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Substack's Ticking Time Bomb
- paulpauper 2y agoThis dynamic serves Substack's VC-driven business model but it undermines the original premise of sustainable independent journalism. It's a system designed to produce a few stars and a long tail of struggling writers, all while generating the user growth and engagement metrics that justify further investment rounds. Isn't this true of Youtube or almost any major social media company? It's not like YouTube is struggling.
- dotcoma 2y agoI don’t think Substack will soon be struggling, either. It’s independent journalism that will have a hard time on Substack, or so the author thinks.