Patreon's valuation dropped 70% in the past year and its pricey …

Jul 10, 2024 · A 70% drop would mean that it is valued at less than $1.5 billion today. Insider also reported in September on how Patreon's million-dollar deals to onboard top TikTokers Larray …

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Patreon's Valuation Dropped 70% In The Past Year And Its Pricey …

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Jul 10, 2024 · A 70% drop would mean that it is valued at less than $1.5 billion today. Insider also reported in September on how Patreon's million-dollar deals to onboard top TikTokers Larray …

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Patreon's Valuation Dropped 70% In The Last Year And Pricey …

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Oct 25, 2022 · Patreon co-founder and CEO Jack ConteIsmael Quintanilla Patreon SVP Carlos Cabrera told staff in a September memo that the company's valuation had fallen 70%. Patreon …

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Patreon's Valuation Dropped 70%, Creator Bargains Fell Flat Prior …

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Oct 26, 2022 · Patreon SVP Carlos Cabrera instructed employees in a September memo that the company's valuation had fallen 70%. Patreon was past Patreon's Valuation Dropped 70%, …

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Patreon's Valuation Plunged 70% As It Postponed IPO Plans: …

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Oct 12, 2022 · But Patreon's latest 409A valuation, dated June 30, valued shares at $12.10 — 70% less than the $39.45 share value calculated in August 2021, according to the chart.

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Owler Reports - Patreon: Patreon's Valuation Dropped 70% In The …

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A 70% drop would mean that it is valued at less than $1.5 billion today. Insider also reported in September on how Patreon's million-dollar deals to onboard top TikTokers Larray and Lil …

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24 Patreon Statistics For 2024: Revenue, Earnings, And Creator Data

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Aug 13, 2024 · 21. In 2022, Patreon’s valuation dropped by 70%. In a 2022 staff memo, Patreon's SVP Carlos Cabrera revealed that the company's valuation dropped by 70% from its April …

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Patreon’s Valuation Dropped 70% — The Information

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Oct 11, 2022 · Patreon’s internal valuation fell 70% over the past year, according to a memo sent to staff in September, Insider reported. The 409A valuation, calculated by a third party firm to …

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Patreon’s Valuation Dropped 70% Over The Last Year, Internal …

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Patreon executive Carlos Cabrera told staff in September that the firm's valuation had dropped around 70% over the past year, Business Insider reported citing internal documents. This …

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Why Streamers Are Excited About Patreon’s Big Changes - Gaming …

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Oct 11, 2023 · Patreon, the creator memberships platform, is undergoing a significant rebrand. ... However, the rebranding comes after Patreon’s valuation dropped 70% from its high last fall. …

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Patreon: Subscriber And Creator Statistics For 2024 - Backlinko

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Nov 13, 2024 · Patreon’s valuation reportedly stands at $1.5 billion (that’s 70% drop from last public valuation of $4 billion in 2021). As of the Series F funding round in April 2021, Patreon’s …

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Business Insider Tech On Twitter: "Patreon's Valuation Dropped …

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Patreon's valuation dropped 70% in the last year and pricey creator deals fell spectacularly flat, internal documents show. 25 Oct 2022 14:01:51

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What’s Behind Patreon’s $4B Valuation? - Forbes

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Apr 9, 2021 · Patreon has grown on both the creator and subscriber side, and sees further potential by taking its business model global. In the past year, the company has added support …

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Patreon’s Valuation Triples To $4 Billion As Platform Draws Creators ...

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Apr 7, 2021 · Deals Patreon’s Valuation Triples to $4 Billion as Platform Draws Creators, Fans Online company raises $155 million in latest round, led by new investor Tiger Global …

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20 Latest Patreon Statistics And Trends For 2024/2024

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Sep 1, 2024 · As of January 2023, the top Patreon creator is the True Crime Obsessed podcast, earning over $140,000 per month from more than 50,000 paying patrons. The rest of the top …

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FAQs about Patreon's valuation dropped 70% in the past year and its pricey … Coupon?

How much is Patreon worth?

Patreon SVP Carlos Cabrera told staff in a September memo that the company's valuation had fallen 70%. Patreon was last publicly valued at $4 billion in April 2021. The company also inked million-dollar deals with top TikTokers like Larray and Lil Huddy that produced meager results. ...

Why did Patreon's valuation drop 70%?

Patreon's valuation plummeted 70% as it indefinitely postponed its IPO, leaked memo reveals. Here are the company's 2 priorities looking forward. Patreon is one of many creator economy companies that have experienced layoffs and other challenges this year. ...

Is Patreon in bad debt?

According to another document, Patreon forecasted earlier this year $6.7 million in recoupable bad debt — or owed sums that are unlikely to be paid – for creator deals signed in 2021. "They saw these deals as experiments to play around with and test certain strategies," the first former employee said. ...

What happened to Patreon?

Patreon last raised $155 million in a Series F round in April 2021, valuing it at $4 billion. The business got a jolt during the pandemic as new creators flooded the platform, boosting total membership volume — a metric that measures revenues from paying subscribers — which had reached $120 million per month as of March, according to another slide. ...

Does Patreon want to be a company in 2024?

Since it was founded in 2013, a lot has happened, and the company has grown to become one of the biggest platforms. Yet, according to Patreon’s CPO, Patreon doesn’t want to be a company that’s defined by the first eight years and not the next eight years too. So, what does the picture look like for Patreon in 2024 and beyond? ...

What does Patreon do with $155 million?

Conte said Patreon will use the $155 million capital infusion to support the creator community by developing new experiences and modes of engagement, as well as fueling continued international expansion. The company also plans to expand its workforce. ...