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Stephanie B.'s avatar

The insincere phrase "leaning in" is one of the most common toppings on the word salad garbage pile that includes "let's unpack this" and other lame Ted Talkisms for people who want to sound like they are being smarter than they actually are.

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Michael Spencer's avatar

Substack needs to maximize revenue, because remember, it's only taking 10%. So book authors, NYT best sellers and political commentators do get special promotions to be sure. As well as celebrities, influencers and people with strong social media followings. Substack really was only active since 2018 (technically founded near the end of 2017), contrary to popular belief it's barely scaled yet. To become profitable it needs its biggest personalities to exceed expectations in their performance. Since it's all about paid subs.

Influencer marketing is what you do when you are a relatively cash poor startup without a marketing budget. So growth in the app and otherwise is quasi-organic and riding the coattails of the actual writers. A very small number of people actually read its own promotions.

I personally don't care who they promote or why, I just want the ecosystem to grow faster. And not just in the U.S. It's not a meritocracy, your body of work over the last decade actually matters. Very unfortunate that Substack grew off the back of political writers and Twitter, but that's the choice they made at the time.

It's a subscription network, the only metric that actually matters is paid subs growth. There's no reason why you can't have a beehiiv, a ConvertKit, a Locals and a Substack. Many Substack writers have a LinkedIn Newsletter for example. It's never been an this vs. that as paid subs are only one way to make revenue.

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