The rationalization of publishing

Now that the ad-only experiment has decidedly failed, quality information providers will be able to build strong businesses, and consumers will be better served than ever

1) People will pay for entertainment but not information

2) People will pay for audio and video but not text

3) People won’t pay for what they’ve historically gotten for free

How it will play out

CEO of Medium, partner at Obvious Ventures, co-founder of Twitter, curious consumer of ideas

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