The iPhone 5C of Ferraris – and I am sure it'll have the same fate.
It's doubly a shame because Jony actually owns one of the all-time most beautiful classic Ferraris – the 250 Europa. I was hoping they'd do a modern re-imagination and revival.
Not surprised - this stuff isn’t fully mature yet. But I interact with their team a lot and know they have a commitment to it (I’m the other guy in that video)
One thing I admire about Snowflake is a real commitment to self-cannibalization. They were super out front with Iceberg even though it could disrupt them, because that's what customers were asking for and they're willing to bet they'll figure out how to make money in that new world
I’m surprised not to see a discussion of the biggest drawback: despite being fewer characters, “uv” is harder to type than “pip”. It requires two different hands to participate and a longer reach with my left index finger. pip is convenient – just a little rattle off with my right hand.
The implication of her article is that they’d have a hard time raising that money and/or that they somehow aren’t doing well - I don’t see any evidence of this cited anywhere in her post.
This post didn't age well – 3 weeks later Substack announced a $100m fundraise at $1.1b valuation. [1]
Ana's contention that Substack is "rickety" seems motivated by her conviction that they should adopt a more assertive, aggressive censorship regime, and that "we need a world where a social safety net protects risky writing".
There are certainly many interesting questions about the future of media and Substack's business – but the parade of people saying it can't succeed without more moderation keep being proven wrong.
It's doubly a shame because Jony actually owns one of the all-time most beautiful classic Ferraris – the 250 Europa. I was hoping they'd do a modern re-imagination and revival.
https://www.ferrari.com/en-EN/auto/250-europa