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I don’t see this from an idealism perspective at all. Patreon is just a payment processor platform that made it easy for the long tail to have subscriptions, th
by acituan 6y ago
I don’t see this from an idealism perspective at all. Patreon is just a payment processor platform that made it easy for the long tail to have subscriptions, that was their unexploited profit opportunity. That opportunity diminishes as the monthly revenue numbers increase, because if people are making enough, they will just have other, custom channels available to them.
In other words, no one who can average $1M a month has anything more to gain from moving to Patreon’s platform, or any other payment processing platform for that matter.
> less than 4% of Patreon's total number of creators make $1K or more a month, but they account for about 70% of Patreon's revenue.
That describes the shape of the curve, but doesn’t describe the total volume. If the overall market size is increasing, which it does, regardless of the thin long tail, their aggregate revenue will increase. It doesn’t need to do anything special, it just needs to make sure it is not going to lose its share of the ever growing pie.