Well, he felt it necessary to making a begging video when it was at 387, and in it he said he needed a minimum of 500 to keep the channel going as it is in the longer term, if I recall correctly.
I know it's irritating, but we're making the mistake of believing him. Go with the assumption that everything he says is an outright lie or a manipulation of the facts.
To clarify (per Lloyd, so none of this is really true): Lloyd said he needs the following numbers of Patrons and YT membership COMBINED:
620 - Says the channel can "grow" but does not specify how. He actually made it to over 700 in April, but in reality he hasn't done shit to "grow" the channel.
500 - Says this is the minimum to "break even". In other words, he'll still keep to his level of videos, but he won't be too happy doing it because he thinks he should be getting more.
He might have 485 patrons, but we don't know what the YT membership numbers are. They were over a hundred in late April according to him. If he's losing Patrons, he's also losing them there. We just don't know how much. I'd guess he has less than 100 now. He only had a couple dozen before the begging stunt.
Even best case scenario - 485 Patrons + 100 YT Memberships gets him to 585 - 35 short of where he wants it.
As for the truth: Speculation rather. I think at 387 patrons he was doing OK on a personal level. I reckon he had already arrived at or was nearing the point where he'd have to cut his pay in order to keep Tibor and he didn't want that. He could have sacked him, but it would have doubled his work load and he definitely didn't want that. That is probably why he said he said he was 700 Euros short of payroll. But don't believe that figure or even that he was short. He was just trying to make people believe he was hurting for money. The company tax filings indicated that they had over 8000 euros in the bank, so that was a total fabrication. Do the math - 700 Euros is less than 8000. He wasn't short on payroll.
Again, no responsibility for tarnishing his brand and refusing to put in the work to create better content. Instead he puts his hand out like he's owed it. He got to keep Tibor and keep his wife paid, but it came at a huge cost. It gave him some temporary breathing room, but it wasn't a long term fix. He's ruined himself and band-aids won't fix it.