"The ultimate goal on Substack is to convert casual readers into paying subscribers. Because the Substack network runs on paid subscriptions, writers are rewarded for respecting the trust and attention of their audiences, not exploiting it like with ad-based social media."
"While Notes may look similar to social media feeds, the key difference is in what you don’t see. The Substack network runs on paid subscriptions, not ads. It’s social media with a heart transplant."
Because no company would ever lie about their intentions, or at the very least pivot to the exact opposite of their original point without a second thought.
"Because no company would ever lie about their intentions, or at the very least pivot to the exact opposite of their original point without a second thought."
No business would pivot to a dying monetization model unless it was their last option.
Advertising is not a solution for Substack; but rather a Trojan Horse.
As much as I wish this were to true, it’s objectively false. Digital advertising is a healthy industry that powers many profitable companies. Substack is not profitable and torching money even with a 10% claim on wroters’ subscription revenue
Dying monetization model? Is that why Microsoft, Amazon and Apple App Store are splattering their properties with them like a Jackson Pollock painting?
It's not. Substack is very clear about that. https://on.substack.com/p/notes-faq
"The ultimate goal on Substack is to convert casual readers into paying subscribers. Because the Substack network runs on paid subscriptions, writers are rewarded for respecting the trust and attention of their audiences, not exploiting it like with ad-based social media."
"While Notes may look similar to social media feeds, the key difference is in what you don’t see. The Substack network runs on paid subscriptions, not ads. It’s social media with a heart transplant."