cool feature but putting the burden of funding on individuals vs companies is supporting what I call the "open source gig economy" - doesn't work well for Patreon and others - we need better ways to sustain individuals who choose not start their own company around open source projects or work full time at a company supporting open source
In the Clojure community we have Clojurists Together [0] which is just a program that allows both companies and individual (at different prices) to contribute funding the development of Open Source projects. I think that model works quite well.
"Take Patreon as an example, a popular funding platform for all sorts of things including open source projects that has been around since 2013 and has paid out $1 billion to creators since then. While that’s an astonishing figure, Patreon isn’t a sustainable business with its current private company model and level of VC funding of $105M:
“Under the company’s current business model, 90 percent of funds are paid directly to content creators. Patreon takes 5 percent, and the remaining 5 percent covers transaction fees.” Patreon CEO Jack Conte said in an interview with CNBC, that the platform will soon be facing the challenge of maintaining a profitable model as the company continues its growth.
In 2019, the company is also on track to pay out $500 million to content creators, 5% of that is $25 million and Patreon has ~300 employees, so probably not even covering their labor costs."
> Patreon CEO Jack Conte said in an interview with CNBC, that the platform will soon be facing the challenge of maintaining a profitable model as the company continues its growth.
"growth" -- for a company that is nothing more than an intermediary with a well-established platform. What do they need to grow for? If anything, it's time for some cuts actually.
Sounds like that's plenty to cover wages of £60k ($80k USD) gross, which is double the median graduate salary in the UK. I guess compared to what people earn in SV it's pocket change?
https://www.aniszczyk.org/2019/03/25/troubles-with-the-open-...