Molly WhiteMar 20, 2023
Reminiscing on when I pissed off venture capitalists with an offhand remark on Crypto Critics' Corner that VCs are not good for society with a new essay about the meltdown around Silicon Valley Bank: https://newsletter.mollywhite.net/p/the-venture-capitalists-dilemma
The venture capitalist's dilemma

The embarrassing investor meltdown surrounding Silicon Valley Bank should drive us to consider new models.

Molly White
Show threadMolly White

I'm not venture capital-funded, so consider subscribing if you like my writing. 🥰

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Mar 20, 2023 at 12:59amWeb
Show threadMolly WhiteMar 20, 2023
The clip is from episode 84: "Cryptocurrency Criticism in a Down Market", around 19 minutes in.
https://youtu.be/k4o86dEDGRo?t=1128
Cryptocurrency Criticism in a Down Market (feat. Molly White) - Episode 84

YouTube
Show threadMolly WhiteMar 20, 2023
guess this is where I find out if any VCs subscribe to my newsletter lol
Show threadWilliam PietriMar 20, 2023
@molly0xfff I laughed and laughed at this bit:
Show threadJohn Mark  ☑️Mar 20, 2023
@williampietri @molly0xfff I literally lol'd when I read that
Show threadDirk HohndelMar 20, 2023
@molly0xfff
Not anymore 🤣🤣🤣😎🤣🤣
Show threadDr. Fancypants, Esq.Mar 20, 2023
@molly0xfff *looks around nervously* Maybe one or two VC employees subscribe, and don’t find much to argue with…
Show threadJeri DanskyMar 20, 2023
@molly0xfff If you were using a platform other than Substack, I'd have subscribed a long time ago. But I can't ethically subscribe to anything on Substack. ☹️
Show threadmore jest than warrior (débil, enfermizo)Mar 20, 2023
@jeridansky
Hi, mind if I ask why? Thanks!
Show threadJeri DanskyMar 20, 2023

@contraculto For starters:

https://thehypothesis.substack.com/p/heres-why-substacks-scam-worked-so

https://www.isdglobal.org/digital_dispatches/anti-vaxxers-qanon-influencers-and-white-nationalists-flocking-to-substack/

https://www.theguardian.com/technology/2022/jan/27/anti-vaxxers-making-at-least-25m-a-year-from-publishing-on-substack

https://mashable.com/article/substack-covid-misinformation

https://mastodon.social/@jhpot/109604889214426745

https://mastodon.social/@ricmac/109596194828135932

https://me.dm/@anildash/109891943225094233

Here's why Substack's scam worked so well

They paid a secret group of writers to make newsletter authorship seem lucrative

The Hypothesis
Show threadmore jest than warrior (débil, enfermizo)Mar 20, 2023
@jeridansky
Oh wow, that's *bad*
Show threadWoodrow DouglassMar 20, 2023
@jeridansky @molly0xfff why not? Where else are independent writers producing articles? Medium i suppose, maybe Patreon?
Show threadJeri DanskyMar 20, 2023

@bigfishrunning For starters:

https://thehypothesis.substack.com/p/heres-why-substacks-scam-worked-so

https://www.isdglobal.org/digital_dispatches/anti-vaxxers-qanon-influencers-and-white-nationalists-flocking-to-substack/

https://www.theguardian.com/technology/2022/jan/27/anti-vaxxers-making-at-least-25m-a-year-from-publishing-on-substack

https://mashable.com/article/substack-covid-misinformation

https://mastodon.social/@jhpot/109604889214426745

https://mastodon.social/@ricmac/109596194828135932

https://me.dm/@anildash/109891943225094233

Here are alternatives: https://www.wired.com/story/best-substack-alternatives/

I'm OK with Patreon, too; I support about 9 efforts that way.

Here's why Substack's scam worked so well

They paid a secret group of writers to make newsletter authorship seem lucrative

The Hypothesis
Show threadJeri DanskyMar 20, 2023
@bigfishrunning Looking quickly at some newsletters I *am* subscribed to: One uses beehive, and three use MailChimp. I support them financially via whatever funding mechanism they've set up: Patreon, etc.