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Decoder with Nilay Patel

Is Substack Notes a ‘Twitter clone’? We asked CEO Chris Best.

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.33.2K Ratings

🗓️ 13 April 2023

⏱️ 65 minutes

🧾️ Download transcript

Summary

It is fair to say that Substack has had a dramatic week and a half or so, and I talked to their CEO Chris Best about it. The company announced a new feature called Substack Notes, which looks quite a bit like Twitter — Substack authors can post short bits of text to share links and kick off discussions, and people can reply to them, like the posts, the whole thing. Like I said, Twitter. Twitter, under the direction of Elon Musk, did not like the prospect of this competition, and for several days last week, Twitter was taking aggressive actions against Substack. At one point you couldn’t even like tweets with Substack links in them. At another point, clicking on a Substack link resulted in a warning message about the platform being unsafe. And finally, Twitter redirected all searches for the word Substack to “newsletter.” Musk claimed Substack was somehow downloading the Twitter database to bootstrap Substack Notes, which, well, I’m still not sure what that means, but I at least asked Chris what he thought that meant and whether he was doing it. It’s tempting to think of Substack like a rival platform to Twitter, but until the arrival of Substack Notes, it was much more like enterprise software. With Substack Notes, the company is in direct competition with social networks like Twitter. It’s shipping a consumer product that’s designed to be used by Substack readers. It is no longer just a software vendor; it’s a consumer product company. And that carries with it another set of content moderation concerns, that, after talking to Chris, I’m just not sure Substack is ready for. Like, I really don’t know. You’ll just have to listen to his answers — or really, non-answers — for yourself. This is a wild one. I’m still processing it. Let me know what you think. Okay, Chris Best, CEO of Substack. Here we go. Transcript: https://www.theverge.com/e/23445916 Links: Can Substack CEO Chris Best build a new model for journalism? - The Verge Now live for all: Substack Notes Substack Content Guidelines Welcome to the new Verge (re Quick Posts) Can Mastodon seize the moment from Twitter? - The Verge Twitter’s newsletter tool is shutting down in less than a month - The Verge Elon Musk on Twitter: "@BretWeinstein 1. Substack links were never blocked..." Casey Newton - Substack Notes Platformer on Substack Can we regulate social media without breaking the First Amendment? - The Verge How to buy a social network, with Tumblr CEO Matt Mullenweg - The Verge Newsletter platform Substack raises $65 mln in Andreessen Horowitz-led funding round | Reuters Substack Drops Fund-Raising Efforts as Market Sours - The New York Times Substack Wefunder Substack Notes, Twitter Blocks Substack, Substack Versus Writers How much money do we think Substack lost last year? - The Verge Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hello and welcome to Decoder.

0:02.7

I'm Neil Appetel, Editor in Chief of the Verge, and Decoder is my show about big ideas

0:07.0

and other problems.

0:08.0

We have a special Thursday episode today, an emergency episode, if you will.

0:12.6

I'm talking to Chris Best, the CEO of Substack.

0:16.3

That's the subscription newsletter platform that lots of writers have decamped to start

0:20.5

their own little media businesses.

0:22.2

Now, it's fair to say that Substack has had a dramatic week and a half or so.

0:27.8

Last week, the company announced a new feature called Substack Notes, which looks quite

0:32.5

a bit like Twitter.

0:33.8

Substack authors can post short bits of text to share links and kick off discussions,

0:37.7

and people can reply to them.

0:39.2

They can like the post, the whole thing.

0:41.0

Like I said, Twitter.

0:43.5

Twitter itself, under the direction of Elon Musk, did not like the prospect of this competition.

0:50.0

And for several days last week, Twitter was taking aggressive actions against Substack.

0:55.4

At one point, you couldn't even like tweets with Substack links in them.

0:59.8

At another point, clicking on a Substack link resulted in a warning message about the

1:04.2

platform being unsafe.

1:06.8

And finally, Twitter redirected all searches for the word Substack to newsletter.

1:13.4

Now, Elon claimed Substack was somehow downloading the Twitter database to bootstrap Substack

1:19.2

notes, which I am still not sure that means.

...

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