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countdownnet

23 karma · joined September 29, 2015

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countdownnet··on We’ve Raised $60M in New Funding
On the surface Kickstarter and Patreon may look the same, but they are quite different. Maybe a Google Trends graph will help: https://trends.google.com/trends/explore?date=all&q=kickstar...

Patreon has a slow and steady growth rate, while Kickstarter grew quite rapidly gaining a lot of press from big campaigns brining in huge amounts of money all at once(where Kickstarter got a huge influx of cash each time a 30-day campaign completed). For Patreon, people are more hesitant to sign-up for a subscription type expense. After a popular creator starts a Patreon and gets that initial boost, the growth rate for them is quite linear.

A large Patreon campaign of $60K/month nets Patreon $3,000 while a large Kickstarter campaign of $3M nets Kickstarter $150,000.

countdownnet··on We’ve Raised $60M in New Funding
https://www.reddit.com/r/linux/comments/5omtvg/patreons_to_s...
countdownnet··on We’ve Raised $60M in New Funding
https://graphtreon.com/patreon-creators

Some creators have their earnings private.

countdownnet··on We’ve Raised $60M in New Funding
Website engineers, database engineers, iOS developer(s?), android developer(s?), website designers, customer support (both for creators and patrons), fraud team (this is huge because they deal with a lot of money and a lot of transactions, they need to be on the look out for money laundering, etc), accounting, administrative, and probably more that I am not thinking of right now.
countdownnet··on We’ve Raised $60M in New Funding
If you want to see how creators on Patreon are doing: https://graphtreon.com/top-patreon-creators
countdownnet··on We’ve Raised $60M in New Funding
For those wondering why Patreon went for more funding even though they should make about $7.5 million this year from the 5% fee they charge: They are growing faster than their current cash flow can handle and need to increase their staff beyond the 70+ they already employ. They are still a "young startup" where they can get this sort of funding where a standard growing business would get a loan.
countdownnet··on Ask HN: Patreon for open source?
I would't take too much stock in that category list, their category system does not work that well. I know they are working a category overhaul (source: I'm the guy behind Graphtreon)
countdownnet··on Ask HN: Patreon for open source?
Yeah, Vue.js is quite successful on Patreon: https://graphtreon.com/creator/evanyou
countdownnet··on Ask HN: Patreon for open source?
Side tangent: if you want to know how Patreon creators are doing: https://graphtreon.com/top-patreon-creators