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In January, the legal startup DoNotPay sent more than $1 million to employees and investors in its first-ever dividend. He got the idea from one of his own angels, Sahil Lavingia, whose startup Gumroad issued a dividend last year. The expectation is that when a company sells or goes public, employees will cash in their shares for untold riches. Last year, the digital commerce startup Gumroad paid a dividend of $1 million across employees, investors, and thousands of crowdfunding backers. Cash rewardsBrowder said he wanted to offer a dividend to reward those employees and investors who bet on the startup early.
Persons: Joshua Browder, Browder, DoNotPay, it's, Sahil Lavingia, Josh Seidenfeld, Cooley, Steve Huffman, Spencer Platt, Seidenfeld, Lavingia, Andreessen Horowitz, Greylock, Dylan Field, Scott Belsky, Daniel Dines, Balaji Srinivasan, Cash, there's Organizations: Business, Big Law, Employees, Founders Fund, Adobe Locations: San Francisco
She made an Instagram page under the stage name Liensue, and opened a Patreon account. Between January 2022 and September 2023, she made about $450,000 in net revenue on the platform after OnlyFans' 20% cut. She puts a lot of time and money into her content, and she thinks of herself as an artist, more than a content creator. In the past couple of years, she's been able to create about six DIY cosplay costumes per year, she said. On her OnlyFans, she combines her artsy content with a behind-the-scenes look at her everyday life, for fans to get to know her better.
Persons: Susann Alicia, Susann, she's, Shenhe, Alicia, Susann Susann Locations: Gumroad
Creator Rosie Nguyen started Fanhouse in 2020 with two other cofounders. Nguyen explains what she would do differently as a founder if she were building the startup today. Nguyen launched Fanhouse in 2020 as a subscription platform for creators to monetize, share exclusive behind-the-scenes content, and connect with top fans. The added investments helped Fanhouse in many ways, like hiring more staff and paying creators more money through the platform. She'd also tap into equity crowdfunding like creator startup Gumroad did.
Persons: Rosie Nguyen, Fanhouse, Nguyen, Lucy Guo, @jasminericegirl, Khoi Le, Jerry Meng, VCs, Jeff Morris Jr, Andreessen Horowitz, She'd, she'd, Le, Meng, shouldn't Organizations: Twitter, Investors, didn't Locations: American, Los Angeles, Fanhouse, VCs
She used AI to help create faceless YouTube videos, affiliate content, and digital products like ebooks. So I thought I'd share some of the ways that I'm currently using AI to make money in 2023. But combined, they add up to a substantial monthly income from both YouTube Adsense and affiliate products. Digital productsI've been creating simple digital products like ebooks, workbooks, audiobooks for over a decade now.Man, I'm getting old. Of course, you don't have to use ConvertKit.I've also sold digital products using Teachable, Etsy, Gumroad, and my own website(s).
Persons: Kristen Walters, I've, it's, Jasper, ConvertKit.I've, people's, snoop, It's Organizations: YouTube, Adsense, Jasper, Management, PAS, Amazon Associates, AIDA, Publishing, KDP Locations: Jasper, Park
A Week With the Wild Children of the A.I. Boom
  + stars: | 2023-05-31 | by ( Yiren Lu | ) www.nytimes.com   time to read: +4 min
Maybe in a few decades from now, we’ll look back at all these seminal A.I. As two analysts at N.E.A., an investment firm, put it in a recent report, generative A.I. But with large language models, incumbents like Google and Microsoft have had a huge head start in both developing the technology and acquiring market share among consumers. Moreover, the capital-intensive nature of training large language models means that smaller companies like OpenAI and Anthropic creating their own large language models have few alternatives beyond making Faustian “partnerships” with tech giants. Beyond the incumbents, one beneficiary might well be the indie hacker, the kind of coder for hire who does niche A.I.
Persons: Mark Cuban, ChatGPT, Diego Basch, , Sahil Lavingia, Organizations: Dallas Mavericks, Twitter, Google, Microsoft, N.E.A Locations: whiteboards, Hillsborough, HF0, S.A.S
This as-told-to essay is based on a transcribed conversation with Jakob Welle-Smogeli, a 21-year-old college junior whose PowerPoint videos went viral on TikTok. I started making TikToks about PowerPoint presentations from my bed. Six months later, I had 3.8 million TikTok followers on my faceless profile and have made over $150,000 from my brand. I started making cool PowerPoints from bed and recorded them for TikTok and Reels. Seeing my PowerPoint templates generate real income was amazingIt was mid-September 2022 when I officially launched my templates.
Last year, selling his two Notion templates generated $1 million in revenue. I started my main YouTube channel in 2014 and started transitioning out of college-advice content. In 2021, I launched my first paid-for Notion template, "Creator's Companion," on Gumroad, an e-commerce platform for selling digital products. I have never marketed either of my paid Notion templates on my main YouTube channel. I think the people who copy templates don't understand the guts of them.
For about two months in summer 2021, I regularly released new, free Notion templates and made them available to anyone who wanted them. My Notion templates performed well there, drawing tons of new customers to my website. There is a lot more competition in the Notion-template market nowOver the past year, the landscape for Notion templates has changed significantly. Alongside releasing new templates, I've pivoted to creating educational content for the Notion-using community. I was a recently graduated student when I began my journey with Notion templates.
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