Medium

Medium

Open platform for writers and readers

About Medium

Simplify's Rating
Why Medium is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Consulting

Consumer Software

Entertainment

Company Size

5,001-10,000

Company Stage

Grant

Total Funding

$128.4M

Headquarters

San Francisco, California

Founded

2012

Overview

Medium is an open platform that enables writers to share their ideas on various topics and connect with a large audience. It accommodates both established and emerging voices, fostering a space for diverse viewpoints and engaging discussions. The platform operates on a freemium model, offering basic services for free while providing premium features through subscriptions, which include access to exclusive content and improved reading experiences. Medium generates revenue from these subscriptions, as well as through partnerships and sponsored content. It serves a broad audience, including individual writers, readers looking for quality articles, and businesses aiming to engage a specific audience through content marketing. Medium distinguishes itself in the digital media and publishing sector with its user-friendly interface and community-focused approach.

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing interest in decentralized content platforms could inspire Medium to explore similar features.
  • AI-driven content curation tools can enhance personalized content delivery on Medium.
  • The rise of the creator economy presents monetization opportunities for Medium through direct support.

What critics are saying

  • Departure of key executives may lead to strategic and operational challenges for Medium.
  • Entry into the cryptocurrency market exposes Medium to financial volatility and regulatory scrutiny.
  • Blockchain-based content platforms pose a competitive threat to Medium's market position.

What makes Medium unique

  • Medium offers a freemium model with premium features for exclusive content access.
  • The platform supports both expert and undiscovered voices, fostering diverse perspectives.
  • Medium's user-friendly interface enhances content creation and distribution for writers.

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Funding

Total Funding

$128.4M

Above

Industry Average

Funded Over

4 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Health insurance

401(k)

Paid time off

Lunch every day

Generous education budget

Onsite meditation, yoga, and gym membership reimbursement

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
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myEUspace competition | EU Agency for the Space Programme

Space is essential to the way we live, work and play. EUSPA’s core mission is to implement the EU Space Programme and to provide reliable, safe and secure space-related services, maximising their socio-economic benefits for European society and business.

Business Wire
Mar 30th, 2022
Layerzero Labs Raises $135 Million To Create Omnichain Crypto Networks

VANCOUVER, British Columbia--(BUSINESS WIRE)--LayerZero Labs today announced that it raised $135 million in a round co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz and with participation from Coinbase Ventures, PayPal Ventures, Tiger Global, Uniswap Labs, and more. This funding round values LayerZero Labs at $1 billion and will accelerate the development of cross-chain decentralized applications (dApps) powered by LayerZero, a decentralized omnichain interoperability protocol. “

Business Wire
Mar 16th, 2022
Sippey left Medium Corporation as Chief Product Offer on Feb 16th 22'.

Sippey joins Outside most recently from Medium, where he was Chief Product Offer.

Think with Niche
Mar 12th, 2022
Medium Corporation launched MSME Innovation Scheme on Mar 10th 22'.

On Thursday, the Ministry of the Micro, Small, and Medium Enterprise ( MSME ) has launched a new MSME Innovation Scheme.

O'Dwyer's
Mar 10th, 2022
Tropen leaves Medium Corporation as senior vice president of marketing and content

Tropen joins the company from online publishing platform Medium, where she was senior vice president of marketing and content.

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