Patronage is not a business model

It can be a feature that's embedded into an app as a way to expand optionality of how users engage, but I'd take the bet 10 times out of 10 that it won't lead to a sustainable source of revenue

Investing @variant, writing at https://backoftheenvelope.substack.com/

If you walk through the logic experiment of what patronage as a business model looks like, it breaks down pretty quickly

I feel like this is a tautological argument

Try walking through the logic of what it would look like (I’m not going to do it for you)

Feel free to post the line of logic publicly (ie in this thread) and I’ll respond to specific parts that I think get at the crux of my argument