“The number of people who support artists through paid subscriptions on Patreon has increased from ~6 million in Jan 2020 to 8.7 million this month.”
“Overall, artists on Patreon have generated more than $2b in revenue.”
Business Idea: User supported donations is a viable business model for the right ideas. Your work might benefit from patrons, rather than customers. It’s an increasingly popular business model to look into.
Bonus: You should watch the video of Patreon CEO, Jack Conte, where he shares all his failures. He has a billion-dollar unicorn business now, but he paid his dues to get there.
