An advantage of funding things via a collective like Nebula as opposed to each individual creator managing their own patrons is that new creators can start making bigger, more expensive projects quicker. Even established creators have this advantage, they can take bigger risks on bigger projects with the safety net of a share of the nebula pie.
I don’t think a project like The Prince would exist without Nebula, for example.
Thanks for the link, it was a very interesting read. While it is disappointing that it’s not actually a collective (assuming this blog post is accurate), having a platform run and owned by 6 creators is still better than YouTube’s governance structure, and still has the advantage in having both the capacity and desire to invest in creators.