Comment by wincy
3 years ago
I’m curious about this too. He did a breakdown of how much money they get from ads and it’s not much considering how many employees they have. They have a lot of sponsorships and selling swag but I’m just not sure what their maximum size is as just another YouTube channel, even one with lots of revenue streams.
Honestly, I think Linus has reached the point where even if his endeavour fails his family will be OK. Plus, he'd get to spend more time with them.
Dude literally has a brand new house where he wrote off all the renovation as business expense as he was filming it for his channel. He's totally fine.
I dont think he wrote off the renovations, as that would be problematic from a tax perspective. what he probably does is charge LMG what would be considered a reasonable rate to film on at his home and he makes money back that way.
i.e. this came up when he was talking about the wall tv. he couldn't just bill it to lmb and store it at home, he would have to pay for it out of pocket and then charge LMG for every time they used it.