a16z Podcast: How the Passion Economy Is Redefining Work | Andreessen Horowitz

The model of 100 true fans is about the fan benefit, rather than the creator benefit.

The differentiator for the passion economy is that you, as the consumer, are looking for a very individual service and the person who is rendering that service is very important.

On Patreon, the average initial pledge amount has increased 22 percent over the past two years. Since 2017, the share of new patrons paying more than $100 per month—or $1,200 per year—has grown 21 percent

Creator Economy- anyone who is creating community around original content.

Passion Economy- any potential path of monetization where people are leveraging their individuality.

The size of the Passion Economy can be assed in two ways 1) the number of influencers who have enough of a following to monetize their work 2) the size of the pockets of spend that could be fulfilled by individual creators

In Gig Economy the lever for growing ones business is tied to doing more labor, while in the Passion Economy it is about expanding your audience and improving the quality/ service of your product