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RE: Steemit.com generating roughly $20k per month in Ad Revenue
Yes the ad rev and monthly expenditure figures were very interesting.
I was surprised when Eli had mentioned $50K /mth in the past. $20K is more realistic (and more in line with Hypestat projections - currently $32K/mth).
It is going to be a majorly hard slog to 10x that ad rev to break even - but somehow they need to find a way...
Othewise presumably the monthly deficit of $200K - $20K = $180K can only be met by selling STEEM.
If my calculations are correct that would be over 1 million STEEM per month (higher than the previous programmatic sales of 800K per month).
Yep, I noticed that as well, and if prices drift lower, it means more steem would need to be sold.