Investor Due Diligence Report
by DER SPIEGEL
How Germany and Europe see Donald Trump, the U.S., and global crises through the lens of independent journalism.
10K
1K paid
~0%
Subscriber count is a platform estimate
Insufficient data
16 of 30 days needed
Pricing
$5/mo
$50/yr annual option
$4K
1K paid subs
$4K/mo – $4K/mo(±0%)
1.0
17.8
0.19%
(comments + likes) / subscribers
~4x per week
3.8 posts/week
68/100
Consistent (~1.9d avg)
| Newsletter | Subscribers | Weekly Growth | Price | Platform |
|---|---|---|---|---|
| Under the Desk News | 184K | -0.3% | $7/mo | substack |
| Katie Couric | 132K | +1.2% | $7/mo | substack |
| Michael Wolff | 86K | +3.8% | $8/mo | substack |
| Blocked and Reported | 82K | N/A | $7/mo | substack |
| Month | Subscribers | Est. Revenue | Change |
|---|---|---|---|
| Feb 2026 | 5K | $1,987.5 | — |
| Mar 2026 | 9K | $3,577.5 | +80.0% |
| Apr 2026 | 10K | $3,975 | +11.1% |
Platform Dependency
Hosted on substack subdomain
Publishing Consistency
Variable publishing frequency
Key Person
Single-author publication — key-person dependency
Audience Concentration
Some posts outperform significantly
Subscriber threshold
10K subscribers — above the 3K category median for first paid tier
Has paid tier
Active paid subscription offering
Peer monetization
100% of 129 similar-size peers in Media have paid tiers
Pricing position
$5/mo vs $27.24/mo category average (845 newsletters)
| Date | Monthly | Annual |
|---|---|---|
| Mar 2026 | $5 | $50 |
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 | 50/100 | 30% |
| Paid Subscriber Ratio | 90/100 | 25% |
| Publishing Consistency | 47/100 | 10% |
| 70K |
| -0.7% |
| $5/mo |
| substack |
Revenue Model
Active paid subscription tier