(no title)
ubac | 4 years ago
This will offer some genuine benefits to readers (one monthly payment, maybe a discount) and to writers (lower transaction fees, since Stripe has a fixed cost that eats into small payments), but it will also sever the thing that currently makes it possible for authors to leave Substack and take 100% of their paid subscribers with them: every single reader has a unique subscription object in each individual publisher's Stripe account, which can then be ported to any other platform using Stripe. So when writers leave Substack they won't be able to take with them any subscribers who arrived through a bundle.
I think writers won't realise the danger here, and that Substack will therefore be able to lock in writers, against their original promise.
I would be delighted if this didn't happen, and happy to retract this if Chris could just promise that Substack will never do this kind of bundling, even if it's opt-in for publishers.
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