TIL Patreon's estimated revenue in 2021 is $160m, and Substack's is $11.9m.

Anecdotal but I don't know anyone using Patreon yet know tons on Substack. Would have assumed less of a delta.

cma.xyz. Founder /paragraph, previously at Google and Coinbase

I think part of the problem are the products' user bases. 

Substack has a huge free writer base, and they think of it as just a platform to manage their free newsletter on. 

Patreon is used by people planning to charge their community and can be flexibly applied to any type of community. Much larger opportunity.

Making crypto consumer friendly // building /party // writing @ buildingcrypto.xyz 