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Posted on: Sept. 19, 2017, 12:46 p.m.
An art industry startup is doing what many media companies believe is impossible: Attracting consumers who want to pay for content. Patreon, which lets artists charge fees for their work, today announced that it has raised $60 million in a new funding round led by Thrive Capital. How it works: Borrowing from the idea of patronage, Patreon's creators can collect membership fees from their fans (or patrons) in exchange for access to exclusive art or content. This year, the company ... Full investment news articleRelevent to this post: Charles River Ventures Draper Fisher Jurvetson,