Nathan Baschez is the cofounder and CEO of AI word processor Lex. He cofounded Every, was the first employee at Substack, and co-created Product Hunt.
[preview] How Competition Works
It's not like war. But it's not third-grade art class, either.
Dec 20, 2019 · 4 min readUpdated Dec 17, 2025
Hello, Divinators! 🕯🔮
Before we start, a few quick things:
- Yesterday’s email went out with an incorrect preamble! I forgot to update it since the last email went out (for the Strategy Drunk post), and it incorrectly said that this was a bonus post, and that the first weekly interview would be out next Thursday. In fact, it was that first weekly interview! Not a huge deal, but wanted to make note of it, as it was a bit confusing for some.
- To all who have shared Divinations so far: thank you! Seriously — this means the world to me. We’re up to 162 paying subscribers and 1,165 on the free list. That means this thing has already generated enough cash for me to pay rent in January! (Most of that is because of people getting the yearly plan, but still!) Great progress towards the goal of sustainability.
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