In Praise of Ponzis

1k @ $100 / yr — Fan economy: patrons, subscription newsletters/content

As a member of the Substack economy, I’d like to be able to take some credit for these successes, and I no doubt make some small contribution. But the larger truth is that I was in the right place at the right time—Substack is taking off because audiences are hungry for something more than clickable diversion in 10-second installments.