2Yr·

Good morning everyone,

I would like to ask you today how you $READ (Readly) find?

For one thing, do you use it? And if yes, which magazines you find in the category "Economy & Finance" ? (filtered by language ? "german", otherwise the list would be too long) are really worth reading read? You can see them all in the screenshots. Feel free to name English-language magazines as well.

On the other hand, what do you think of the publicly traded company "Readly"?

Are you invested? Do you see opportunities in this subscription/business model?

Readly is now raising its prices considerably. Let's see what effect this will have on subscriber numbers, since there is already a lot of talk about "mass instead of class" in the magazine and newspaper offering...

Looking forward to your assessment

I wish you a nice weekend.

Best regards

Heiko

7 Comments

Stefan@InvestmentPapa

2Yr

A company that only digitizes newspapers and magazines? Not for me. 🙅🏻‍♂️

•

Heiko@ReichDurchSparen

2Yr

@InvestmentPapa They don't even do that themselves. They just offer it "bundled". 😂👍

••

Stefan@InvestmentPapa

2Yr

@ReichDurchSparen I wanted to get to the point briefly and succinctly. That only makes things worse. I once had an eternal discussion about this with a hardcore fan. It was like reinventing the wheel. 🤦🏻‍♂️

••

Heiko@ReichDurchSparen

2Yr

@InvestmentPapa Well... that's not it. There aren't many other major subscription services of this kind.

It's great the way you wrote it. 👍

And I think that's the case. Don't know 100%

••

Paketknecht@Paketknecht

2Yr

I use Readly and my subscription will run until death or insolvency (of readly 😅) divorces us. I love magazines and I have a whole station newsstand for 10 € a month. I am also invested and have no doubt that readly will be profitable in a few years. But I'm afraid that readly will be swallowed by a big company before then and I won't see my initial price again 🤔 A risk I didn't take into account when I made my investment. But if readly develops the way I think, the price will be somewhere between 50 and 100 € in 20 years, even if digital magazines should remain a niche product, it is a growing market with a scalable business model. What I would find cool is if readly also offered magazines on its platform that are not included in the subscription, and you could then buy them normally, such as Capital. In the financial category, I really like reading "einfach Börse" and "extra etf".

•

Heiko@ReichDurchSparen

2Yr

@Paketknecht great. Thank you for your detailed answer and description. I am also invested and am curious to see where it will go. 🙏☺️

••

Tobias@Slakish

2Yr

Use it sometimes. But I've never paid for it sooo idk

••