Wednesday, February 27, 2019

Facebook policy doc shows it wants up to a 30% cut of Fan Subscriptions, vs Patreon's 5%, and to reserve right to offer free trials with no creator compensation (Josh Constine/TechCrunch)

Josh Constine / TechCrunch:
Facebook policy doc shows it wants up to a 30% cut of Fan Subscriptions, vs Patreon's 5%, and to reserve right to offer free trials with no creator compensation  —  Facebook will drive a hard bargain with influencers and artists judging by the terms of service for the social network's Patreon …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...