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The cheapest substack rate is $5/mo or $50/y. New Yorker is $90 a year. So you’re paying more for 2 writers than a full magazine.
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Mental model is wrong. Substack subscription is like a Twitch subscription. $5/mo is to become a patron and feel like a supporter, not for content. Content is free, signaling belonging is paid.
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Huh. Maybe I’m wrong! What data point are you looking at? The substack newsletters I subscribe to work that way. But maybe I’m on different ones?