Tedium - The Value Of A Promise 🤞

How much is a promise from a tech company really worth, anyway?

Hunting for the end of the long tail • March 28, 2024

The Value Of A Promise

When you hear a company like Substack or Canva make a promise, you may get pretty cynical that they’re going to keep it. Honestly, I get that.

As a quick follow-up of sorts to yesterday’s piece, I want to talk a little about the pledge Affinity and Canva shared with their user base: A promise that they would continue to keep the Affinity suite affordable and subscription-free.

To be clear, I think that they have largely not suggested that this is a promise they will break. But lots of people seemed convinced that this promise wasn’t really worth very much. After all, if a company decides to eat Canva one day, that could reshape the entire discussion. (Who, exactly, would eat them is up in the air, given their size. They are likely too big for Microsoft to digest, for example.)

I think it’s worth considering how the value of a promise made by a corporation has degraded in the era of enshittifcation. It has turned from a bedrock promise to a slippery fish that you may struggle to grab without the right grip. People remember when promises are broken, but often companies are not really punished for it when it happens, except by perhaps a decline in public interest.

And when a new owner comes into the picture, all bets are off. (Just ask Don Lemon’s journalistic foil.)

When a promise starts to degrade, it often doesn’t happen suddenly. People gradually notice that you’ve busted your value prop in the name of an undisclosed pivot. And when that pivot happens, it can really hurt. The quality fades, as does the investment, and your partnership suddenly looks a lot different than when it started.

TLDR

Want a byte-sized version of Hacker News? Try TLDR’s free daily newsletter.

TLDR covers the most interesting tech, science, and coding news in just 5 minutes.

No sports, politics, or weather.

Subscribe for free!

This week, Substack users not already scared off by the recent Nazi controversy are starting to figure out this is what happened to the platform they use. They jumped onto Substack with the goal of making money from subscriptions, with the promise that they would be able to eventually leave with their list if they wanted to. But a secondary feature, the “follow” feature, was added to the service last year, which makes it possible to follow along with accounts without actually subscribing to their newsletter.

(Annie Spratt/Unsplash)

The result has effectively been a decline in subscriber quality. Writers are getting “followers,” but not subscribers. Followers don’t transfer when you move your list to Ghost or Beehiiv or anywhere else. And folks are noticing, per The Wrap. Jeanna Kadlec, a user of Substack who says she has been affected by this decline, suggests that its recent shift to a social-media-like model seems to hint that the ultimate goal may be to become social media first, newsletters second.

“The whole value proposition of Substack is that it’s a newsletter and writer hub,” she wrote on Threads. “This latest intervention is indicative of their efforts to transition to a social media hub where they can sell ad space.”

If that‘s what ends up happening, it would only just underline the great point that undergirds Cory Doctorow’s greatest contribution to the discourse. Enshittification is not fundamentally about a decline in product quality—it is a big promise being broken, often in a way that makes it hard to notice that the big promise is being dismantled.

First, it starts with a growing newsletter platform building an app, then a social network, then claiming it’s not really a newsletter platform after all. Then, despite running a social network, it decides moderation isn’t something it needs to pay for, and then the truth slowly starts to emerge: You didn’t sign up for a newsletter publishing platform upon which you could build a career. You signed up for a slightly more bookish Tumblr.

I have something like 150,000 followers on Tumblr, a number I attained during Tumblr’s early-2010s peak period. There was a time when that meant something. But it did not necessarily mean I could build a career for myself.

When I hear folks becoming cynical about corporate promises, not backed by anything but the word of the people making the promise, I absolutely understand the cynicism. We’ve heard a lot of promises over the years. Some of our most prominent companies have broken them.

Getting back to the beginning of this rant: Affinity and Canva can make a promise, just like any other company. But the important part is, are they going to keep it?

(And point to John Gruber, who I am not agreeing with very much these days. He correctly pointed out that, with this deal, Affinity has already broken a promise.)

Promised Links

Learning that The Hold Steady’s “Stay Positive” is getting done up as a children’s book makes me reflect on the fact that most Hold Steady songs would definitely not be good choices for children’s books. “Your Little Hoodrat Friend” does not seem like a G-rated song.

Jeff Geerling and his dad have a channel together that covers extremely cool engineering stuff, but never did I think I would be so enthralled by a melting hot dog that could transmit radio signals when touching an RF tower.

