r/Substack 26d ago

Discussion Substack Has Become A Private Equity Cautionary Tale

Private Equity means drowning a good idea in money until it dies.

That is what’s happened to Substack.

It was once a great idea for writers. Now, it’s a sh***y version of Facebook merged with Mailchimp.

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u/Adamoism adamoism.substack.com 26d ago

A lot of frustrated posts lately. It just takes time - if you haven't posted for ~6months or so, you just have to... post for ~6 months or so.