Substack has spawned a new class of newsletter entrepreneurs
1–10 of 54 posts
Re: Substack has spawned a new class of newsletter entrepreneurs
#2One of the founders here. I’d love it if some of the HN crowd applied for our fellowship: https://on.substack.com/p/announcing-the-next-substack-fello...
Re: Substack has spawned a new class of newsletter entrepreneurs
#3I am happy to pay for quality writing I can't find elsewhere, and in fact I subscribe to a Substack.
I don't necessarily see the nascent bundling as a problem. Newspapers, which were the workhorses of writing, were bundled geographically which makes less sense now. Bundling by interest makes a lot more sense.
Hopefully the writing supported by this paid model can be as creative as cable TV used to be, compared to network TV.
Re: Substack has spawned a new class of newsletter entrepreneurs
#4I think what Substack is doing is really exciting, but it remains to be seen how large this phenomenon will become. I heard on a CNBC interview that there are only about 30 writers who make a living income from Substack right now (don't know if it's true or not).
"Pay money to support the creator" can work - Patreon is doing around $50M in revenue annually. Bundling can obviously also work with many big and established examples. But it strikes me that the two models attract a very different customer, so those who subscribe to a specific Substack newsletter may or may not be enthusiastic about buying a big bundle of them down the line.
Re: Substack has spawned a new class of newsletter entrepreneurs
#5One of the founders here. I’d love it if some of the HN crowd applied for our fellowship: https://on.substack.com/p/announcing-the-next-substack-fello...
I wish it were acceptable to ask founders real questions about their company culture and values without being labelled a party pooper or buzzkill
Re: Substack has spawned a new class of newsletter entrepreneurs
#6It's nice to see a different business model of writing. Medium uses subscription model for a whole while Substack uses subscription model for each author.
Time will tell which one will work better.
I already subscribed to writers on Substack (all of them write about blockchain/DeFi).
Re: Substack has spawned a new class of newsletter entrepreneurs
#7Maybe this varries depending on interest niche, but for me personally, there is so much quality writing that is available for free, much more than i am reasonably able to consume, its hard to imagine paying a subscription for writing.
Re: Substack has spawned a new class of newsletter entrepreneurs
#8One of the founders here. I’d love it if some of the HN crowd applied for our fellowship: https://on.substack.com/p/announcing-the-next-substack-fello...
If you offered crypto as payment (BTC, ETH, XMR, etc.) I would subscribe to some newsletters. I don't want to pay stripe any vig.
Re: Substack has spawned a new class of newsletter entrepreneurs
#9One of the founders here. I’d love it if some of the HN crowd applied for our fellowship: https://on.substack.com/p/announcing-the-next-substack-fello...
Does "anywhere in the world" include countries where Stripe isn't available?
I've toyed around with the idea of creating a Substack, but I can't get paid over Stripe.
Re: Substack has spawned a new class of newsletter entrepreneurs
#10I believe that platform works the best if you have a niche based newsletter. And that's what makes it best.