No Grass in the Clouds

Investor Due Diligence Report

substackSports

Demystifying soccer -- one shot, and one sweater, at a time.

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Key Metrics

Subscribers

Verified

Weekly Growth

N/A

Engagement

Avg Comments/Post

1.0

Avg Likes/Post

19.0

Engagement Rate

0.25%

(comments + likes) / subscribers

Quality & Publishing

Audience Quality Score

66Fair

0100

Publishing Pace

Weekly

1.0 posts/week

Score based on available components only.

Component	Score	Weight

Competitive Landscape (Sports)

Newsletter	Subscribers	Weekly Growth	Price	Platform
Culture of Sport	180K	N/A	$13/mo	substack
Huddle Up	135K	N/A	$15/mo	substack
The Long Game	14K	N/A	$6/mo	substack
The Dumb Zone	10K	N/A	$9.6/mo	substack

Risk Assessment

Key risk factors for due diligence

High

Platform Dependency

Hosted on substack subdomain

Medium

Key Person

Single-author publication — key-person dependency

High

Revenue Model

Pre-monetization — no paid subscription tier

Monetization Readiness

Readiness for paid subscriptions

Subscriber threshold

8K subscribers — above the 2K category median for first paid tier

Has paid tier

No paid subscription tier yet

Peer monetization

100% of 57 similar-size peers in Sports have paid tiers

Data Quality

Report Data QualityLimited - Key metrics unavailable

Subscriber Confidenceverified

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.