Dev's rise parallels the early rise of Medium: both the good (lots of organic use/praise), and the bad (signal-to-noise ratio is very low from the content I've seen shared outside the site). Given this funding announcement, that's not a bad thing from their perspective. To Ben's credit, there were some Medium-esque growth hacks earlier in Dev's history, which were removed after I pointed them out. The recent implosio…
I'm pro Dev.to, but also pro Medium. What's nice about them both is that they are differentiated incentive structures so it does create actual choice for readers and authors. But, I'm not sure what implosion on Medium you're talking about. That sounds like the talking points that two publications were using as they left medium (HN and FCC). But there was a shady backstory there and a lot of posturing to set themselve…
However, "the paywall in particular is very author friendly" is incorrect. If you want to monetize, sure, but the majority of people I know went to post on Medium in the first place did it to share personal knowledge with an easy-to-use UI/UX and get feedback, not to generate money.