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Start with a legal team. Seriously. That said, I feel like this is a bit of a weird post for HN. You are asking the hardest questions of “How do I build a succ

Start with a legal team. Seriously. That said, I feel like this is a bit of a weird post for HN. You are asking the hardest questions of “How do I build a successful competitor to an already successful competitor?” - isn’t that the essence of founding a company? Like i don’t want to discourage thoughtful discussions on this site and I’m not saying any rules are being broken, but it feels a bit disingenuous to be asking these questions in the sense that people that have real answers to this are probably charging REAL fees, if not already doing the whole thing themselves.

tiuPapa 8y ago
Not OP, but I think there are tons of different application of the basic idea that patreon is based on. I took this as a technical question which could also be worded as "how do I build a service where I can link a buyer with a seller and earn money on that transaction?"
- elliotec 8y ago
  The OP specifically states that they know the technical part and are asking about the "financial side". But - > "How do I build a service where I can link a buyer with a seller and earn money on that transaction?" I googled that exact phrase just to see what came up, and the first link was this: https://www.sharetribe.com/academy/how-to-design-your-marketplaces-transaction-flow/ https://www.sharetribe.com/academy/how-to-design-your-market... Which highlights Paypal and Stripe as clear and strong answers to this question, which I'd expect most people asking it to already know - it's the other questions that are tougher.
  - rainydaybook 8y ago
    That article is about creating a marketplace rather than a "support" type of setup that Patreon has. From a financial & compliance POV it's quite different because it's not a payment for a specific product.
rainydaybook 8y ago
I didn't mean a clone of Patreon or anything like that. On the tech side, it's quite different, but on financial side it's similar, so the easiest way to ask about it was to refer to Patreon as the most widely known service with this type of setup.

tiuPapa 8y ago

Not OP, but I think there are tons of different application of the basic idea that patreon is based on. I took this as a technical question which could also be worded as "how do I build a service where I can link a buyer with a seller and earn money on that transaction?"

elliotec 8y ago
The OP specifically states that they know the technical part and are asking about the "financial side". But - > "How do I build a service where I can link a buyer with a seller and earn money on that transaction?" I googled that exact phrase just to see what came up, and the first link was this: https://www.sharetribe.com/academy/how-to-design-your-marketplaces-transaction-flow/ https://www.sharetribe.com/academy/how-to-design-your-market... Which highlights Paypal and Stripe as clear and strong answers to this question, which I'd expect most people asking it to already know - it's the other questions that are tougher.
- rainydaybook 8y ago
  That article is about creating a marketplace rather than a "support" type of setup that Patreon has. From a financial & compliance POV it's quite different because it's not a payment for a specific product.

rainydaybook 8y ago

I didn't mean a clone of Patreon or anything like that. On the tech side, it's quite different, but on financial side it's similar, so the easiest way to ask about it was to refer to Patreon as the most widely known service with this type of setup.