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No 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 Subs
by Mizoguchi 4y ago
No 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.