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> Founded in 2011, Medium has raised $132 million, and now it looks like there’s a plan to start making good on those investments. Oh, the snark. Yeah, you do
by jpeg_hero 10y ago
> Founded in 2011, Medium has raised $132 million, and now it looks like there’s a plan to start making good on those investments.
Oh, the snark. Yeah, you don't pay back $132m getting people to pay for bog standard blog posts.
- openmosix 10y agoI think Medium raised the $132M with the promise of "we will disrupt how news are produced and consumed". A monthly subscription of a digital magazine does not seem a so disruptive concept. The only disruption is to have people to write article for free while you charge for its reading.