I took a step back while writing my comment and realised that it must seem kind of like random success to some people. I don't think it is at all. Other startups tried to create "blog platforms" and worked on the product/technology/UI, but the founders of Substack took a look at "what will make good quality writers sign-up" and executed on this.
It shows me that even when an idea looks simple and like it has been done before with no success, if your thinking isn't clouded by what has gone before and you actually have a new perspective and are able to understand the market incentives better than others you have a chance to do much better.
I took a step back while writing my comment and realised that it must seem kind of like random success to some people. I don't think it is at all. Other startups tried to create "blog platforms" and worked on the product/technology/UI, but the founders of Substack took a look at "what will make good quality writers sign-up" and executed on this.
It shows me that even when an idea looks simple and like it has been done before with no success, if your thinking isn't clouded by what has gone before and you actually have a new perspective and are able to understand the market incentives better than others you have a chance to do much better.