this post was submitted on 13 Aug 2023
376 points (74.1% liked)

Technology

59600 readers
3460 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] fidodo@lemm.ee 1 points 1 year ago

And payment sharing will most likely be a percentage of revenue and right now their biggest hurdle is just scaling, and it's incredibly rare that a startup with huge demand completely fails because of scaling challenges. Once they scale their profit margin will be huge, they'd be able to do payouts and still profit. But don't get excited about payouts, it'll probably amount to pennies like it does on Spotify.