[RSZC]

For lots of companies, 'increasing their margin' refers to increasing their margin from < 0 to > 0.

That would be my charitable reading of parent post, and does anybody believe that Bandcamp was profitable?

[digging]

Yes, Bandcamp has been profitable for 13 years so this discussion is irrelevant.

https://blog.bandcamp.com/2016/05/19/bandcamp-downloads-stre...

Either things changed and Bandcamp suddenly was no longer profitable, which makes no sense, or the owners sold out for their own profit.

[buzzert]

Yes, exactly. With a margin of <0, either someone is working for free or the company is running off of some kind of VC/angel investment, neither of which is sustainable.