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We’ve Raised $60M in New Funding

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Re: We’ve Raised $60M in New Funding

#31

And there are dozens of you making over $30k per month!! Is there any way of browsing these creators? How many creators make money at the rate of $40k per year? Also, is there a typical curve that earnings follow over time?

https://graphtreon.com/patreon-creators

Some creators have their earnings private.

Re: We’ve Raised $60M in New Funding

#32
post #21

Earlier quoted context omitted.

That's how Gratipay does it: https://gratipay.com/Gratipay/ But they're only getting enough to pay for like, 1/10th of a developer...

Also, Bountysource: https://salt.bountysource.com/teams/bountysource What amuses me is how software projects prefer Patreon instead of Bounstysource

Really? I've not yet seen any software projects on patreon.

Re: We’ve Raised $60M in New Funding

#33
I love Patreon but am scared for them. As more and more YouTube creators find it untenable to survive on revenue from YouTube (which is something YouTube wants to happen, IMO) and they turn to Patreon... that puts Google in a difficult position, serving basically as the free-cost video host for those creators who likely won't bother putting ads on those videos either.

And if Google makes a big to buy Patreon, I REALLY hope Patreon would refuse it no matter how large it would be, but I can't imagine anyone walking away from 'never have to work again' money. Google buying Patreon would cause me to wear black and mourn for at least a month. They would move aggressively to remove all creators who do anything not deemed 'advertiser-friendly' (really anything that wasn't mainstream in the early 2000s when Google came about, which is where Schmidt wishes to petrify human culture) and then progressively move to make it less and less possible for people to make a living doing things which members of the public wished to support. Such a model does not lend itself to what Schmidt sees as the proper structuring of society, with centralization of wealth into a ruling minority class establishing the 'pillars' of society, any widespread movement looks to people of his perspective like rats chewing through those pillars. He made a smart move publishing his book where he puts forward the idea that Google should use its position and power to actively 'guide' human culture for the good of the peons not as wise as he. If he'd published it online, people would read it.

Re: We’ve Raised $60M in New Funding

#34
post #3

it's sad that content creators have to beg for money or litter their stuff with ads :/

I wish I could get my head around this, I'm an artist and people tell me my work is good and I do sell some, but I can't bring myself to go on to Patreon because I feel like it's begging (although weirdly I only apply this to myself, I don't think badly of other people that do it... but then I don't look down on people who beg anyway, I grok St. Francis of Assisi so I'm not sure what all of this means). Meanwhile I've moved into a caravan and often have trouble affording to eat (luckily I'm still a bit fat haha).

Re: We’ve Raised $60M in New Funding

#35
post #21

Earlier quoted context omitted.

Also, Bountysource: https://salt.bountysource.com/teams/bountysource What amuses me is how software projects prefer Patreon instead of Bounstysource

Really? I've not yet seen any software projects on patreon.

https://www.reddit.com/r/linux/comments/5omtvg/patreons_to_s...

Re: We’ve Raised $60M in New Funding

#36

Earlier quoted context omitted.

Naive question: what are all those people doing?

Website engineers, database engineers, iOS developer(s?), android developer(s?), website designers, customer support (both for creators and patrons), fraud team (this is huge because they deal with a lot of money and a lot of transactions, they need to be on the look out for money laundering, etc), accounting, administrative, and probably more that I am not thinking of right now.

Don't forget huge costs associated with having a physical office, maintenance related to that, etc, and all the productivity destruction such a thing creates. Compensating for that eats up a ton of money in companies.

Re: We’ve Raised $60M in New Funding

#38

I love Patreon but am scared for them. As more and more YouTube creators find it untenable to survive on revenue from YouTube (which is something YouTube wants to happen, IMO) and they turn to Patreon... that puts Google in a difficult position, serving basically as the free-cost video host for those creators who likely won't bother putting ads on those videos either. And if Google makes a big to buy Patreon, I REALL…

Unfortunately I fear that Google has become too big for the whole world and will slurp up everything that can be a competition, just like they slurped up youtube too at one point in time. And we all know that money moves people, so there is that - github, patreon, twitch. Google has things to buy.

Re: We’ve Raised $60M in New Funding

#39
post #5

I like the patreon model, as it's let me support various creators whose content I like (Webcomics/Websites/Musicians) without having to endure web ads. I get what this post is saying about wanting to add new features, but I can't help but be a little apprehensive about what taking this amount of external funding means for Patreon's future. It doesn't strike me as a business that's likely to experience "hockey stick"…

Yeah. They have now become dependent on external decision makers.

I wonder if we'll have to read notes such as "how patreon was once great" ... before a sell-out to some other company will happen.

However had, that being said, I applaude the guys who actually bootstrapped the whole thing. The 60 million is of course great, but I think that their INITIAL idea worked in practice, is much, much cooler than the 60 million they got.

Re: We’ve Raised $60M in New Funding

#40
post #21

Earlier quoted context omitted.

Also, Bountysource: https://salt.bountysource.com/teams/bountysource What amuses me is how software projects prefer Patreon instead of Bounstysource

Really? I've not yet seen any software projects on patreon.

Many twitch streamers prefer patreon.

I have no idea; just stating that I noticed it when watching some twitch events.

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