I don't see why anyone would pay FoM rates now. It's clearly a scam, because the money isn't going 'to the writers you love', and in any event, for clarity's sake, everyone needs to know just how fucked Medium's finances are in the worst-case scenario, which means no voluntary triple-rate subs.
Exodus of some, FoM cancelled by all - how does the bottom line look?
The CEO just said - trying rather poorly to make it sound like he was the writers' champion - that 'if there was $1.01 in the pot, he would pay writers the $1.00 and keep the $0.01 profit' (or was it the other way round? - finances don't seem to be his strong suit).
Fine. So how does it look when there's $0.01 in the pot because everyone's walked or cut their sub by 2/3?
Because given the mismanagement seen over recent months, that surely has to be the end game before long.