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Substack co-founder on how Substack Pro works: year one, writers get upfront pay, Substack keeps 85% of revenue; later, writers keep 90% revenue, no minimum pay (Hamish McKenzie/Substack Blog)

Hamish McKenzie / Substack Blog:
Substack co-founder on how Substack Pro works: year one, writers get upfront pay, Substack keeps 85% of revenue; later, writers keep 90% revenue, no minimum pay — The thinking behind Substack Pro — When we started Substack in mid-2017, the future for writers was frightening.
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