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The Second Renaissance is Right here
Skilled creativity has lastly gone mainstream. And we knew this present day would come. By no means earlier than in human historical past have individuals been so linked, and the obstacles to creating superb content material so low. There are over 4 billion individuals on-line, and greater than a billion of them have telephones that may produce film studio high quality content material proper of their pocket. That mixture of connectivity and creation instruments has fueled a artistic rebirth the world hasn’t seen since da Vinci and Michelangelo picked up their paintbrushes and blew everybody’s minds proper out of the 16th century.
The artistic economic system is booming. It looks as if each week, a brand new platform emerges to get creators paid, between the NFTs, Tremendous Follows, digital chats, tipping, livestreams, and extra. Creators are experiencing extra success than ever earlier than, and changing into family names. It’s no marvel that 75% of kids 6 to 17 selected video creator as their most desired profession*. Now it’s simply as regular to say you need to be a creator whenever you develop up as a lawyer or a health care provider.
Our mission has all the time been to allow creators to do what they love and receives a commission by the individuals who love them. At present, there are over 200,000 creators sharing their work on Patreon, incomes over $100M per 30 days from greater than 7 million patrons internationally. We’re extremely humbled by the chance to assist so many creators pursue their goals and construct passionate communities round them. And we’re simply getting began.
To kick our mission into excessive gear, we’ve raised a Sequence F funding spherical of $155M at a $4B valuation. That’s *over 3 times greater* than the place we have been simply six months in the past. That is proof of the unbelievable energy and potential of creators, and of constructing this new economic system.
What does this imply? Within the easiest phrases, it implies that we now have the chance to broaden our skill to energy a creator’s evolution and development. With these further assets, we’re going to proceed specializing in three key areas: enhancing the patron and creator experiences on each cellular and desktop; including new content material consumption instruments; and going world. Patreon is – and can proceed to be – a spot the place creators can construct their very own worlds, on their very own phrases. And now, these worlds could be as massive as a creator can dream.
Patreon is doing greater than getting creators paid; the work we’re doing is driving the Second Renaissance that we’ll be experiencing for many years to come back, enabling extra creators to construct companies doing what they love. As creators ourselves, we perceive what these creators want to really thrive.
A brand new period of creativity is right here, one which we’ve championed for years, and we will’t wait to construct extra of what the longer term holds for all of us.
* 1,000 people surveyed by First Alternative Journey, Might 2017