Prexit
With Sullivan & Weiss both leaving the New York establishment on the same day, there's now an obvious alternative for the smartest folks in media: leave now, on your own terms, to become a founder.
Exit the legacy press and do a Substack. Become a personal media brand.
With Sullivan & Weiss both leaving the New York establishment on the same day, there's now an obvious alternative for the smartest folks in media: leave now, on your own terms, to become a founder.
Exit the legacy press and do a Substack. Become a personal media brand.
Facilitating Prexit with ISAs
One idea is a fund that gives smart creatives one year of salary to quit the East Coast & go independent, and then gets back some capped return on that over N years.
The key is values-alignment, as distinct from employment.
One idea is a fund that gives smart creatives one year of salary to quit the East Coast & go independent, and then gets back some capped return on that over N years.
The key is values-alignment, as distinct from employment.
There are many smart people who chafe at media corporation groupthink (COVID isn't important! Now it is! Now ignore it! Now it's important again!) but don't have the savings to quit and speak their mind.
But if we can fund them with a year of savings to exit and go independent…
But if we can fund them with a year of savings to exit and go independent…
But for others, like @sullydish, they already have a brand (and he was independent for sometime). What they need is a new community of aligned people, a parallel media establishment.
It'll probably end up roughly as West Coast vs East Coast media, decentralized vs centralized.
It'll probably end up roughly as West Coast vs East Coast media, decentralized vs centralized.
Btw, you can also use Ghost rather than Substack. It has the major advantage that it has an open source variant, so you can self-host if necessary. And it has membership features too. ghost.org/docs/members/r…
