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Is Sofar Sounds getting its comeuppance?

Have any of you gigging players ever done a Sofar show? The idea is a "secret" show with a mystery location that is revealed to the audience (you buy tix in advance) a couple days prior. It's a fun idea, and every show is always sold out, but otherwise it's being executed poorly. My band has played a ton of them, usually to fill in gaps during a tour because their pay is terrible. They used to give you a choice of $100 (total for band) or a professional video of your performance, but I don't know if they even do that anymore, just the $100. We picked the video option several times and only ever got one that was good enough to post online anyway. Now they're a multi-million dollar business and they are still only paying artists $100 for a 20-30 minute set– these shows typically averaging $1,800 in total revenue. They don't even pay the owner of the space or the MC of the show (who are usually two different people). Personally, I don't do music for a living, but for those who do, it's not the best deal. Okay money for a single singer-songwriter maybe, but not for a band.

Anyway here's the article about them. I was curious to know how many other TB'ers play Sofars and think that they are pretty meh.
 
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I get the idea of house concerts. What I don't get is why a person would open up their home (or ghost venue) to a bunch of strangers for no remuneration. At least the musicians get something out of it.

I do like the the line: "savvy middle-men tech start-ups, with powerful marketing muscle, not-so-delicately wedging themselves in-between the customer and merchant". So many examples of that business model!
 
We have a thing here called Secret Stages. They do small (mostly) solo acoustic shows usually in someone’s home and the location is only revealed to ticket holders. Never been and don’t know how much it costs or pays, or who the backer is. They pull in nationally know blues artists on the regular so they are connected to a booker somewhere.
 
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