The Closing Line
Investor Due Diligence Report
substackBusiness
US gambling industry news, opinions and analysis, with a focus on sports betting and online gambling.
5K
350 paid
N/A
Pricing
$8/mo
$80/yr annual option
$2K
350 paid subs
$2K/mo – $2K/mo(±0%)
0.1
6.2
0.13%
(comments + likes) / subscribers
Previously ~4x per week
3.9 posts/week
61/100
Consistent (~2.4d avg)
| Newsletter | Subscribers | Weekly Growth | Price | Platform |
|---|---|---|---|---|
| Founding Journey | 240K | N/A | $50/mo | substack |
| The Stoic Manual | 122K | +2.8% | $20/mo | substack |
| Clouded Judgement | 87K | N/A | Free | substack |
| Employable by Qureos | 85K | N/A | Free | substack |
| Month | Subscribers | Est. Revenue | Change |
|---|---|---|---|
| Feb 2026 | 5K | $2,226 | — |
| Mar 2026 | 5K | $2,226 | ~0% |
Platform Dependency
Hosted on substack subdomain
Publishing Consistency
Variable publishing frequency
Key Person
Single-author publication — key-person dependency
Revenue Model
Active paid subscription tier
Subscriber threshold
5K subscribers — above the 2K category median for first paid tier
Has paid tier
Active paid subscription offering
Peer monetization
100% of 261 similar-size peers in Business have paid tiers
Pricing position
$8/mo vs $7/mo category median (1514 newsletters)
| Date | Monthly | Annual |
|---|---|---|
| Mar 2026 | $8 | $80 |
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.
Score based on available components only.
| Component | Score | Weight |
|---|---|---|
| Engagement Rate | 49/100 | 30% |
| Paid Subscriber Ratio | 75/100 | 25% |
| Publishing Consistency | 17/100 | 10% |
| GTM Vault |
| 26K |
| N/A |
| $10/mo |
| substack |