Substack

Substack Pauses Fundraising Efforts of Potential 100x Valuation

Substack Pauses Fundraising Efforts of Potential 100x Valuation

Substack stopped fundraising efforts for a round of $75 million to $100 million, the New York Times reported Thursday. Axios reports: The round could have valued the newsletter publication platform between $750 million and $1 billion. But the abandoned plans come amid the market’s cooling and layoffs among…

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