Live data from Hacker News

Patreon raises big round at $450M valuation

techcrunch.com

141–145 of 145 posts

Re: Patreon raises big round at $450M valuation

#141
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.

A vast part of Youtube's audience are minors who don't have credit cards and couldn't pay for content. So they are shown ads.

Youtube would not replace the ad model with a patron model, they would ADD the patron model. Patreon has shown there is clear demand for that feature.

Re: Patreon raises big round at $450M valuation

#142

Earlier quoted context omitted.

A vast part of Youtube's audience are minors who don't have credit cards and couldn't pay for content. So they are shown ads.

Youtube would not replace the ad model with a patron model, they would ADD the patron model. Patreon has shown there is clear demand for that feature.

One of the reasons Youtubers are moving to Patreon is a lack of trust in Google to provide a platform that generates a stable income, due to their demonetizing of accounts,arbitrary tweaks in the algorithm, refusal to defend Fair Use, etc.

If I were a big successful Youtuber, which I'm not and will never be, I wouldn't go near a patron service provided by the same company whose practices were driving me away from them to begin with.

Re: Patreon raises big round at $450M valuation

#143
post #142

Earlier quoted context omitted.

Youtube would not replace the ad model with a patron model, they would ADD the patron model. Patreon has shown there is clear demand for that feature.

One of the reasons Youtubers are moving to Patreon is a lack of trust in Google to provide a platform that generates a stable income, due to their demonetizing of accounts,arbitrary tweaks in the algorithm, refusal to defend Fair Use, etc. If I were a big successful Youtuber, which I'm not and will never be, I wouldn't go near a patron service provided by the same company whose practices were driving me away from the…

Or just because ads is not viable before reaching 5M views a month. While convincing 1000 fans to give you 5$/month is easier. Patreon allow people with small community of dedicated fans to make a living while YT allows people that make crap watched by millions of people to make money. So they are complementary.

Re: Patreon raises big round at $450M valuation

#144

Earlier quoted context omitted.

You're missing the network effect. With Patreon you can see who your friends are supporting and use the network effect to influence or signal to your friends who you're supporting, kind of like Kickstarter. Conversion rates are higher too because chances are your would be supporters already have an account on Patreon. It's like anyone could write a Facebook clone, the hard part is cloning the community.

Network effect is overrated. I don't look at any of my friends on Patreon. I don't even think I have any Patreon friends. Its just a more simple way for me to Paypal people I want to support.

Agreed l. Also network effect may happen IRL and on FB, no need to rely on Patreon for it

Re: Patreon raises big round at $450M valuation

#145

Earlier quoted context omitted.

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.

Peterson gained a lot of attention and an entirely new YouTube following for refusing to call transgendered students by their preferred pronoun on the basis it was "mouthing Marxist words" and directly linking it to gulags and mass slaughters

Lest one think that this might be an unfortunate bit of hyperbole taken out of context in what must be an unusual situation for an outspoken middle-aged religious intellectual to face, he's doubled down on it with an angry lecture series on the subject and other crackpot theories like "the idea that women were discriminated against across the course of history is appalling" and actually it's all a myth caused by the birth control pill making modern women hostile towards masculine men. I wish I was parodying that argument; I'm merely summarising it.

I doubt advertisers were upset by his studies on the Bible

Post reply on HN