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Skillshare is constantly pitched as the go-to place to learn new skills by YouTubers. But, the reality is that Skillshare isn’t all that it’s hyped up to be. In most cases, you’ll actually find way more content on YouTube, not to mention, YouTube videos are usually of the same quality if not better. Despite offering less value than YouTube, Skillshare charges quite a bit for the services that they do offer. You have to pay $32 per month or $168 per year to have a Skillshare membership, and looking at TrustPilot, it seems that a substantial number of customers have had issues with Skillshare’s customer support especially when it comes to refunds and cancellations. Something else to note is that Skillshare doesn’t pay its creators as much as you would think. While creators do usually get paid more than YouTube per view, Skillshare is actually the one who gets to keep 70% of the subscription fee that you pay. In the end, it appears that Skillshare has figured out how to tap into YouTubers’ most loyal audience to make the maximum amount of money for themselves. While this is a brilliant business model, it’s not all that worth it for the end consumer. This video explains the truth about Skillshare and how YouTubers sold out to Skillshare.

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Timestamps:
0:00 - The Dark Side Of Skillshare
2:27 - Worse Than YouTube
6:24 - Snakeoil Salesmen
9:46 - Content Creator Pay
11:40 - The Truth About Skillshare

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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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