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I wrote this piece about the different subscription models a few years back and think that it held up very well: https://hua.substack.com/p/subscriptions-as-pri
by huac 4y ago
I wrote this piece about the different subscription models a few years back and think that it held up very well: https://hua.substack.com/p/subscriptions-as-price-discrimination https://hua.substack.com/p/subscriptions-as-price-discrimina...
In particular re Medium:
> On the backend, the way [Medium's] partner program works is that users’ membership fees are allocated proportionally to the writer based on how many articles the user read. Fine. Also there is something about clapping. I guess if I really like a writer I could make sure to read a lot of their articles so they can get some of that membership fee. But, as a consumer, I: a. can’t subscribe directly to the writer, and b. can’t signal that I value their content at more than $5 per month. No amount of claps can make up for that!
Writers and readers both don't get the right amount of value from their framework.