead of a bank loan because they were too risky for a bank to give them a loan. The VCs are demanding higher returns because they have to cover the losses of all the startups that *didn’t* succeed.
Quote Tweet
I don't want to be doom and gloom, but Patreon is about to eat itself. Or, more specifically, the investors who demand geometric growth are about to demand Patreon eat itself.
cnbc.com/2019/01/23/cro
Show this thread
4
5
31


