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Based on https://patreonhq.com/creators-have-made-100m-on-patreon-ddfcc9338662 https://patreonhq.com/creators-have-made-100m-on-patreon-ddf..., seems like they
by arikr 9y ago
Based on https://patreonhq.com/creators-have-made-100m-on-patreon-ddfcc9338662 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.
- hobofan 9y agoI'd not be surprised if their growth this year is even bigger than last year. 2017 is the year of the Youtube Adpocalypse and more and more creators are looking for alternate, more stable, revenue streams. There is still a lot of potential of revenue coming in from existing big content creators switching to the platform. When Philip DeFrance started his Patreon a few months ago he became the #2 most sponsored creator in Patreon in a few days, and his channel is "only" ranked ~350th by number of subscribers.
- paulpauper 9y agopretty much everything tech VC-related is overvalued by conventional metrics
- cocktailpeanuts 9y agoNormally startups raise money to accelerate growth. Nice try with your projection but that's not how startup valuation and growth works.