Does it make sense to pay fees? (Pros & Cons) - (podcast ep003)
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Summary
Paying fees as 2 sides: the good and the negative.
On the positve side, we have:
- Low investment;
- Good someone working alone;
- Network effects.
On the negative side, we have:
- Fees tax the success of creators;
- No limit on the cost;
- No moat on the side of the platform;
- Lack of control for the creator;
- You have to follow the platform rules (even if they aren't clear)
- Your 'brand' will be associated with the platform