Combined with the fee increase to 10%, this seems like an effort to boost profitability for an IPO.

Unfortunate that the plan is to go public. Ideally the people who run it would be valued as stewards and curators instead of interchangeable cogs.

I hope to see one of these DIY platforms eventually become a cooperative.

Capitalism ain’t ever gonna be your friend. Not gonna be a friend to artists who outlive their usefulness, either.

Not patreon style but etsy style, I have hope for Mayhem Marketplace. There’s also a POC run marketplace that’s supposed to be co-op but I haven’t seen anything on it recently and can’t remember the name.

Well that shit I read he was already a billionaire does he really need more money? Fuck this bullshit.

I will start asking creators I support to switch to Ko-fi.

Or ghost.org

I wish they’d just switch to Zelle…

Zelle (/zɛl/) is an American digital payments network run by a private financial services company owned by Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank, and Wells Fargo.

en.wikipedia.org/wiki/Zelle

I don’t know how much of an improvement that would really be in the long-term

Why’s that?

I don’t know big American banks to be very consumer friendly, and

There is currently no fee or charge on the transaction to users.[1] Instead, participating banking institutions are charged a fee per transaction.[4]

This part tells me that your individual bank probably isn’t a huge fan of it, and there’s no guarantee that it won’t change in the future. And finally,

The Zelle service has received negative publicity due to fraud incidents where bank customers’ accounts were compromised through social engineering tactics. In these cases, fraudsters set up Zelle accounts in the victims’ names and used them to transfer funds out of the victims’ accounts, often leaving the victims with limited practical or legal options for recovery.

If there is a problem with the service, I’m not sure how helpful Zelle would be in fixing it.

I don’t know big American banks to be very consumer friendly

They’re not supposed to be. The thing is, in this case, the consumers’ interest is aligned with the banks, and against companies like PayPal/Venmo, Cash App, Patreon, credit card companies, and a hundred other payment processors who are all trying to take a relatively large portion of the transaction simply because they can.

This part tells me that your individual bank probably isn’t a huge fan of it

It was created by the banks, so yes, they definitely are.

The Zelle service has received negative publicity

Zelle functions like cash, ACH, or wire transfer. Similarly, it has no protections like cash. There is no intermediary, which means no one to collect fees, but also no one to protect you in the case that you mistakenly give your money to the wrong person. It’s up to you to ensure that you’re sending your money to the right place.

@artyom as someone who is trying hard to build a better way to support people. The payment processor math (Stripe) is absolutely brutal. I wanted a much lower overhead than I ended up with, but most of what I do have, I never see!

It’s important to me to not try and mask this stuff as an extra charge or fee and keep things transparent as possible. I wish there was a better way.

Sorry, I don’t understand what you’re trying to say. Stripe “math” is brutal? What does that mean?

Zelle has no overhead and no extra charges or fees, its completely free. That’s why I recommend it.

@artyom Stripe, the payment processor that most of these platforms (including https://slowcl.app) use charges both percent and flat fee on every transaction, and depending on how you set up your payout model, more on payouts. Zelle can’t be used to replace it unfortunately.

Yes, I understand Stripe bad. Why can’t Zelle replace it?

@artyom Zelle can’t be used for commercial platforms, has no ability to split income, and has no API. It’s really only good for direct bank to bank transfers.

Why do you need a “commercial platform”? I feel like it’s important to consider the context here (Patreon) where you’re transferring money to creators who have already provided a service. This doesn’t require an API. Bank to bank transfers is all that’s required. You can split income after the funds are received.

@artyom Are you saying that creators should drop patronage platforms entirely and just request direct transfers from Zelle?

Because any patronage platform is commercial and wouldn’t be able to use Zelle. Zelle also can’t support recurring billing so subscriptions wouldn’t work.

If you’re saying creators should drop patronage platforms entirely, there’s an argument for that, but I think it would introduce a lot of other issues at any decent scale.

Are you saying that creators should drop patronage platforms entirely and just request direct transfers from Zelle?

Correct

Zelle also can’t support recurring billing so subscriptions wouldn’t work.

