Investor Due Diligence Report
by Letters from an American
A newsletter about the history behind today's politics.
2.9M
217.5K paid
~0%
Subscriber count is a platform estimate
-0.0%
net churn
Pricing
$5/mo
$50/yr annual option
$865K
217.5K paid subs
$605K/mo – $1.1M/mo(±30%)
296.7
4.1K
0.15%
(comments + likes) / subscribers
Daily
13.8 posts/week
93/100
Very Consistent (~1.1d avg)
| Newsletter | Subscribers | Weekly Growth | Price | Platform |
|---|---|---|---|---|
| The Good in Us by Mary L. Trump | 384K | +0.3% | $6/mo | substack |
| Public Notice | 274K | N/A | $6/mo | substack |
| Welcome to Joy's House! | 210K | +0.5% | $8/mo | substack |
| Why It Matters | 205K | N/A | $7/mo | substack |
| Month | Subscribers | Est. Revenue | Change |
|---|---|---|---|
| Jan 2026 | 2.9M | $989,103.23 | — |
| Feb 2026 | 2.9M | $1,001,103.75 | ~0% |
| Mar 2026 | 2.9M | $994,246.88 | ~0% |
| Apr 2026 | 2.9M | $994,246.88 | ~0% |
Platform Dependency
Hosted on substack subdomain
Publishing Consistency
Regular publishing schedule
Key Person
Single-author publication — key-person dependency
Audience Concentration
Some posts outperform significantly
Subscriber threshold
2.9M subscribers — above the 6K category median for first paid tier
Has paid tier
Active paid subscription offering
Pricing position
$5/mo vs $7.79/mo category average (1167 newsletters)
| Date | Monthly | Annual |
|---|---|---|
| Jan 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 | 100/100 | 30% |
| Paid Subscriber Ratio | 100/100 | 25% |
| Publishing Consistency | 72/100 | 10% |
| Phillips’s Newsletter |
| 112K |
| +0.5% |
| $8/mo |
| substack |
Revenue Model
Active paid subscription tier