Inside Patreon, the Economic Engine of Internet Culture

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Adi Robertson, writing at The Verge:

Patreon is still tiny compared to Kickstarter, where 13 million backers have funded 128,000 successful campaigns, but it’s rapidly growing. Half its patrons and creators joined in the past year, and it’s set to process $150 million in 2017, compared to $100 million total over the past three years. The company itself has raised $47 million in funding, most recently with a $30 million round in January 2016. Conte is still funding his solo music on Patreon, and so is Pomplamoose, which nets $5,000 a song from around 1,700 supporters.
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