Your take on substack asking writers to invest might be correct,but it’s also really cynical. The idea that it could be, at least, partially owned by its writers is huge. Too many social media companies don’t really consider their users - even the “content creators” - who drive revenue for the companies to be true stakeholders.
What substack did was give all of us the opportunity to be counted. By putting our money where our money is.
Your take on substack asking writers to invest might be correct,but it’s also really cynical. The idea that it could be, at least, partially owned by its writers is huge. Too many social media companies don’t really consider their users - even the “content creators” - who drive revenue for the companies to be true stakeholders.
What substack did was give all of us the opportunity to be counted. By putting our money where our money is.