2 ms·
They are making plenty of money. Problem is being VC backed, they need to justify the massive valuations of the past. That's why I feel a really simple business
by ilrwbwrkhv 4y ago
They are making plenty of money. Problem is being VC backed, they need to justify the massive valuations of the past. That's why I feel a really simple business like Substack would be much better being bootstrapped and growing organically.
- teg4n_ 4y agoI think the only reason they gained traction is by throwing money and benefits at big names to move to it. I doubt they could have afforded it without VC funding