It actually can.

I think it would introduce a lot of other issues at any decent scale.

I don’t see any “other issues” that could possibly be bigger than the existing ones.

Set the clock for when they boot adult content.

Maybe they should start a Patron to raise funds…

I know how important it is for folks to be able to say goodbye, so we’ve created a #gratitude-and-farewell Slack channel as a place for all of us to connect, if you feel comfortable.

Getting your ass kicked out the door, but you’re supposed to feel grateful ffs

Pretty sure this is for people to thank their departing friends and teammates. Not the other way around.

Let me say, as a person who worked at a company that used to silently disappear people, it sucked finding out in Thursday that so-and-so has been gone for a week and a half and wasn’t coming back.

So I, at least, appreciate the idea that they get to communicate at all.

News still sucks, but I wanted to throw that in

it sucked finding out in Thursday that so-and-so has been gone for a week and a half and wasn’t coming back.

Only thing worse than that is finding out day of because you’re the one that has to terminate all their accounts. Did that to two of my coworkers in the span of about 18 months…

so many youtube creators depend on patreon, wonder where they go next.

Yeah I’m sure they’ll leave in mass 🙄

…en masse

Crossont

Kwa soen

No, they’ll leave during church service!

Do all Christians call it mass, or is that just a Catholic thing…? 🤔

Protestants don’t call it mass.

Sorry you got downvoted. You have a valid point.

Patron fires mostly middle manager, gives a great 16 week severance plus a year of healthcare and extras, says AI isn’t replacing employees, and y’all still screeching 🤣

Nothing will ever make you happy 🤣

People losing their jobs should never make anyone happy.

But it does have to happen at times 🤷‍♂️

This is either b8 or you’re just not a very nice person.

👌👍

Why does it have to happen?

Middle managers losing their jobs will always make me happy

Not if they’re middle management, there’s not anyone who does actually does anything useful there.

What are you on about? It’s literally enshittification. We’ve seen this 1000 times before, from 1000 different services and companies. That’s why people recognize the beginning…

I support a podcast on Patreon but the special content has never worked properly for subscribers.

“First, the people who work at Patreon are special, beautiful humans, through and through.”

Second… Fuck those worthless humans, we want endless growth until we die sad and still unfulfilled.

Pamplemoose guy, you suck.

Maybe he should have stuck to music

But taking a 30% of all donations is way more lucrative than being in a band no one likes.

Agree except i loved pomplamoose! Their music videos were groundbreaking at least for me.

I like Scary Pockets a lot too.

I’ve read through just out of curiosity. The severance package is:

• 16 weeks of pay
• 1 week of pay for every year worked at the company
• healthcare insurance until the end of the year
• 1500$ to buy a laptop

Is this common in the US? This really feels like nothing. I do not know whether there are other remunerations funded by the government, but 4 months of pay after being laid off really is not very much.

Is this company paying out a very small sum to their employees or is it common to give very little money to fired people?

Buddy, this is above average in the US. Usually you just get a kick in the ass on your way out.

Absurd. That is a terrible custom.

They’re joking, but most of the US are “Right to Work” states. Meaning, on paper, you have the ‘right’ to quit your job without reprisal, but in practice the company can fire you without compensation. They owe for anything you’ve already done, but that’s about it.

I was thinking their package was pretty generous but you’re right it’s very basic for other places.

Were I come from 4 months is the bare minimum. To be fair, you do not get your full salary but a reduced amount; however depending on the conditions that can extend up to 2 years.

Difference here is that it is not the company itself paying you that money but it is rather a government system which is payed directly by the workers.

It’s a system which is not advantageous if you never lose your job, since you have to pay for it regardless; but comes very handy if you ever end up needing it.

The company also has to pay you 20-33 days of salary for every year you’ve been working there.

That is a lot more than a lot of people get. Especially the healthcare and laptop thing. Healthcare usually ends immediately and you don’t get any gifts on the way out.

Clarification, healthcare usually lasts till the end of the month, because that’s what already been paid for.

Ha, honestly as someone living in the US that sounds like a lot more than I’ve ever got.