Investor Due Diligence Report
by Letter from Berlin
Food, books & stories from my Berlin kitchen.
12K
1.2K paid
~0%
Subscriber count is a platform estimate
Pricing
$6/mo
$60/yr annual option
$6K
1.2K paid subs
$6K/mo – $6K/mo(±0%)
Monthly
0.2 posts/week
63/100
Consistent (~33.0d avg)
| Newsletter | Subscribers | Weekly Growth | Price | Platform |
|---|---|---|---|---|
| the sunday stack | 264K | -0.2% | $8/mo | substack |
| David Lebovitz Newsletter | 258K | N/A | $5/mo | substack |
| Violet’s Substack | 231K | +0.4% | $6/mo | substack |
| postcards by elle | 120K | +0.4% | $5/mo | substack |
| Month | Subscribers | Est. Revenue | Change |
|---|---|---|---|
| Feb 2026 | 12K | $5,724 | — |
| Mar 2026 | 12K | $5,724 | ~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
12K subscribers — above the 3K category median for first paid tier
Has paid tier
Active paid subscription offering
Peer monetization
100% of 169 similar-size peers in Food have paid tiers
Pricing position
$6/mo vs $9.3/mo category average (859 newsletters)
| Date | Monthly | Annual |
|---|---|---|
| Mar 2026 | $6 | $60 |
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 | 90/100 | 25% |
| Heather's IBS Newsletter - Help for Irritable Bowel Syndrome |
| 65K |
| N/A |
| $5/mo |
| substack |