Pure Silicon Valley: Medium asks $5 a month for absolutely nothing

Think of it as being your own mini-VC without shares. Silicon Valley prides itself on disrupting industries – but it has bitten off more than it can chew by trying to take on an already highly competitive market suffering from major money woes. Fancy blog platform Medium has been burning through VC money at the rate of $50m a year trying to take on the world of publishers. It has certainly succeeded in getting hits – at least within the confines of the Bay Area, where it has become the go-to site for tech musings...
Read more: https://www.theregister.co.uk/2017/03/24/medium_five_bucks_a_month_for_nothing/?source=Snapzu