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Substack has been very controversial in the past, making very questionable /shady decisions to growth the platform. Not that Twitter and other social networks d
by Mizoguchi 4y ago
Substack has been very controversial in the past, making very questionable /shady decisions to growth the platform. Not that Twitter and other social networks don't operate under the same grow-at-all-cost mindset, but thinking that Substack is in fair disadvantage here or that Elon's Twitter is just trying to kill a good upcoming platform is naive. Behind these companies are billionaires fighting for their new shiny toy, if anything it should be hilarious to watch them.
- bee_rider 4y agoSubstack seems to host some better writing, and at least appears to be trying to come up with a fundamentally healthier business model than “ads I guess.” Who involved in Substack is a billionaire? Their CEO seems to be a youngish guy, maybe a millionaire. Not company is perfect of course but Substack seems less bad for society than Twitter. I mean Twitter also started out as non-evil, so maybe Substack will get there eventually…
- Mizoguchi 4y agoNo doubt there's great content on Substack, but good content is not what makes Twitter so popular. Paul Graham and Marc Andreessen are two big names behind Substack. At $650M valuation burning through $25M per year, unable to raise more funds and without a strategy on how to ever generate revenue with a subscription model, the only reasonable way forward for Substack is ads and low quality content that can appeal to the masses. Just like Twitter.