It’s to my understanding that Dropout is doing pretty damn well, so I imagine he’s pretty rich from that. Not billionaire rich, but likely a millionaire.
Dropout’s doing well as an upstart company, but I don’t know if its profitable by a long shot. Sam pays well and he’s got a growing cast/crew with expanding budgetary needs. Who knows how much debt he’s carrying, either. I’m even willing to bet he’s not the sole proprietor. It’s been reported that cast and crew are in a revenue sharing arrangement with the company
Dropout officially retired all CollegeHumor branding in September 2023. Later that year, Dropout shared its profit with its employees and other workers
a habit that would definitely cut into its valuation if these contracts weren’t terminated.
With subscription in the hundreds of thousands, its undeniably a success. But how much does that actually translate to Sam Reich himself? Much harder to say.
Is he even technically rich-rich? Or is he just my-parents-have-money rich?
It’s to my understanding that Dropout is doing pretty damn well, so I imagine he’s pretty rich from that. Not billionaire rich, but likely a millionaire.
Dropout’s doing well as an upstart company, but I don’t know if its profitable by a long shot. Sam pays well and he’s got a growing cast/crew with expanding budgetary needs. Who knows how much debt he’s carrying, either. I’m even willing to bet he’s not the sole proprietor. It’s been reported that cast and crew are in a revenue sharing arrangement with the company
a habit that would definitely cut into its valuation if these contracts weren’t terminated.
With subscription in the hundreds of thousands, its undeniably a success. But how much does that actually translate to Sam Reich himself? Much harder to say.