3 ms·
Matt is a publisher on the Substack platform. We take a 10% cut of his subscription revenue. Because he is an established author, and we're really excited abou
by cjbest 8y ago
Matt is a publisher on the Substack platform. We take a 10% cut of his subscription revenue.
Because he is an established author, and we're really excited about this new format of serialized fiction, we have also been putting extra product development and publicity effort behind his publication. We think of this as Doing a Thing that Doesn't scale, as in http://paulgraham.com/ds.html http://paulgraham.com/ds.html
- tptacek 8y agoThanks for answering! Does Substack compensate him in any other way besides tailoring features to his work?
- cjbest 8y agoOn Substack, readers pay writers directly. The writers are independent. We take a cut of the subscription revenue, which is the same in this case as for others. We think this aligns our interest with the writers interest, the same way that the subscription model aligns the writer with the reader.