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You asked what substack is trying to do, and I think I gave the only accurate answer. That said, your point is well-taken. I think one of my other comments alr
by throwawaygh 5y ago
You asked what substack is trying to do, and I think I gave the only accurate answer.
That said, your point is well-taken. I think one of my other comments already captures my thoughts on the point your making; let's move there to discuss: https://news.ycombinator.com/item?id=30093683 https://news.ycombinator.com/item?id=30093683
- suslik 5y agoWhile accurate, it isn't a full answer. Substack does provide profits for venture capitalists, but it does so by fulfilling a particular market demand - demand for a censorhsip-free (or censorship-lite) platform. It is a somewhat niche demand, obviously - but it is the only aspect that differentiates them from facebooks of the world.
- throwawaygh 5y agoNo, it is the full answer. The other stuff is their market position. That can change on a dime. (It also does nothing about to dual problem of stoking social division to generate more profit.)