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> This notes thing looks like an attempt to pivot to an advertising based business model It's not. Substack is very clear about that. https://on.substack.com/p
by lapcat 4y ago
> This notes thing looks like an attempt to pivot to an advertising based business model
It's not. Substack is very clear about that. https://on.substack.com/p/notes-faq https://on.substack.com/p/notes-faq
"The ultimate goal on Substack is to convert casual readers into paying subscribers. Because the Substack network runs on paid subscriptions, writers are rewarded for respecting the trust and attention of their audiences, not exploiting it like with ad-based social media."
"While Notes may look similar to social media feeds, the key difference is in what you don’t see. The Substack network runs on paid subscriptions, not ads. It’s social media with a heart transplant."
- Incipient 4y agoBecause no company would ever lie about their intentions, or at the very least pivot to the exact opposite of their original point without a second thought. Would they?
- s3p 4y agoAaaah someone disagrees with my point of view so they must be lying!
- k_pres 4y agoClearly not. No company would ever betray their original principles for the opportunity to make more money in the short term
- deleted 4y ago[deleted]
- shanebellone 4y ago"Because no company would ever lie about their intentions, or at the very least pivot to the exact opposite of their original point without a second thought." No business would pivot to a dying monetization model unless it was their last option. Advertising is not a solution for Substack; but rather a Trojan Horse.
- v0idzer0 4y agoAs much as I wish this were to true, it’s objectively false. Digital advertising is a healthy industry that powers many profitable companies. Substack is not profitable and torching money even with a 10% claim on wroters’ subscription revenue
- rchaud 4y agoDying monetization model? Is that why Microsoft, Amazon and Apple App Store are splattering their properties with them like a Jackson Pollock painting?
- shanebellone 4y agoThose are ecosystems that operate a fundamentally different model ("dream scenario").