Email subscriptions don’t have network effects by themselves. Right now, there isn’t a large switching cost for a creator to leave Substack – the creator owns their email list and content. The interesting part, however, comes in when the platform provides enough value that a writer would lose subscribers by switching platforms and when subscribers... See more
Consumer psychology aside, very few farmers are buying tractors because they want tractors; they are buying tractors to do jobs on the farm. When a customer can just jump right to the job they want done and pay for what they use, everything needs to be re-evaluated from first principles.
There is a massive opportunity for brands across technology and finance to distribute loans to their customers. By offering lending products, brands have the opportunity to increase their revenue while also driving engagement, retention, and loyalty. Despite having no or limited incremental distribution cost in cross-selling these loans, extremely... See more