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★ Substack Raised Another $100 Million, Which, I Bet, Is Already Being Flushed Down the Same Toilet as Their First $100 Million from Daring Fireball RSS feed.
★ Substack Raised Another $100 Million, Which, I Bet, Is Already Being Flushed Down the Same Toilet as Their First $100 Million
I firmly believe one could build a very nice business taking 10 percent of subscription revenue for a blogging/newsletter platform, if you could get as nice a roster of popular writers to build on the platform as Substack has. I do not think that’s a $1 billion business, though.