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The Hard Truth About Medium’s Funding Struggles (From the CEO)

Is the love affair with Medium over?

Yana Bostongirl
The Shortform
2 min readJan 13, 2025

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A broken heart.
Image by Freepik

Do you know many Medium writers once thrived on a platform called NewsBreak? Then a major algorithm change flipped everything — earnings plummeted to mere cents.

Many who quit their day jobs to write there found themselves without a livelihood.

Others like me shifted their focus to Medium and Substack.

I’ve built a small but steady subscriber base on Substack. Recently, I noticed many writers leaping there. Can you blame them considering:

My last long-form earned $1.

Screenshot by author

I just read TzeLin Sam’s post where the CEO has commented on Shanti C K’s post making it clear that it’s time to face the harsh reality — aka no funding.

I encourage you to read both posts and let me know your thoughts.

Screenshot from Shanti CK’s post

🎈We’ll soon see who values writing over earnings and who will downgrade their FoM membership.

Tips on how to get started on Substack👇

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The Shortform
The Shortform

Published in The Shortform

Shortform is dedicated to quick, interesting reads. If you are looking for some tiny nuggets of knowledge, easy entertainment, maybe a laugh or two😂. Shortform is designed for consuming content when short on time, energy, or waiting for a bus that’s always infuriatingly late.

Yana Bostongirl
Yana Bostongirl

Written by Yana Bostongirl

✨A memoir in motion, no script, just life - with a quirky Indian American flavor!|🌶️| Owner of Good Vibes Club publication💫 & The Heritage Pub 🪔

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