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In May 2021, Substack acquired Brooklyn-based startup People & Company. [40] In August 2020, Substack reported that over 100,000 users were paying for at least one newsletter. [39] As of August 2021, Substack had more than 250,000 paying subscribers and its top ten publishers were making $7 million in annualized revenue. [41]
Noah Smith is an American blogger, journalist, and commentator on economics and current events. [1] A former assistant professor of behavioral finance at Stony Brook University, Smith writes for his own Substack blog, Noahpinion, and has also written for publications including Bloomberg, Quartz, Associated Press, Business Insider, and The Atlantic.
In 2020, he left to create his own freemium newsletter on Substack called Platformer, [6] [2] [11] with the paid subscription costing US$10 per month. [4] Substack incentivized authors with advances, which Newton turned down, but accepted healthcare stipends. [2] As of January 2024, Platformer had 170,000 subscribers to the free edition. [12]
When Patti Smith joined Substack — the now-five-year-old online platform that has writers getting paid via a subscription model — the poet, author and Rock and Roll Hall of Famer had been ...
The Wall Street Journal. TechCrunch. Vice.These are just a handful of the media outlets who reached out to me earlier this year for comment in their stories. However, they weren't actually looking ...
Substack has no plans to shift its business model to one centered around advertising, even as questions swirl around its revenue outlook in the face of cooling venture investments.
The Lindy effect (also known as Lindy's law [1]) is a theorized phenomenon by which the future life expectancy of some non-perishable things, like a technology or an idea, is proportional to their current age. Thus, the Lindy effect proposes the longer a period something has survived to exist or be used in the present, the longer its remaining ...
Anne Helen Petersen is an American writer and journalist. She worked as a Senior Culture Writer for BuzzFeed until August 2020, [1] when she began writing full-time for her newsletter "Culture Study" on Substack. [2]