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by gonehome
1561 days ago
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ubac framed the question in a hostile way which is probably why he was ignored. What you're describing sounds like a cash advance/guarantee which Hamish mentioned about 'de-risking' offers. If you have good data that a writer could make X money, but they're afraid to leave their day job - it's easy to just say to them "we'll pay you your day job salary to de-risk this jump for you" if you know they'll make way more than that. You can even offer more. That's not a 'secret benefit' to prevent them from leaving - it's a smart economic move to help people anxious about perceived risk. |
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The benefits I'm talking about are not the advances or guarantees, there's basically a ton of secret programmes at Substack where they give favored publishers special in-kind benefits to effectively pay back some of the 10% fee. Hamish knows what I'm talking about, but can't mention it publicly because their business model is reliant on a pretense that every publisher is paying 10% and not a hodgpodge of subsidies and kickbacks. Does that make sense?