raised funding at a $200 million valuation for its tools that help developers, writers and researchers link together connected notes.Substack
creates publishing software that has proven the tool of the moment for newsletter writers and journalists looking to find new platforms as news industry budgets shrink. In the first three months of the pandemic, Substack revenues jumped 60%, according to CEO Chris Best. “This model can create a renaissance in writing on the internet,” he says. “Kind of in the same way that ride-sharing is bigger than the taxi industry, a new business model that actually works for the internet could end up being bigger than the newspaper industry ever was.
Their founders come from a wide variety of backgrounds, too. Some, like former Groupon cofounder and CEO Andrew Mason, who leads
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