November Earnings (Patreon)

Since the payment cycle has officially ended for our earnings from November, we're releasing the information on how much money we've been bringing in.  You'll notice that the numbers in October's pledge growth are weird, because the calculation method flipped on us that month when we switched to the pay upfront system.  We've noticed folks pay once, withdraw, and often come back to pay again later in the following month. It's a nice change from people pledging and then withdrawing before they could be charged at all. The results show at the end of November we brought in more money than was actually pledged at the end of the month. This is due to the folks who pledged, paid, and then withdrew before they could be charged at the beginning of December. We believe this trend will continue so if at the beginning of the month you see a massive dip, it's probably fine. Chances are we've well exceeded whatever final amount you see at the beginning of the month.

Some of you might be asking 'will you deliver on goals at the end of the month based on what you actually made not on what the pledge meter says?' and the answer is: No. 

The reasoning is simply that the vast majority of our goals are about hiring people for permanent employ. Their livelihoods will depend on us making x amount of money each month steadily. For example, at the end of November we had earned $12.5k, but some of that was withdrawn with the earnings from the previous month because people made pledges between the beginning of the month and when the payment cycle ended. This takes between 4-6 days, sometimes longer. There is also simply no guarantee that we'll continue making that. If we are at a pledge level at the end of a month when the payment cycle has gone through, we know that it's safe to hire on new team members and continue to expand out base. 

That said, if we start noticing that we regularly surpass whatever milestone is next while at the beginning of the month having not reached it? We'll implement that milestone since it would be unreasonable not to do so if significant evidence shows that our fears of instability are unfounded.