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Medium will fail to on-board & keep pubs from now until eternity for a simple reason: as a VC funded startup it values hype more than profit
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B/c it values hype over profit, every move to make money is afterthought, its least innovative features. Chronotope/844941681359310848
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Medium's basic premise as a company is 'what if tech solves publishing, because publishers are stupid' Chronotope/817750258251956224
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It's basic design sense was 'design is stupid, what if tech solved design?' which is dumb and ends up with Chronotope/844946787274252289
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It's basic pitch is 'what if we gave writers confidential closed source tech instead of money?' Chronotope/844944178043895809
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Of course publishers are leaving Medium. It's because, philosophically, Medium doesn't believe that publishers should A. exist & B. profit.
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Medium won't prioritize the tools publishers need because for-profit writing organizations are inimical to the model axios.com/publishers-flee-medium-amid-business-model-changes-2440471520.html
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It's just like Uber briefly having a Taxi booking function. It won't work well because Taxis and Ubers cannot coexist in Uber's biz model.
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By the same measure, the Medium business model isn't compatible with publishing companies exceeding one employee.
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The irony here for such a 'culture' focused business field is that Medium shares no values with publishers, thus: Chronotope/873709551618596865
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VCs value hype over profitability, so Medium gets money by releasing stunt features w/no intention of follow up Chronotope/817046256228909057
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Even with PSMag paying for traffic it never reached it's pre-Medium search footprint and will have a hard time getting it back.
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Because Medium wanted hype, it likely paid for publishers to come on. But in long term it won't have been worth it. wfederman/795627673821315073
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For Medium strong good hype makes them profitable & bad barely hurts them, because that's the VC model. Remember?: hblodget/701927661623517184
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The Ringer left on May 30th. No one is reporting 'Big loss for Medium, they lost The Ringer' because that's not how VC-funded startups work.
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They raise money on hype and if someone leaves the platform, they just "didn't get it" or "weren't patient enough" or "bad partners".
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Medium wants a Facebook-style closed-garden in which individual writers = dependent contractors. Publishers were foolish to trust them.
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And chasing the theoretical and entirely temporary money that Medium offered initially was bad b/c it won't be enough to cover the losses:
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Publishers who hopped on and off of Medium will have to rebuild infrastructure, find previously fired engineers, unbreak SEO...
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They will have intangible losses like Medium's insulation and incomparability with Facebook, broken backlinks, and confused readers...
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And even if they started on Medium, the cost of building out a new site and running the complicated transfer of content will be nasty.
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Especially since last I checked, Medium's content export is crap TopLeftBrick/752534361392676864
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& will the theoretical up-tick in engagement on Medium (if you even had it Chronotope/818499314154635271 ) carry over after you leave the network?
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Nope, because network effect of being on Medium will stay on Medium. That's why they didn't give a shit, they thought that locked pubs in.
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Being on Medium was, is, and will always be, bad for publishers. End of Story.
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Pivot pivot pivot pivot pivot fastcompany.com/40470171/ev-williams-has-big-plans-for-medium-3-0
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Ev will say literally anything for press attention, which in the VC economy == money MattSaccaro/910546494578622465
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Medium is not trustworthy even when it promises to pay people. StuHorvath/874997693696925697
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Medium no longer has the network effect required to distinguish it from any other web publisher in a meaningful way. Chronotope/896090431099879425
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Medium doesn't care about its partners Chronotope/817046256228909057
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Medium has no original ideas anymore it's just Hype and VC funding Chronotope/874977909890568193
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Latest Medium pivot is about is the new instability in display ads making standard publishing easier to disrupt Chronotope/817750258251956224
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If Ev is talking to you about 'being an editor' on his 'Thought Catalog for VC Buddies' it is your moral imperative to turn that job down.
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He has made very clear he has no interest in creating a platform that supports writing as an art or journalism as a societal need.
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At this point Medium is exploitative in every possible way. Of its writers. Of the economy in which it lives. Of the publishing industry.
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Stop letting Ev walk around and use your publications to push out his latest pivot BS. Be critical and ask critical questions!
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When Ev is coming into your traditional media publication he *needs you* to keep up the fantasy bubble that keeps Medium afloat.
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This is the ultimate irony: Ev & Medium are dependent on traditional media platforms to push their attempt to destroy those platforms.
