One of the trending domains these days is the creator business. You will see many creators coming up, and some of the content is good. This has given birth to many creator monetization startups as well. These start-ups are helping creators in the monetization of their content. One such company is Patreon, which was founded in the year 2013. In 2020, Patreon almost tripled its evaluation to $4 billion.
What is Patreon Memberfulsilberlingtechcrunch ?
In an interview with Amanda Silberling, the Chief Product Officer of Patreon shared more details about their plans. He mentioned that Patreon is hiring aggressively, and these expansions are in engineering & product teams. It should be noted that Julian Gutman, Chief Product Officer joined Patreon in January 2022. He was earlier working with Instagram. The expansion program continued, and Patreon recently hired Utkarsh Srivastava, Senior VP of Engineering. In the past, Utkarsh has led teams at Twitter and Google.
The working model of Patreon enables monthly creator payouts, which are also sustainable. This differs from the upcoming monetization platforms, which mainly pay surprise bonuses. At present, Patreon has over 400 employees, and Julian Gutman is forecasting a total employee strength of 1000.
Patreon is very aggressive with its growth plans, and they want to define the future of creator monetization. They are also releasing more and more tools for the creators, which can help them create unique content. Recently, the company also demoed some of the upcoming projects. One of the major highlights from the demo was the native video platform that will soon be launched. The platform had a lot of formatting options and greater analytical capabilities. So Patreon Memberfulsilberlingtechcrunch means Patreon is Expecting 100% Growth in a Year .
Another exciting plan from Patreon was in the crypto domain. The company is exploring money in which the creators can make money using crypto and blockchain. It is unclear if something in this domain will be rolled out. At the moment, Patreon is not taking questions regarding crypto.
One thing for sure is that Patreon is going to be the future of creator monetization, and they are going to make a huge difference for the creators. Patreon is undoubtedly going to define the future of the creator economy.