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VC here: why? the market is fucking G I N U N G O (potentially). Email is a ubiquitous technology. Any platform that could potentially lead the monetisation of it is worth serious consideration. Substack is probably the company with the best traction today. Given that, I think there will be a land grab now with lots of copycats charging the same or less - limited moat. Doesn't mean the company can't grow to be a monster - see Shopify.

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Right, there’s no moat. And per other comments the terms feel very anti-creator e.g. you grant substack an indefinite license to any work you’ve ever made and shared publicly even if you delete your account. You also don’t have access to any of the email addresses of your subscribers so you can’t easily move to another platform. Those policies feel like a bad PR battle waiting to happen (see Taylor Swift).

> G I N U N G O

Is that an acronym?

I'm guessing it is a portmanteau of 'ginormous' (itself a portmanteau that has legitimately replaced 'enormous' for my kids' generation, much to my chagrin) and 'humongous'? Maybe with some relation to 'mundo' as well.

No, just me enjoying making up words.

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