Hacker News new | ask | show | jobs
by bgroat 2180 days ago
edit: brackets 40% to 49%)

This is such a nitpick, but do the economics work at 40% (or even 49%)?

It seems intuitively wrong to me that your value captured is greater than the content creators.

If the economics don't work, feel free to instruct me to take a long walk on a short pier

1 comments

The economics very well could work at a different split! We chose a 50/50 split because we estimated that we could grow and survive on $5/mo per user. We're 100% open to shifting that split and plan on making all the economics transparent to users so they know where their money is going, both the cut that we take and how the writer take is split up.

We don't want to over-promise on the revenue share at the beginning because we've got 3 key promises that we never want to compromise on but do limit us somewhat financially:

- Absolutely no advertising.

- Absolutely no selling/sharing of user data, even in aggregate or "anonymized".

- Reach profitability ASAP so we don't have to fund raise endlessly and lose control of the company.