RPG Drop - TTRPGs & Crowdfunding

Investor Due Diligence Report

by Art

ghostFinance

Independent hub for facts about tabletop roleplaying games and crowdfunding

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Key Metrics

Subscribers

Low confidence

Weekly Growth

~0%

Subscriber count is a platform estimate

Revenue Analysis

Pricing

$5/mo

$50/yr annual option

Est. Monthly Revenue

$508

~115 est. paid subs

$254/mo – $762/mo(±50%)

Quality & Publishing

Audience Quality Score

50Fair

0100

Publishing Pace

Previously Bi-weekly

0.5 posts/week

Publishing Consistency

64/100

Consistent (~18.5d avg)

Competitive Landscape (Finance)

Newsletter	Subscribers	Weekly Growth	Price	Platform
Graham’s Newsletter	39K	N/A	Free	substack
10x Research Market Updates	32K	-1.6%	$250/mo	substack
FAANG FIRE	26K	N/A	$10/mo	substack
The Bubble Bubble Report	24K	N/A	$25/mo	substack

Revenue Trajectory

Estimated monthly revenue over time

Month	Subscribers	Est. Revenue	Change
Feb 2026	3K	$1,523.75	—
Mar 2026	2K	$1,015.83	-33.3%
Apr 2026	2K	$1,015.83	~0%
May 2026	1K	$507.92	-50.0%
Jun 2026	1K	$507.92	~0%
Jul 2026	1K

Risk Assessment

Key risk factors for due diligence

Medium

Platform Dependency

Uses ghost platform

Medium

Publishing Consistency

Variable publishing frequency

Medium

Key Person

Single-author publication — key-person dependency

Low

Revenue Model

Active paid subscription tier

Monetization Readiness

Monetization status

Subscriber threshold

1K subscribers — below the 3K category median (based on 723 newsletters)

Has paid tier

Active paid subscription offering

Peer monetization

100% of 431 similar-size peers in Finance have paid tiers

Pricing position

$5/mo vs $13.08/mo category median (1173 newsletters)

Pricing History

Date	Monthly	Annual
Mar 2026	$5	$50

Data Quality

Report Data QualityPartial - Some metrics estimated or missing

Subscriber Confidencelow

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.