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More an idea that may benefit startups and creators rather than an actual Startup, Membership provider Patreon have announced Patreon Capital, where they will fund larger scale creative exercises via direct loans.
Patreon already has +50,000 creators and more than 1M Patrons, suggest they have more than enough data on both the artist/creator and the subscriber/consumer to be in a great position to determine both risk and opportunity.
So, if there’s that movie you’ve always wanted to make, investigation to delve into, book to write or back catalogue of songs to record, Patreon Capital might be worth a look.
IdeaSpies
Tim Lovitt
Jonathan Chrimes