OLD GOATS with Jonathan Alter
Investor Due Diligence Report
substackMedia
Ruminating on politics and power.
78K
7.4K paid
~0%
Subscriber count is a platform estimate
-0.0%
net churn
Pricing
$6/mo
$60/yr annual option
$35K
7.4K paid subs
$35K/mo – $35K/mo(±0%)
16.6
363.5
0.49%
(comments + likes) / subscribers
Weekly
1.3 posts/week
51/100
Variable (~6.4d avg)
| Newsletter | Subscribers | Weekly Growth | Price | Platform |
|---|---|---|---|---|
| The Women Post | 36K | N/A | $8/mo | substack |
| 7x7 | 19K | N/A | Free | substack |
| Bubble Pop with Rachel Gilmore | 19K | N/A | $8/mo | substack |
| Dissent in Bloom | 18K | N/A | $6/mo | substack |
| Month | Subscribers | Est. Revenue | Change |
|---|---|---|---|
| Feb 2026 | 78K | $35,345.7 | — |
| Mar 2026 | 78K | $35,345.7 | ~0% |
| Apr 2026 | 78K | $35,345.7 | ~0% |
| May 2026 | 78K | $35,345.7 | ~0% |
| Jun 2026 | 78K | $35,345.7 | ~0% |
Platform Dependency
Hosted on substack subdomain
Publishing Consistency
Variable publishing frequency
Key Person
Single-author publication — key-person dependency
Audience Concentration
Hit-driven — top post engagement 3x+ above average
Subscriber threshold
78K subscribers — above the 3K category median for first paid tier
Has paid tier
Active paid subscription offering
Peer monetization
100% of 37 similar-size peers in Media have paid tiers
Pricing position
$6/mo vs $6/mo category median (858 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 | 61/100 | 30% |
| Paid Subscriber Ratio | 100/100 | 25% |
| Publishing Consistency | 55/100 | 10% |
| Channel 4 News |
| 18K |
| N/A |
| Free |
| substack |
Revenue Model
Active paid subscription tier