Jason Bateman is the only person dressed correctly in this photo.

--

Find this one an interesting read? Share it with a pal! And if you’re looking for a tech-news roundup, TLDR is a great choice. Give ’em a look!

Share this post:

follow on Twitter | privacy policy | advertise with us

Copyright © 2015-2024 Tedium, all rights reserved.

Disclosure: From time to time, we may use affiliate links in our content—but only when it makes sense. Promise.

unsubscribe from this list | view email in browser | sent with Email Octopus

Older messages

A Creative Market Reset 🎨

Thursday, March 28, 2024

Adobe needed some real competition. Now it has some. Here's a version for your browser. Hunting for the end of the long tail • March 27, 2024 A Creative Market Reset Canva's purchase of

Songs About Superman 🦸

Saturday, March 23, 2024

Why are there so many alt-rock songs about Superman? Here's a version for your browser. Hunting for the end of the long tail • March 23, 2024 Today in Tedium: One could argue that in the modern era

The House Always Wins 🎲

Friday, March 22, 2024

The individual is losing out amid media's corporate greed era. Here's a version for your browser. Hunting for the end of the long tail • March 21, 2024 The House Always Wins The drama around G/

Hackintosh In The Pastintosh? 🍎

Tuesday, March 19, 2024

If Hackintosh is dying, it served its purpose. Here's a version for your browser. Hunting for the end of the long tail • March 19, 2024 Hackintosh In The Pastintosh? If the Hackintosh ecosystem is

Digital Training Wheels 🪀

Saturday, March 16, 2024

Kids' tech that might have helped inspired the real thing. Here's a version for your browser. Hunting for the end of the long tail • March 16, 2024 Today in Tedium: For a moment, consider the

You Might Also Like

Import AI 399: 1,000 samples to make a reasoning model; DeepSeek proliferation; Apple's self-driving car simulator

Friday, February 14, 2025

What came before the golem? ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Defining Your Paranoia Level: Navigating Change Without the Overkill

Friday, February 14, 2025

We've all been there: trying to learn something new, only to find our old habits holding us back. We discussed today how our gut feelings about solving problems can sometimes be our own worst enemy

5 ways AI can help with taxes 🪄

Friday, February 14, 2025

Remotely control an iPhone; 💸 50+ early Presidents' Day deals -- ZDNET ZDNET Tech Today - US February 10, 2025 5 ways AI can help you with your taxes (and what not to use it for) 5 ways AI can help

Recurring Automations + Secret Updates

Friday, February 14, 2025

Smarter automations, better templates, and hidden updates to explore 👀 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

The First Provable AI-Proof Game: Introducing Butterfly Wings 4

Friday, February 14, 2025

Top Tech Content sent at Noon! Boost Your Article on HackerNoon for $159.99! Read this email in your browser How are you, @newsletterest1? undefined The Market Today #01 Instagram (Meta) 714.52 -0.32%

GCP Newsletter #437

Friday, February 14, 2025

Welcome to issue #437 February 10th, 2025 News BigQuery Cloud Marketplace Official Blog Partners BigQuery datasets now available on Google Cloud Marketplace - Google Cloud Marketplace now offers

Charted | The 1%'s Share of U.S. Wealth Over Time (1989-2024) 💰

Friday, February 14, 2025

Discover how the share of US wealth held by the top 1% has evolved from 1989 to 2024 in this infographic. View Online | Subscribe | Download Our App Download our app to see thousands of new charts from

The Great Social Media Diaspora & Tapestry is here

Friday, February 14, 2025

Apple introduces new app called 'Apple Invites', The Iconfactory launches Tapestry, beyond the traditional portfolio, and more in this week's issue of Creativerly. Creativerly The Great

Daily Coding Problem: Problem #1689 [Medium]

Friday, February 14, 2025

Daily Coding Problem Good morning! Here's your coding interview problem for today. This problem was asked by Google. Given a linked list, sort it in O(n log n) time and constant space. For example,

📧 Stop Conflating CQRS and MediatR

Friday, February 14, 2025

​ Stop Conflating CQRS and MediatR Read on: m​y website / Read time: 4 minutes The .NET Weekly is brought to you by: Step right up to the Generative AI Use Cases Repository! See how MongoDB powers your