On Monetizing Community with Patreon Cofounder Sam Yam
The a16z Show
a16z
4.2 • 1.2K Ratings
🗓️ 8 April 2021
⏱️ 26 minutes
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| 0:00.0 | Hi and welcome to the A60Z podcast, I'm Lauren Murrow. |
| 0:03.4 | It's clear from the growth of Patreon, substack, Tik-Tock, Clubhouse, and many more |
| 0:08.7 | that the power of the Creator economy continues to build. |
| 0:11.5 | These platforms share one thing in common. They all enable |
| 0:14.8 | independent creators to monetize their skills and products like never before. It's a trend that's |
| 0:19.8 | become increasingly |
| 0:23.7 | relevant as the demand for virtual work grows. So this week we thought we'd share a |
| 0:24.8 | rerun of an episode that first ran a year ago featuring Patreon |
| 0:28.0 | co-founder and CTO Sam Yam and Lee Jin, |
| 0:30.9 | formerly of A16Z now the managing partner of Attiliay Ventures. |
| 0:35.0 | The conversation is based on a popular post on A16Z.com that first ran in October 2019 |
| 0:41.0 | called The Passion Economy and the Future of work, which has turned out to be |
| 0:44.7 | particularly prescient. Check out that post and more at a 16c.com slash |
| 0:49.2 | creator economy. As a reminder none of the following following should take in as investment advice. |
| 0:53.7 | See a six and C.com slash disclosures for more information. |
| 0:57.2 | So first off, how would you define the passion economy? |
| 1:01.4 | When I talk about the passion economy, I really mean any potential path of monetization where people are leveraging |
| 1:08.8 | their individuality. |
| 1:11.3 | So it's beyond just podcasters and |
| 1:13.7 | youtubers and visual content creators and it encompasses things like |
| 1:18.8 | video course creators or virtual teachers or tutors or virtual coaches for professional coaching. |
| 1:27.0 | So some of the really interesting platforms allow creators to create their own online courses and these online courses encompass |
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