Ajfriesen
Investor Due Diligence Report
by Andrej Friesen
ghostTravel
From Prototype to Production: My Open Hardware Journey.
1K
~0%
Subscriber count is a platform estimate
Pricing
$2/mo
$20/yr annual option
$177
~100 est. paid subs
$88/mo – $265/mo(±50%)
Monthly
0.3 posts/week
53/100
Variable (~33.0d avg)
| Newsletter | Subscribers | Weekly Growth | Price | Platform |
|---|---|---|---|---|
| Way to Go | 180K | N/A | $8/mo | substack |
| Club Yolo | 138K | N/A | $5/mo | substack |
| Hotel Espresso, with HAP | 85K | N/A | Free | substack |
| Oldster Magazine | 85K | N/A | $6/mo | substack |
| Month | Subscribers | Est. Revenue | Change |
|---|---|---|---|
| Feb 2026 | 8K | $1,413.33 | — |
| Mar 2026 | 2K | $353.33 | -75.0% |
| Apr 2026 | 2.5K | $441.67 | +25.0% |
| May 2026 | 1K | $176.67 | -60.0% |
| Jun 2026 | 1K | $176.67 | ~0% |
| Jul 2026 | 1K | $176.67 |
Platform Dependency
Uses ghost platform
Publishing Consistency
Variable publishing frequency
Key Person
Single-author publication — key-person dependency
Revenue Model
Active paid subscription tier
Subscriber threshold
1K subscribers — above the 1K category median for first paid tier
Has paid tier
Active paid subscription offering
Peer monetization
100% of 173 similar-size peers in Travel have paid tiers
Pricing position
$2/mo vs $5/mo category median (352 newsletters)
| Date | Monthly | Annual |
|---|---|---|
| Mar 2026 | $2 | $20 |
Disclaimer: This report is generated automatically based on publicly available data and proprietary estimation models. Estimated subscriber counts are derived from engagement patterns and should be verified through direct disclosure. Revenue estimates are based on known pricing and estimated paid subscriber counts. This report is for informational purposes only and should not be the sole basis for investment decisions.
| Sarah Kendzior’s Newsletter |
| 70K |
| N/A |
| $8/mo |
| substack |
| ~0% |