Jul 16, 2019

Substack raises new funds to continue fueling the newsletter boom

Substack, a three-person San Francisco startup that lets users create newsletters and charge their readers, has raised $15.3 million in new funding from Andreessen Horowitz and Y Combinator.

Why it matters: Email newsletters have become the new blogs: Everyone's getting their own and readers are subscribing so they can keep up with their favorite writers and thinkers. The boom in newsletters also comes at a time when the media industry is grappling with figuring out better business models than advertising, with some independent writers opting to build their own small enterprises.

Go deeper: We’re at Peak Newsletter, and I Feel Fine

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Keep ReadingArrowJul 30, 2019

Podcast: A tale of two startup economies

Venture capital keeps getting bigger, while U.S. new business formation stalls. Dan discusses this with Andreessen Horowitz managing partner Scott Kupor.

San Francisco's next housing battle: Corporate rentals

San Francisco street. Photo: Andia/Universal Images Group via Getty Images

Airbnb this week acquired Urbandoor, a company that provides "corporate rentals" for business travelers and new employees, typically rented for anywhere between a month to a year.

Why it matters: Airbnb, long-acquainted with tensions around home-sharing and short-term rentals, is now stepping into the latest housing controversy in its hometown of San Francisco.

Go deeperArrowAug 7, 2019