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by bilekas 918 days ago
This seems a great excuse to blame Instead of procrastination to me.. So 70% revenue was not enough to get something off the ground?
3 comments

People complain about credit card fees in the range of 2%. 30% lost to the ether could absolutely kill some otherwise profitable ideas in the crib.
Most existing businesses would fail if they faced those conditions, so yeah, actually it is a great excuse.
Have a look at AWS’s margins if you want a deeper understanding