> Starting today, we’re making Revue’s Pro features free for all accounts and lowering the paid newsletter fee to 5% ...and there goes Substack's entire business. Overall, this is great for writers however. The missing component to Substack was the discovery/social mechanism. From a strategic perspective, it's easier to bolt on newsletter sending than it is to build a new social network. So this was always a huge ris…
Not exactly. The Twitter brand isn't looking so hot right now. I think it's the same thing with Slack, Slack only exists because Microsoft teams is made by Microsoft. I swear to God it's mostly a placebo effect, but you're like oh yeah we're using slack we're the cool kids now. Many companies will have a single breakaway team that uses slack just to feel cool. But if $10 a month makes a developer happier she might pr…
I see "current press sentiment" as an irrelevant factor. Just wait until some prominent right winger heads to Substack and the journalists start aiming their sights.
The point is, if I'm going to start a paid newsletter, am I willing to give up an extra 5% of my income for the same feature set?
The answer is hell no. Substack will have to lower their prices, and then the feature war will begin. Twitter will always have the upper hand given they can directly integrate newsletter sign up forms into twitter.
But hey, bureaucratic incompetence is endemic at Twitter, so they might screw up this obvious path to victory they have in front of them.