Here's @Sarahp's coverage of sub.club in TechCrunch https://techcrunch.com/2024/08/29/sub-club-aims-to-fund-the-fediverse-via-premium-feeds/
And see, I was iright about the VC aspects!
"The potential for sub.club could grow alongside the open social web. When Meta’s Threads fully integrates with ActivityPub, it would bring a new class of creators into the fediverse, and they may be looking for alternative means of monetization beyond advertising, which the fediverse generally avoids. (Threads, however, may not).
That’s a potentially monetizable activity, Decrem thinks, which is why Mammoth and sub.club’s parent company, The Blvd. Inc., is seeking to raise a seed round.
“If people start building little apps, you’ll start seeing entrepreneurial activity and money flowing through the system. And I think that’s exciting to a class of investors,” Decrem said."