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> The right path is making sure we surface the good stuff Maybe the right path is to reduce costs and fire a good percentage of your employees and create a sus
by mudrockbestgirl 4y ago
> The right path is making sure we surface the good stuff
Maybe the right path is to reduce costs and fire a good percentage of your employees and create a sustainable business model where Medium can be profitable without paywalls AND liked by its users
instead of taking on more and more VC debt and try become the next Unicorn? But that may be impossible depending on the board. I think it's too late to reverse course with the current product. Without knowing anything about internal politics, I think it's nearly impossible to change the public perception that Medium if full of low quality spam behind an ugly paywall, and nobody wants to sign up or pay for that. My brain already skips all Medium content by default.
Like another comment mentioned, if you want to play the VC game, maybe it's a better idea to completely flip what you're dong and make a huge risky bet on something new in e.g. the decentralized space.
- tonystubblebine 4y agoI cut $1M/month in costs in the first month. Now we're working on quality.
- cercatrova 4y agoWhat is your opinion on the Substack model (both as a publisher and as the CEO of Medium)?
- whitepirate20 4y agoYou should get rid of the sign-in to read model. It’s avoidable with a browser extension or incognito, but also makes the medium experience horrible. Almost the main reason me and everyone else I know avoid the site entirely. Aside, nice work. Excited to hear what you can bring.
- themelodyfarm 4y agoYour username is “pirate”… why would a businessman care what you and yours want? You’re on different teams.
- whitepirate20 4y agoAnd your username is melodyfarm. Pretty good argument huh?