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Tag: Substack

Substack raises $65 million in Andreessen Horowitz-led funding round

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Newsletter platform Substack Inc said on Tuesday that it had raised $65 million in a funding round led by Andrew Chen of endeavor capital firm Andreessen Horowitz. Substack serves as a unprejudiced platform for writers in conjunction with journalists whereas additionally paying some of them for negate printed repeatedly. Liking this myth?Secure one mail holding prime tech recordsdata of the day in below 5 minutes!Please wait... News internet build Axios, which first reported about the near, said the round valued Substack at about $650 million. Substack said it will use the novel capital to support fund its financing program for writers, increasing a group of writers and bolster its subscription-based publishing mannequin. Extra writers and journalists are not too long ago getting on ...