4 ms·

So how do you monetise the platform then? Donations? I feel like that rarely works

• wodenokoto 4y ago
  I feel like if they wanted to monetize through subscription they’d need an editorial team to keep the quality high. Early medium felt like you could trust the quality of an article based on the domain, the same way you used to trust that tomorrows issue of a newspaper or magazine would be high quality.
• sam0x17 4y ago
  Medium really doesn't need a large team. The whole product could have been produced and maintained even now by 4-5 devs. An operation like that could be donation based, for sure. Not every idea deserves to be or would even be useful as a billion dollar corporate monster. Many would be maximally useful as a small donation-based service, run by 2-5 devs. Were it not for VC funding and a crazy startup culture, ideas like this would never grow beyond a 5 person company, anyway. The decline in medium usage is just a market correction. It was never a profitable idea. Once it becomes profitable, people don't want it.