Sublime

In the language of Ben Thompson, Substack has two choices. It can become a full fledged aggregator, build network effects and community, personalized content and so forth, but risk the moral purity of being one of the last ad-free algorithm-free corners of the internet, or it can become a platform, provide valuable infrastructure and flexible prici... See more

Koji is built entirely on the open web. “We don’t believe that we will ever need to create a native app,” he told me earlier this year. Koji gives creators dozens of ways to collect money from their audiences through subscriptions and one-off purchases, and its mobile-friendly design is perfect for the in-app web browsers used by Facebook, Instagra... See more

Areas of opportunity; hiring, creating products for founders like NFX's Signal, and processes such as indexing people instead of companies.

The possible letdown, however, is that there is nothing in Substack’s technical or legal design that guarantees that it will remain a tolerant home for heterodox writers.

Harry Stebbings, Founder of The Twenty Minute VC and 20VC fund, says, "Seeing more value captured by users, both individually and collectively, is one of the most exciting aspects of Web3. It removes intermediaries from traditional Web2 aggregators and gatekeepers, which is key for the democratization of income creation in the digital world."