By offering a seamlessly integrated email, payment integration (Stripe is a big part of all these revolutions), and no-design-needed opinionated web presentation, Substack managed to basically resurrect a zombie category of text media that hadn’t really existed in this kind of pure form since the 90s.
I’m convinced that customer-centricity is the main benefit of the PR/FAQ. Sure, you may accomplish many of the same goals with a more conventional Product Requirements Document (PRD). Or you may write a free-form, technical spec — which was what I commonly did in previous roles. But I’ve learnt that the ‘press release’ portion of the PR/FAQ format... See more
You want to find opportunities for talent arbitrage: for example, find people who are excellent at their craft but struggle at self-presentation or public speaking. Others will write them off before seeing what they have to offer — and you get to harness them for their skill while either hiding or improving their weaknesses.
The internet was small, slow, and limited. Even at the height of the dot-com frenzy, it’s important to realize that only 7% of the world had internet access. And those who did had to endure dialup connections with dreadful connection speeds.
-Revenue Growth - The slowing growth of its subscription customers is driven by the slowing growth of hardware revenue. Bike unit sales have slumped considerably (around 75% YoY) compared to previous growth rates (200-300% YoY).