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Medium's mission statement: "We don’t want to suggest that everybody who writes should get paid or try to get paid." niemanlab.org/2017/08/ev-williams-on-mediums-spotify-ish-future-why-publishers-left-and-why-he-changed-his-mind-about-ads/
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Also... are there really "hundreds" of publishers still on Medium? How is a "publisher" defined exactly?
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At the deep core of Medium's problem is the same problem in most of Startupland - they don't believe content creation has intrinsic value.