ONN – Patreon Has Patreon Capital So YouTube Should Have YouTube Capital For YT Partners.
The idea is based on a headline I saw on TechMeme.com and goes like this: “Patreon has launched Patreon Capital, which provides creators with cash advances they pay back with slight interest using income earned on the platform.”
Basically, the Patreon user can get cash advances that are then paid back with future revenues that person or group makes on the site. As a YouTube Partner, why can’t I do that via Google AdSense? It seems like a rather basic system to set up for YouTube Partners: we apply for an advance, get approved based on revenue stream, then the payment due, with interest, is drawn from future revenue streams. If we pay back what we borrow earlier than the due date, the interest rate the next time around is less!
That would be a fantastic new element to help YouTube Partners grow their efforts. If you’re a YouTube Partner, tell Susan Wojecki, YouTube CEO, about this idea. Let’s make it happen!
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