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The Bank of Nerdfighteria's Semiannual Report

2015-12-08 · announcement · John · 3:21 · watch on YouTube

Topic: Global development (also: Projects) · mode: Announcements · tags: calendar ritual, fundraising ask, civic or action cta, self promotion, recurring series, community lore

John gives the Bank of Nerdfighteria's semiannual report on its three arms: Kiva lending totals, Patreon funding that now sustains Crash Course and SciShow, and the 2015 Project for Awesome with its Indiegogo, matching and voting.

What is said

The parts of the video and what is said in each (★ — how much it matters to the video).

00:00:00 — Greeting in a tie: the Bank of Nerdfighteria's semiannual report and its three branches (lending, spending, giving)

  • ★★ John presents the Bank of Nerdfighteria's semiannual report, comparing the bank to the US federal government for having three branches: lending, spending and giving. (playful) — 00:00:01 · Bank of Nerdfighteria

00:00:16 — Lending branch: the Nerdfighter Kiva group, 49,000 members, $6.3 million loaned, $25 loans, 99% repayment

  • ★★★ John says more than 49,000 members of the Nerdfighter Kiva group have loaned more than $6.3 million to developing-world entrepreneurs, the second largest group of all time on Kiva. — 00:00:18 · Bank of Nerdfighteria
  • ★★ John says Kiva loans can be as small as $25 to an entrepreneur of your choice, with a 99% chance of repayment, playfully likening it to a savings account at -1% interest. (playful) — 00:00:25

00:00:39 — Spending arm: Crash Course and SciShow funded by voluntary Patreon subscriptions, now sustainable; perks

  • ★★★ John says Crash Course and SciShow are primarily supported not by advertising but by voluntary Patreon subscriptions from those who can afford it, so others watch free. — 00:00:41 · Crash Course, SciShow, online advertising
  • ★★★ John tells Hank that although many said Patreon funding would never work, it is working great: Crash Course and SciShow are now fully sustainable thanks to Patreon. — 00:00:55 · Crash Course, SciShow
  • ★★ John says the brothers hope to expand both Crash Course and SciShow in 2016, and thanks supporters. (hedged) — 00:01:00 · Crash Course, SciShow
  • ★ John points to cool perks for supporting the shows on Patreon, with a link in the description. — 00:01:07

00:01:11 — Giving arm: the ninth Project for Awesome, Indiegogo launch tonight, Foundation to Decrease World Suck, matched first half for Save the Children and UNHCR, voting, making videos, 48-hour livestream

00:02:42 — The Foundation already has $80,000, mostly from Nerdcrafteria and Vlogbrothers ad revenue

00:03:01 — Sign-off: questions in comments; John's P4A video on Friday and Hank's videos next Tuesday and Friday

  • ★★ John tells Hank he will also appear on Friday, since it is his year to make a P4A video; to even things out he will see Hank next Tuesday (15 December 2015) and next Friday (11 December 2015). — 00:03:10 · Project for Awesome, Hank Green

Threads in this video

Where the stories that moved here went next

Mentioned

Central: Bank of Nerdfighteria · Foundation to Decrease World Suck · Project for Awesome

Also: People: Alice Green · Henry Green

Projects: Crash Course · SciShow

Organizations: Federal government of the United States · Indiegogo · Kiva · Patreon · Save the Children · UNHCR

Terms: doobly-doo · Sharpie Face

Concepts: crowdfunding · microfinance · online advertising

Only in the description or credits: Nerdcrafteria

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