Substack Notes and Long vs. Short Form
Substack has entered the arena of the social network wars, taking it to Twitter head-on with a new product called Notes. It’s a short form feed style of posts that runs in a parallel track to your long form newsletter subscriptions (the Inbox), and looks remarkably similar to Twitter. But Substack’s big innovation here for a social network is capitalizing on their subscription-centric model — every other general-use social network on the internet to-date has been based on advertising. From the announcement, how Substack will differentiate:
By contrast, the lifeblood of a subscription network is the money...