On the HBO show Silicon Valley, there's a pivotal moment when VC funder Monica confesses to the protagonist, Richard, that, to her enduring shame, she "passed on Slack," costing her company potential billions.
"I mean, what is it? Is it email? Is it IM? I just don't get it."
"Turns out what it is is a $3 billion dollar company, and I passed on it."
That puzzled image of Monica? That's me with Substack.
I've mentioned substacks a few times here, but what are your thoughts on them?
What I've learned so far: A substack is an email newsletter that you subscribe to.
It's like a blog, in that it has a website and you can comment.
It's not like a blog in that you have to pay for it, usually $60 a year and up, mostly. Some are supposedly free, although most that I've tried to read has the familiar "subscribe to read more" sticker about a paragraph in.
It's free to create and write a substack, and Substack provides the platform and an app. Remember the olden days of RSS and bloglines and Google Reader? It's like that.
Remember listservs? It's sort of like those, too. Like Monica, I'm grasping for analogies.
Substack's had its own problems with content moderation and catering to--let's call them unsavory movements, so many people apparently left the platform.
I've subscribed to one (an academic acquaintance's) and have read several others & the comments. It's a nice community, no question, but it's still a bit puzzling.
Are the posts thoughtful and interesting and well-written? Yes.
Are they more thoughtful and interesting than most blogs, especially at the height of the blogosphere (around 10 years ago)? Not really, because there was (and is, for you stalwart bloggers) always interesting and fresh content to be had in the blogosphere.
Maybe it's just the natural progression--Cory Doctorow calls it the "enshittification"--of monetizing what was once free on the internet so that someone could make a buck. Case in point: every single link here (except to this blog) will flash you a "subscribe now!" panel after a paragraph.
It seems unduly harsh to say that about the lovely Substackers I've seen, though.
So I'm having a Monica moment here: I don't get it. Your thoughts?