Patreon's Jack Conte: “People used to pay for things”
The Sunday Times’ tech correspondent brings on Jack Conte, founder of Patreon, to talk about busking as a business model (2:10), the web’s weird love triangle (4:40), sending $500m to creators this year (5:05), how platforms work (9:00), what kind of stuff is successful on Patreon (11:30), like gaming (14:40), people looking for their tribe online (16:35), getting money from the Kushner family (18:10), how he started (19:45), launching a company (23:10), needing to raise more venture capital (25:10), how he polices the platform (26:55), the problem with the word “influencer” (29:10), how micropayments could change the way the internet works (32:35), why he doesn’t call them “fan clubs” (34:10), the changing nature of the web (37:40), the predictability of donations (39:30), and the rise of the creators (41:25).
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