Substack Raises $100 Million, Betting on Subscriptions but Coming Around to Ads

nytimes.com/2025/07/17/business/substack-fundraising-social-network.html

Substack’s co-founders, from left: Hamish McKenzie, Chris Best and Jairaj Sethi in their San Francisco office in 2022.

This story appeared on nytimes.com, 2025-07-17 14:03:09.
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