Twitter Is Taking a Shot at Substack

Twitter Is Taking a Shot at Substack
Evan Niu, CFA, The Motley Fool
·3 min read

Paid newsletter start-up Substack has been exploding in popularity over the past couple of years. Twitter (NYSE: TWTR) is now taking a direct shot at Substack by acquiring competing paid newsletter platform Revue. Acknowledging that Twitter has become an important source of news and public conversation, the company says that the acquisition is designed to make the platform a "better home for writers."