added by sari and · updated 4y ago
1,000 True Fans? Try 100
- The economics of “1000 True Fans”, where a hard-core following of super-fans economically support a creator, dovetails with a recent piece on a “shared values community” business model suggested by Eric Feng. Feng recounts how not all content is subsidized by advertising. The basic idea is that a core base of a creator’s audience is willing to pay ... See more
from eSports, Communities & Storytelling by Edward Rooster
sari added
- The recent history of the Internet, however, warns that we shouldn’t necessarily expect the endearingly homegrown nature of these 1,000 True Fans communities to persist. When viable new economic niches emerge online, venture-backed businesses, looking to extract their cut, are typically not far behind. Services such as Patreon and Kickstarter are j... See more
from The Rise of the Internet’s Creative Middle Class by Cal Newport
sari added
Adithya Narayanan and added
sari and added
- The real breakthroughs that enabled the revival of the 1,000 True Fans model are better understood as cultural. The rise in both online news paywalls and subscription video-streaming services trained users to be more comfortable paying à la carte for content. When you already shell out regular subscription fees for newyorker.com, Netflix, Peacock, ... See more
from The Rise of the Internet’s Creative Middle Class by Cal Newport
Severin Matusek added
- 1000 True Fans >>> 1 True Fan (The Story Of The $25k NFT) Here’s another change in the scaling factor. There are new types of products that creators can offer that allow you to scale yourself in completely new ways, and allow you to price discriminate among your audience as well so that you don’t need to just scale your reach and reach mor... See more
from Li Jin on The Passion Economy & Its Hidden Currency by NFX
Sixian added
- Kevin’s ‘1,000 True Fans’ theory: In a world where you have direct audience contact, you only need 1,000 people paying you $100/year to make an honest living
from a16z Podcast: The Truth about 1000 True Fans + Pricing Our Attention | Andreessen Horowitz by Kevin Kelly
sari added
- The model of 100 true fans is about the fan benefit, rather than the creator benefit.
from a16z Podcast: How the Passion Economy Is Redefining Work | Andreessen Horowitz by Sam Yam
sari added