Substack is experiencing growth and growing pains. Paid subscribers to its hundreds of thousands of newsletters topped 1M and it’s valued at $650M. But to keep that growth, it can’t be just a site for newsletters, its execs say. It needs to be a multimedia community. (The New York Times; h/t Jesse Butts in Tilt Discord community)
Tilt Take: Do we really need another multimedia community? (Oh, and we can only wonder what newsletter creators think about a plan that moves away from its founding strategy.)