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Never stops being true: Chronotope/981597655229976576
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“We’ve had an arrangement with them for two years. I’m not saying they don’t have a right to break it. We’ve been scaling back, trying to get people to other platforms anyway. But it’d be nice to have more of a heads up.” niemanlab.org/2018/05/medium-abruptly-cancels-the-membership-programs-of-its-21-remaining-publisher-partners/
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“Meanwhile, we’re trying to make a living here. We’re cool with experimenting. But this is been an unbelievable blow. Could we have a better metaphor for the way Silicon Valley considers local journalism?” niemanlab.org/2018/05/medium-abruptly-cancels-the-membership-programs-of-its-21-remaining-publisher-partners/
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Just remember that by acting as his unabashed PR firm, where he arranged an article explicitly with this timing, The New York Times is complicit in Ev and Medium's fundamentally disrespectful execution in regards to journalism. nytimes.com/2018/05/09/business/ev-williams-twitter-medium.html
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Medium's entire fundamental model and approach is inimical to journalism and whenever they pivot in a direction that looks good for publications it's just for the good PR. It's never an honest turn. Remember that if you are a tech/media journalist next time you cover them.
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Ev thinks he's so smart that he is going to tap into the secret to Save Journalism that everyone around him who has been working on and in the industry longer is just too dumb to figure out. He will *never* respect your publication.
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And because he doesn't respect people who have been working on *this very problem*, because he refuses to believe anyone could be as smart or smarter than him, he will never ever *ever* solve the problems of the journalism business. Chronotope/994314341498408960
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Medium *might* be a cool product. Maybe. But as a business its leader will never do anything but leave the debris of others who dare to try and make a living in its wake. j_zimms/994286919528996864
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Medium will never be good for writing or publishing or every creative endeavor because not only does Ev not respect creativities, but his business models all focus on why their work is--and can be made--as close to zero value as possible. jayasax/994252016129101824
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Exactly. It can't help anyone else make money because as a VC-funded startup it's incentivised to just always get more press, continue to pivot, and shrink expenses. petersterne/994632639138148352
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Medium is bad. Ev will not solve publishing, much less the internet. But he definitely will never be the person who helps creative people get paid because he has no respect for what they do. Chronotope/903292782286176256
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And he telegraphs it *all the time* Chronotope/874977909890568193
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Unendingly. Chronotope/818499314154635271
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So stop giving Medium and Ev the good PR they need to CONTINUALLY pull this crap! Chronotope/817046256228909057
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Stop reporting on Ev. Instead, report on all the publications he's screwed over since he started Medium. Did they recover? What does their leadership have to say about Medium now a year after they left?
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How did this approach make editing difficult? Maintaining publishing standards? Raising money? What was the transfer off Medium like? How does this effect their bottom line, profit or non-profit?
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Medium and Ev aren't helping anyone. So instead write the more interesting story that isn't gross fawning over some tech entrepreneur. Write the story about the people Medium *hurts*.
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Write this story instead of heaping praise on an undeserving Ev. HalimahMarcus/994297053491744768?s=19
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Medium reinvents blogger dot com, thus proving once and for all they don't have ideas, don't know what they're doing, and really really aren't for publishers. help.medium.com/hc/en-us/articles/115003053487-Custom-Domains-service-deprecation
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Ev doesn't give a shit about your publication. He never ever did. Chronotope/994939666477584385
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Medium will never be compatible with publishers or publications. Chronotope/1375078793019277316?s=19
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Multi author publications are not among Ev's target users, they get were and never will be: "To Williams, colleagues say, Medium is first and foremost a technology product." theverge.com/2021/3/24/22349175/medium-layoffs-union-evan-williams-blogger-twitter-subscription
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A problem w/the SV mindset is: they think they're building for an inevitable future, but actually they're creating a future as they envision. B/c of the friction between beliefs and reality, they see users who don't confirm to the founder's approach as aberrations, not use cases.
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Medium will never be good at multi author organized publications for the same reason Facebook will never be good at moderation... their founders see those behaviors as aberrations that will be inevitably ended by the sweep of The Future, not use cases to be addressed.
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Medium is bad and it literally cannot stop itself from being bad: timmaughan/1420808936555487238
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Medium is not for writers, publishers, or creative people in general. They're just cogs in Medium's badly designed machine. lillydancyger/1420761507118260224
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Medium has always been very very upfront about the fact that their entire model is reliant on them getting free content from writers for Medium to do with whatever they please. Chronotope/844944178043895809
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This thread started 4 years ago and Medium keeps doing exactly the same shitty things over and over and every time it's like "oh my how did this happen to this otherwise fine company" because apparently memory doesn't go further back than three months ago.
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The cycle of Medium's BS continues to continue. ow/1471172289496424452?t=H4ZsB-4b7y9oNe6y0Eo9rA&s=19
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Medium is bad and it continues to be bad. Bad for its writers and bad for the web. Stop using it. Chronotope/1520002196414386181
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A good blog for this thread simonowens.substack.com/p/why-medium-failed?r=kpgl