Substack is on the right path for them. Medium needs to get back on the right path for us.
They are doing a great job of unbundling traditional media. They are the most credible threat to the NYT digital subscription powerhouse. But that unbundling only works for some authors, i.e. that's why top Substack authors left and formed their own bundle (every.to).
We are in the job of rebundling. It's one price for everything. And that works for a different set of authors and publications. This fits much more what I want to see in publishing. I want a place that is friendly to subject matter experts. That is most people here and the thing that makes you a subject matter expert is that you are doing interesting work, not trying to build an audience.
They are doing a great job of unbundling traditional media. They are the most credible threat to the NYT digital subscription powerhouse. But that unbundling only works for some authors, i.e. that's why top Substack authors left and formed their own bundle (every.to).
We are in the job of rebundling. It's one price for everything. And that works for a different set of authors and publications. This fits much more what I want to see in publishing. I want a place that is friendly to subject matter experts. That is most people here and the thing that makes you a subject matter expert is that you are doing interesting work, not trying to build an audience.