@shishirmehrotra @fed_speak @patrick_oshag @benthompson I'm doubtful Medium's bundle can support an attractive ecosystem for writers. A core problem is the TAM of all people who actually pay for writing in a year is shockingly small. Take nonfiction adult books as just one example. Consumers might like a bundle. Writers need to eat. 
@shishirmehrotra @fed_speak @patrick_oshag @benthompson "In 2018, the average annual expenditure on reading per consumer unit in the United States amounted to $107.9. Americans aged 20 to 34 spend < seven minutes per day reading."
We aren't the mass market. Our reading levels aren't normal. Stratechery and substack aren't mass market
We aren't the mass market. Our reading levels aren't normal. Stratechery and substack aren't mass market
@shishirmehrotra @fed_speak @patrick_oshag @benthompson I'll conclude that a mass market bundle of writing is great for the incomes of writers when I see existence proofs.
We may like a bundle as a consumer. But will writers like it since they earn an attractive income? Without a better deal than they get from Substack, it's dead.
We may like a bundle as a consumer. But will writers like it since they earn an attractive income? Without a better deal than they get from Substack, it's dead.
