Ok so I think you missed the point. They do NOT want to be Twitter or other social media. Other social media goal is to attract a crowd to serve ads so the company profits. Substack is crowdsourced as well as crowdfunded. The artists/writers get paid direct what they're worth instead of a label gets the money and distributes as they see fit.
You are right though; as a money grab for Substack itself, Notes is a failure!
They haven’t figured out the right algorithm formula yet. It can become what they want it to be ‘new Twitter’ if they get it right.
Ok so I think you missed the point. They do NOT want to be Twitter or other social media. Other social media goal is to attract a crowd to serve ads so the company profits. Substack is crowdsourced as well as crowdfunded. The artists/writers get paid direct what they're worth instead of a label gets the money and distributes as they see fit.
You are right though; as a money grab for Substack itself, Notes is a failure!