Earlier quoted context omitted.
> there were about 20K active content creators). The average monthly payment was $5000 20k times $5,000 = $100M/month. Still quite impressive.
… heavily skewed by the top 5%. So the number is likely way, way lower than $100M (perhaps $8-10M?)
I should have been cleared with my numbers considering the audience (HN is a stat-aware place it appears!)
Both of my numbers were accurate as stated:
* There were 20K~ active creators.
* The average monthly payout was $5K.
HOWEVER, those numbers are not intended to be calculated together for a total payout valuation (doing that would assume every creator received a payout every month, which was not the case).