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Patreon raises big round at $450M valuation

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101–110 of 145 posts

Re: Patreon raises big round at $450M valuation

#101
post #93

Is there a porn angle here? Seems like from Googling there's a decent amount of sexual content. I wonder if this is like Tumblr with a seedy underside of adult oriented growth.

Absolutely doesn't take much to find the links:

https://www.google.com/search?q=patreon+nsfw&oq=patreon+nsfw...

Simple writeup:

https://www.theverge.com/2017/8/2/16074892/patreon-erotic-mo...

Re: Patreon raises big round at $450M valuation

#103
post #86

Based on https://patreonhq.com/creators-have-made-100m-on-patreon-ddf... , seems like they are growing at about 2.4x/year. They will do $7.5 million in net revenue in 2017. Then assuming the growth rate doesn't slow (remember, growth rates usually get slower over time), $18 million in net revenue in 2018, and $43 million in net revenue in 2019. Net revenue, not net income. $450mm seems overvalued.

pretty much everything tech VC-related is overvalued by conventional metrics

Re: Patreon raises big round at $450M valuation

#104
post #72

Earlier quoted context omitted.

>but non-ultra-leftists without large social following are doomed Completely false, "left" YouTube channels I know of: like Philosophy Tube and Contrapoints are having serious problems with their videos being demonetised and removed. Videos which even mildly critisize capitalism are being demonetised, it's pretty much impossible to run a left wing YouTube channel without Patreon. Virtually all political videos are de…

It's perfectly possible to run the channel. You're just not going to make any money from it. Can't really blame advertisers for not wanting to associate their brands with political content, especially if it's as toxic as a Jordan Peterson rant on gender, and can question the motives of anyone whose decision on whether to critique capitalism or not is based on whether they can get enough juicy ad dollars for doing so.

I thought Peterson was a psych professor who has interesting perspectives on the bible. What are his toxic views on gender? Genuinely curious.

Re: Patreon raises big round at $450M valuation

#105
post #72
post #53

Earlier quoted context omitted.

By "Nazis" you mean Jordan Peterson? Because it's the likes of him that are getting banned - in his case temporarily, thank god, but non-ultra-leftists without large social following are doomed.

>but non-ultra-leftists without large social following are doomed Completely false, "left" YouTube channels I know of: like Philosophy Tube and Contrapoints are having serious problems with their videos being demonetised and removed. Videos which even mildly critisize capitalism are being demonetised, it's pretty much impossible to run a left wing YouTube channel without Patreon. Virtually all political videos are de…

Shouldn't we take a moment to consider the irony of monetizing a video promoting anti-capitalist philosophy?

Re: Patreon raises big round at $450M valuation

#108
post #82

I'm still wondering why Youtube isn't ALL OVER this model. Given that many are getting paid for publishing videos of what they do, it would be a great feature.

YouTube is trying things like tips (superchat), but their cut is enormous, something like 30%, plus processing. I'm glad YouTube isn't the one solving this though, because it means that I get to support folks who YouTube is screwing over, when I watch their content on vid.me and bitchute.

Re: Patreon raises big round at $450M valuation

#110

So what happens when YouTube builds in Patreon like functionality?

Social networks have momentum.

Youtube is still secondary to Twitch when it comes to serious online gaming streams. I guess Youtube has a big "Lets play" audience, but that hasn't really eaten into Twitch's core audience.

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The thing about Patreon is that its multi-medium. I've seen good video games, webcomics, books, AND yes, Youtube Channels, which are funded through Patreon.

Unless people start selling their Art, Video Games, Books, Webcomics and so forth on Youtube, I think Patreon will be fine.

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