Comment by theshrike79
3 days ago
A single washed up Youtuber getting residual income is very different from someone running a full-ass company with a bit under 100 employees.
3 days ago
A single washed up Youtuber getting residual income is very different from someone running a full-ass company with a bit under 100 employees.
The point being made is that he has plenty of income (it is in the 10s of millions I am sure).
If he has that many employees for his YouTube channel he is letting his expenses get out of control. It is as simple as that.
If he fired everyone tomorrow and stopped making videos, he would probably still be making six to seven figures a year just from people (re)-watching the existing content. I wouldn't be surprised if he has other holdings / properties that generate him income outside of YouTube.
You see this happen a lot on YouTube where someone starts getting a lot of money in via YouTube Ad-revenue and they start trying to operate it like it is a television station and paying for co-hosts and researchers etc. Costs then increase ten to twenty fold. Then once inevitably YouTube change how monetisation works or people get bored with their content and their revenue dips they resort to clickbait, scamming, and other nonsense.
This could all be avoided by just keeping control of their costs. So I have little sympathy for him saying "I have to do the click bait guys", when it was his decision to make those hires and he was already rolling in cash.