On: Patreon raises big round at $450M valuation

[justinzollars]

Why do they need so much money?

[beambot → justinzollars]

Best time to raise funds is when you need it least. Maybe this was a way to pad the bank account in case of a downturn.

[hobofan → justinzollars]

I would wager Silicon Valley salaries are the main money sink.