These things seem to come and go in cycles. In a few years Substack will probably end up just like Medium as they try to "cross the chasm" - Typical VC-funded company incentives. There is already a lot of low-quality spam on the platform.
You don't need $50-100M in funding and (soon) hundreds of employees to run a simple newsletter site. This only forces the company to over-engineer and push intrusive monetization to make meaningful investor returns. Just like Medium, Quora, etc. These were great simple products, until the pressure to justify their valuation and return money to investors ruined them.
You don't need $50-100M in funding and (soon) hundreds of employees to run a simple newsletter site. This only forces the company to over-engineer and push intrusive monetization to make meaningful investor returns. Just like Medium, Quora, etc. These were great simple products, until the pressure to justify their valuation and return money to investors ruined them.