>Their burn rate is low (~$30,000/year now, though likely higher before)
The article you're commenting on says their quarterly expenses are 34k
The article you're commenting on says their quarterly expenses are 34k
That alone should sunstain them according to the numbers they are giving out themselves. Do the other non-Precious-Placstic parts of their Patreon make up such a big share that not a lot of that goes to Precious Plastics?
I'm less skeptical about Precious Plastic than a lot of people here from an idea standpoint (I think even if it doesn't make a huge impact ecologically, I think its a nice project for educational purposes). However I've become quite weary over the years of projects that don't have a good financial track record asking for many AND are not being transparent enough about their financials to allow potential backers to make sound judgments. If they present as a non-profit (no matter if they are registered as one or not), they should also aim to fulfill best practices about being a non-profit.