The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 10 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Rachitsky argues newsletter platforms lack moats because creators leave freely
“I don't know if anyone really has a moat. What's interesting is their pitch is you can come and you can leave anytime you want, which works really well for people like me that join. Cause there's no reason not to try it, but then the downside of people can lea…”
McCormick: Free newsletters grow faster and drive more serendipity than paid models
“And I want to keep it kind of free and open. I think it grows better. More people can read it. It creates more serendipity. Like there's just a lot of good things that come if I'm, you know, kind of willing to trade off the security of a paid subscription.”
Steer: Corporate blogs have lost value for analytical content
“People don't go there for, you know, analytical content anymore. They go there for the product announcements and that kind of thing, and so in order to do this right, I'm gonna start a new brand. I'm gonna do this on Substack instead”
Rachitsky: Lenny's Newsletter has 45k free and 3.3k paid subscribers
“I'm at about 45,000 free and about 30 3300 paid at this point.”
Rachitsky: Medium captures upside and SEO while withholding audience email addresses
“Why are you giving medium all of your content? They're gaining all of the upside, all of the SEO, all the subscribers. You don't get any email addresses of your audience. So you have no access if you leave. And so that was the benefit of sub stack. And it was …”
McCormick: Substack will not build an ad network anytime soon
“I don't think they're going to be building an ad network anytime soon, which is fine by me”
Poyar: Growth Unhinged grew to 20k+ readers in two years with $0 ad spend
“I actually write a weekly newsletter called Growth Unhinged. It's on Substack. Ah, I don't spend any money on acquiring users, but it, the, Newsletter's grown from zero to more than 20,000 readers in two years, and it's because of the community around the cont…”
Julian Frockman was an early angel investor in Substack
“One of my close friends from being in Austin is one of the founders of Substack. So I was an early investor there.”