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> Aggregation is highly-valued, and we underestimated that. To me, at least, this is the core issue. Patreon is supposed to be the way to support creators in t
by AlanSE 9y ago
> Aggregation is highly-valued, and we underestimated that.
To me, at least, this is the core issue. Patreon is supposed to be the way to support creators in the internet age.
If they're going to make a strong many-to-many funding model impractical, then why should anyone put money into them as opposed to conventional charities? An NPR pledge drive will sign me up for a credit card monthly auto-payment, but that just doesn't really get me excited. Sure, it's a good cause, but good causes have always been around.
This is critical because of the fact that so many of the creators are actually doing bleeding-edge things. The tiny sub-categories of creators I fund didn't exist 3 years ago. A $1 donation isn't just a signal from the supporter to the creator. It's a signal to the media, it's a signal for potential book deals, all kinds of things. Those numbers have value. By making those contributions radically financially inefficient, they are risking a tipping point that undermines their core value proposition. Even worse, it hurts the frontiers of creation that we cared about in the first place.