Substack's Valuation Dilemma
The conversation dives into Substack's recent attempt to raise significant funding despite reporting only $9 million in revenue. There's a palpable disconnect between its billion-dollar valuation and its financial performance, prompting questions about where the money would be allocated. The hosts reflect on the challenges of sustaining a media business in a rapidly evolving landscape, highlighting the complexities of investor expectations.In this clip
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Equity
Sheryl Sandberg, Substack and the art of still raising money for groceries
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