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Patreon raises big round at $450M valuation

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Re: Patreon raises big round at $450M valuation

#6

Patreon is fighting the good fight so far, especially with YT promoting more disposable content with every passing day

Well, YouTube seems to be punishing any mildly controversial topic, so the positive side is that Nazis and other crazy people can't use it as a viable platform, but on the flip side you can't really talk about anything really serious without getting your ad revenue cut.

Re: Patreon raises big round at $450M valuation

#8

That means they're going to expect a lot of revenue. Which they plan to take on money that people give freely. I don't see that ending well.

Well luckily for them they don’t have to take no money in order to be the good guys here. They only need to take less than the other methods of monetizing videos (youtube). I’d imagine they’ve expored what kind cut they will need to take to be profitable and how that will affect the decisions of the people paying in.

Re: Patreon raises big round at $450M valuation

#10

That means they're going to expect a lot of revenue. Which they plan to take on money that people give freely. I don't see that ending well.

Well luckily for them they don’t have to take no money in order to be the good guys here. They only need to take less than the other methods of monetizing videos (youtube). I’d imagine they’ve expored what kind cut they will need to take to be profitable and how that will affect the decisions of the people paying in.

Not really. Youtube is indirect monetization thorugh advertisers. The audiences (that the respective companies care about) are completely different. Patreon wants creators and their fans on their platform moving money through them so they can take their fees. Youtube doesn't care at all about content creators or viewers but about advertisers - as long as advertisers are happy Youtube would cripple the user or creator experience.

So the people giving Patreon money are not necessarily satisfied with 1% less fees than Youtube advertisers pay because they aren't advertisers and advertisers aren't using Patreon to fund creators.

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