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Is Substack a Platform That's Not Driving Discovery?
Only fans craters have a lot of churn, given that consumers are also subscribing to other premium content as well. I think it's hard to say the actual mode is overtimeik, especially when you're not driving actual audience. The demand side of only fans and patrion and substack especially, i probl pretty low. And so if they're charging for like, a premium that they are bringing you an audience, that's where,. like, the real opportunity arises. But right now all of them are actully sort of stock in this middle phase because they would love to charge like they are an aggregator.