Aug 24, 2017 · 1 min read
I’m guessing the model is ‘growth’?
Paying writers will attract more writers/publications to migrate from a self hosted or WordPress.com hosted site to Medium. The monetization model though is enigmatic. The $64million question is; How long will the VCs continue propping up a costly experiment that seemingly pays out with little coming in?
I can’t help thinking the model is upside-down as Joan’s reply underscores.
Is Ev Williams foolish, brave or both? Time will tell.
