Tech Brew Ride Home Wed. 06/30 – Facebook’s Substack Clone
Jun 30, 2021
Facebook launches a Substack rival, sparking conversations about content creation. Shopify shifts to a zero-commission model for developers, stirring up innovation. Tensions rise as Microsoft and Google renew their rivalry. T-Mobile introduces hassle-free network testing for iPhone users. In the drone sector, Zipline secures significant funding, pushing the boundaries of medical supply delivery. Lastly, Neeva emerges as a promising ad-free search engine focused on user privacy, challenging conventional search practices.
AI Snips
Chapters
Transcript
Episode notes
Facebook's Substack Clone
- Facebook launched Bulletin, a Substack competitor, with a familiar design.
- They're initially waiving revenue cuts for creators, echoing a common strategy.
Platform Strategy
- Launching with generous terms for creators is good PR and a dig at competitors like Apple.
- Later, platforms can quietly implement standard fees once established.
Shopify's Zero-Fee Model
- Shopify reduced app store fees to 0% for developers' first $1M in revenue.
- They also lowered the ongoing commission to 15% after the $1M mark.