★ Substack Raised Another $100 Million, Which, I Bet, Is Already Being Flushed Down the Same Toilet as Their First $100 Million
One last post on my recent Substack kick. Yesterday I linked to Ana Marie Cox’s scathing analysis of Substack’s financials. She published that on June 23, and wrote about Substack’s $100 million funding round, with a $1 billion valuation, in the future tense. Substack indeed closed that round in mid July, raising $100 million, with […]