To prevent any more "I thinks" or supposings or probable guesswork, it would be nice if staff put a monthly financial fiscal report out on the last day of each month with a breakdown of all the areas the money from CSC sales go. If there's any extra left over it would be nice if it went to support animals in some way - wild or domestic or both, seeing as we're a pet site. It would be nice to see some good being done with our money.

These reports would help prevent any guesswork about what happens to all our money and allow us to see exactly what it's used for. We give money to Subeta. I think we have every right to know what happens to it.

The money goes into paying the people that work for Subeta, and the cost of running the site. Why do we need a breakdown of where exactly the money is going?

Do you walk into your favorite store or restaurant and demand to see where the money you spend there goes?

How are you giving the site money exactly? You're purchasing a product, just like if you went to a store, restaurant, or any other business. I really don't understand why people claiming that they are giving the site money when they are receiving stuff in exchange. :(

As for the site displaying financial information, I really don't think that is anyone's business but the site.

You're not donating, you're buying a product. Or, to better put it, you're exchanging currency. You give currency to get currency.

Sometimes it feels like the money is going nowhere because the site keeps going down, but hey, you don't have to buy CSC with money if you don't think it's being used properly.

I wouldn't be against seeing where subeta money goes for stupid gossipy reasons but beyond that why do we need to know?? you're not 'giving money to Subeta', you are paying for things. . you have no right at all to their financial records.

Do companies actually do this? This sounds like a completely inappropriate thing to ask for...

- Your font is so big :x :(

i would understand the need for this if subeta were a charity, and if we were making donations. but the fact of the matter is that when you're buying CSC, you're buying a product, and when you get that product, the transaction is complete on behalf of both parties. the site can funnel the money wherever the hell it wants to after that point. if you feel that the site's income isn't being used responsibly, then you make your say by withholding your money. that's all there is to it, really.

i might have a lot of bones to pick with how this site is run, but i can't get behind a call like this.

I don't think that is how business works.

First of all, most business perform under a yearly or a three-month fiscal cycle, not a monthly one. Why. Because it costs a lot of money to go and produce fiscal reports, so doing it for each month is really expensive and tedious.

Second, we are not Subeta's investors, nor are we its creditors. Subeta owe us no money, so we don't have to watch the income rates and the benefit margin. And, to people that never followed accounting, I don't really think everyone would understand what the benefit margin would mean.

Months 1-3 could have 600 000$ net income, but 450 000$ expenses, so the benefit margin would be 150 000$ While months 4-6 could have 300 000$ net income, but only 100 000$ expenses, so the benefit margin would be 200 000$

A lot of people that don't really understand accounting are going to believe 1-3 was better for Subeta, because MORE MONEY, but 4-6 is actually better, because you need to check the benefits.

Also, the leftover benefits are better off being reinvested in the site, rather than being given to charity. We have so many issues with the site, we need to fix our own. Keith also said that working with charities was nearly impossible, which is why he suggests to donate directly, rather than rely on Subeta to do it.

If in the future, Subeta is going to offer shares for investment, I wouldn't turn the idea down (;), Keith) and at this moment, I would feel involved enough to want to see the official numbers to see where improvement can be done. But right now, I'm not really interested.

I'd rather not know the specifics like I would for a large corporation that cannot be trusted legally/economically with what it is doing, an public activist group(internally), a union(internally), the government and such. Just knowing whether the site is in the red or black is all that matters(also in projections). And donations shouldn't be happening since the site could be using those funds for some great upgrades. I'm not an investor so I don't need to know specific information. My family happens to let my oldest brother stay over a lot but we don't ask him for his financial data; just the general status of how things are going. I don't think we need a report that would consume time but that information could be interesting to discuss.

Perhaps Subeta could consider what Reddit has done with some things. A daily csc goal (Like the daily reddit gold goal) might be a great boon if implemented correctly.

I'm really sick of the "I donate(d) to the site" point of view. You aren't donating to the site, you're buying a product. The fact that it's a virtual product is irrelevant, you're purchasing something, you're not making a donation. That said, I don't think any of us really have a right to know where the money is going once we buy something with it. Like others have said, do you expect every company you buy a product from to give you a report of what they put that money back into? :/

I don't particularly want to touch on the fact that we aren't donating to Subeta, we're buying things, since everyone else has mentioned it and is beating it like a dead horse. I would however like to talk about viewing some kind of expenses list for other reasons than the OP mentioned. Not once a month, but maybe as a little as once a year.

