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Re:Patreon Raises $90M Series E at $1.2B Valuation by Ekaros on Wednesday September 02, 2020 @12:59AM (#24350109)
They already are cancerous. From banning people for things happening outside their platform or even not linked from their platform. To trying to prevent people acting according to TOS they themselves forced with legal action. I don't see it to be very stable platform to operate on.

And on other hand I can't see how their model can justify the value. They are only there to to take a small cut from donations. Will this really be so big business? Pretty big changes are needed to something else.

Re:Patreon Raises $90M Series E at $1.2B Valuation by ashtonkem on Wednesday September 02, 2020 @01:31AM (#24350244)
Patreon strikes me as a fantastic lifestyle business, a small company that earns modest profits for the owners, not a viable unicorn.
Re:Patreon Raises $90M Series E at $1.2B Valuation by airstrike on Wednesday September 02, 2020 @12:18PM (#24354687)
More like Twitch, less like Facebook
Re:Patreon Raises $90M Series E at $1.2B Valuation by ironmagma on Wednesday September 02, 2020 @02:25AM (#24350560)
Curious, does anyone know of a good (similar) alternative to move to that isn't as profit-crazed?
Re:Patreon Raises $90M Series E at $1.2B Valuation by fabianhjr on Wednesday September 02, 2020 @11:38AM (#24354258)
Liberapay but they don't support rewards / exclusives for patronages.

OpenCollective is more organization focused and have plenty of accounting help.

Re:Patreon Raises $90M Series E at $1.2B Valuation by kikokikokiko on Wednesday September 02, 2020 @10:10AM (#24353408)
Subscribestar does not censor creators and is pretty much the same service.
Re:Patreon Raises $90M Series E at $1.2B Valuation by z3t4 on Wednesday September 02, 2020 @01:56AM (#24350395)
Taking a cut from donations is a unetical business model imho.
Re:Patreon Raises $90M Series E at $1.2B Valuation by chipotle_coyote on Wednesday September 02, 2020 @02:38AM (#24350621)
"Donation" is not the word the OP should have used, because it implies Patreon is some kind of charity middleman. They are not. Patrons are not donating money to creators, they are paying them to create; creators are not receiving donations, they are receiving income. Patreon is charging a service fee to them, and they know this up front. It is no more or less ethical than any other similar business proposition like setting up an online store with Shopify or selling an ebook on Amazon.
Re:Patreon Raises $90M Series E at $1.2B Valuation by masklinn on Wednesday September 02, 2020 @03:02AM (#24350741)
> they are paying them to create

That’s really not true. Subsidising creation maybe, but for most patreon that I’ve seen most of the value produced by the creator is public.

There might be some exotic sideshows (eg access to a discord server, time-limited exclusivity is also common) but I’d see it more as funding creation than paying to create, the latter implies much more direct transaction and benefits / exchange e.g. commissioned work, that is “paying to create”.

Re:Patreon Raises $90M Series E at $1.2B Valuation by emptyfile on Wednesday September 02, 2020 @04:09AM (#24351081)
>because it implies Patreon is some kind of charity middleman

They're not? I honestly thought they were a utility like PayPal.

Bizarre that people think they can make big money off it.

Re:Patreon Raises $90M Series E at $1.2B Valuation by LunaSea on Wednesday September 02, 2020 @06:01AM (#24351651)
Paypal also takes a cut.
Re:Patreon Raises $90M Series E at $1.2B Valuation by z3t4 on Wednesday September 02, 2020 @11:30AM (#24354182)
Paypal is a bank. I think its in the gray zone what Patreon is. Investors are probably buying goodwill.
Re:Patreon Raises $90M Series E at $1.2B Valuation by Shivetya on Wednesday September 02, 2020 @05:54AM (#24351614)
they are not taking a cut. if anything they are providing a payment structure to relieve the work of credit card handling including fraud work. Very similar to how twitch began selling bits to viewers who could then use them to tip streamers.