Many regard early newspapers as cradles of modern democracy and human rights, and there’s obvious truth to that. But Innis worried that newspapers had a structural bias: They focused culture relentlessly on the present. To make money, newspapers had to train us to come back every day—to become convinced that if we stopped keeping up, stopped checki... See more
To be a platform rather than just a tool, Substack needs to answer the following question: as another new creator joins the Substack, how does it become better for all the other creators as well?
Paywalls are the primary alternative for startups that cannot monetize with a commission. A paywall charges one side — either supply or demand — for access to the marketplace.
While the first wave may be third-party seller rollups, the next wave could be software companies that power them. And more ancillary markets will come out of all this.