Mostly it's curiosity but there is some concern/confusion about how things are right now. Mostly with the influx of money being generated from the Custom Wearables market, people want to kbow where this money is going, (because even guesswork shows it's a lot of money.) And you know, with increases in money you expect improvements, new features etc.

Some examples that I'm personally curious about - What's going on with the cult/forum revamp? Are battle mods being paid in real money? Have new staff been brought on without getting rid of older staff, if so how many? Have staff received pay rises?

Some people just want to know if the site is doing well, or if it's doing too well without much money being put back into the site. Posts from Keith are rarely accompanied by actual statistics, and instead a pie chart or a vague graph are whipped out of thin air.

For the people who are asking "Do businesses even do this??", to be fair, any company with publicly traded stock does release that information and often to the public once a year. But we're not investors (or philanthropists), we're just customers, so it doesn't matter anyways.

BUT I do think it's a good idea to support transparency on a site like this. We're not investors, but our accounts are an investment. Subeta is a business, but it's more of a service: they host our little collection of pets and without their service our pixels would become useless. Meaningless. We're not really buying items or pets or avatars - we're renting them. People only buy items here because we have confidence that Keith won't neglect or sell the site. If Keith ever does decide that sales start falling behind due to a lack of confidence, giving us more information would probably be a great way to fix it.

The fact that we don't get updates can only mean one of two things: the site is doing well enough that boosting confidence isn't necessary, or it's so mismanaged that we'd be pissed and start fleeing for greener pastures. I think the first option is the common sense answer given the success of CWs, but I can see how the janky condition of the site could make people paranoid.

In the end I don't think the question should be "Is the site spending money wisely/on the things I want?" I think these are bigger worries: Will the site even be here a year from now? Will there still be an active userbase? This site has already lasted TEN YEARS and beat all the odds. It won't be here forever.

can we just stop for a moment and

wat

This is how I feel about it.

And as much as I personally enjoy supporting charities, I would rather see revenue the site makes going back to the site's improvement over donating to animal orgs. Although I suppose I wouldn't mind it if they released a CW or something where a portion of the proceeds went to an organization or a cause, that would be nice. But I think beyond that is unnecessary.

This is how I feel about it.

And as much as I personally enjoy supporting charities, I would rather see revenue the site makes going back to the site's improvement over donating to animal orgs. Although I suppose I wouldn't mind it if they released a CW or something where a portion of the proceeds went to an organization or a cause, that would be nice. But I think beyond that is unnecessary.

This.

As much as I would love to know how much of the CW funds are being used to pay programmers to recode the site (cough) among many other things, can you just imagine the shitfest that would last for the rest of our lives if even one dollar was spent on something we didn't think was warranted? Plus, Subeta isn't a non-profit, it's a company. And we purchase a product when we buy GAs/CSC. If you feel like your money isn't being put to good use, stop supporting the site financially.and make a topic explaining why you have done so. That would be more productive than demanding that Subeta show us its financial records. As much as we would like them to be, in the long run they're not really accountable to us in that sense. It's kind of a bummer, but it's the truth. Also, I do NOT want Subeta to donate the money I give them - I want them to spend it on improving the site. If they turned around and donated it, I would be pissed. That was not the intent behind us spending it in the first place, and it doesn't make any sense at all. If they fix all of the problems and find that they have money left, they should give bonuses to the employees who really outdo themselves and put the rest in the bank for a rainy day.

wat

HELLO I'M A KITTEN MEOW

i, for one, would love to know whether or not my money is being spent by subeta employees in order to purchase unwarranted amounts of alcohol & subscriptions to people magazine

Plz.

Us Weekly. Classy as F.

How about a more direct, controlled suggestion for the originator- stop buying CSC and donate that money to support animals in some way.

I hope they use the money for company parties to counter all the whining. I don't spend hundreds of dollars here because I think I'm giving them to charity. I don't ask what the owners of World of Warcraft do with their income either, but I'm betting there's a Christmas party involved. ;]

If you want to help animals your local RSPCA is looking for both donations and volunteers.