The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 15 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Jack Conte: 8chan launched on Patreon to crowdfund the site's initial development
“The thing that caused the debate was a website called eight Chan that launched on Patreon.
Guy Raz: Yeah.
Jack Conte: And they were using Patreon to fund the development of the site.”
Jack Conte: Two-thirds of Patreon payment volume goes to middle-class creators
“About two-thirds of our payments volume is not going to the, like, you know, super top-of-market creatorists, like the super rich and famous creators. It's going to what we call, I don't like the term, but, like, some people call it, like, the creative middle …”
Jack Conte: Everyone said Patreon was a bad idea when he started
“When I was starting Patreon, the number of people who told me that's a bad idea, it's not gonna work, was like, everyone. I don't think a single person said, that's a good idea, you should go do that.”
Jack Conte: YouTuber Bo Miles Is Selling Out 1,400-Seat Australian Theaters
“Bo Miles, who's an amazing filmmaker on YouTube is going all over Australia where he lives and renting theaters and selling out 1400 person theaters and screening his YouTube videos and doing Q&As with his fans.”
Conte: Pomplamoose made $22,000 in one month from 30,000 iTunes downloads
“We released a record, and, you know, at the end of the month, we logged into our bank account, and, like, we had sold 30,000 songs, and because we hadn't signed with a label, we owned all our own masters, and therefore we owned all the royalties, so we logged …”
Pomplamoose Earned Around $400K in 2010 Peak Direct Digital Sales
“We did about 400,000 dollars in a year off of mp-three sales, basically. And it was, I think that that year in particular, I think, was 2010.”
Natalie Dawn Raised $104,000 on Kickstarter for Solo Album
“And that, she ended up raising a 104,000 dollars.”
Conte: Patreon co-founders agreed to a 50-50 equity split
“Yeah, it's in this email. We agree to become fifty-fifty partners in Patreon.”
Conte: All 40 creators rejected Patreon's initial launch invitation
“We made an Excel spreadsheet with those folks, and I found their contact info, and reached out to all 40 of them, and all 40 of them said no.”
Jack Conte earned over $100K annualized within two months of Patreon's launch
“Within the first couple weeks, I passed 5000 dollars a month. And then soon after that, it was, yeah, it was even more. And at the time, I was making maybe two videos a month. So, you know, suddenly, like very suddenly, within two months, I went from draining …”
Conte: Patreon raised $2.1M seed round at $6M valuation
“That first round ended up being 2.1 million at a six million valuation, so it was, you know, about a third.”
Conte: Patreon's first content policy took two months and totaled 40 pages
“He built these
Jack Conte: Very massive content policy and trust and safety and enforcement systems, and he worked with us for a period of two months to draft the first version of what became Patreon's content policy, which was, turned out to be about 40 page…”
Conte: Patreon has over 200,000 creators getting paid on platform
“It's a little over 200,000, yeah, who are getting paid.”