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brandnamehq
on April 9, 2020
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Launch HN: Art in Res (YC W20) – Buy art directly ...
What happens if a customer stops making monthly payments?
Does the financing model work by offloading all risk to the artist?
Are there some protections?
JohnFriel
on April 9, 2020
[–]
We take on the risk (it's one of the main reasons for our commission). If someone stops paying, either they send their artwork back to the artist or, in the worst case scenario, we pay the artist their full cut at a loss to us.
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Does the financing model work by offloading all risk to the artist?
Are there some protections?