Investor Due Diligence Report
Opening the future by understanding the past.
439K
26.1K paid
+0.2%
Insufficient data
21 of 30 days needed
Pricing
$7.5/mo
$75/yr annual option
$156K
26.1K paid subs
$156K/mo – $156K/mo(±0%)
75.0
2.5K
0.59%
(comments + likes) / subscribers
Weekly
1.3 posts/week
44/100
Variable (~5.6d avg)
| Newsletter | Subscribers | Weekly Growth | Price | Platform |
|---|---|---|---|---|
| Public Notice | 274K | +0.2% | $6/mo | substack |
| Lucid | 210K | N/A | $5/mo | substack |
| The Last Ward | 119K | +4.1% | $10/mo | substack |
| OpenTheBooks | 112K | N/A | Free | substack |
| Phillips’s Newsletter |
| Month | Subscribers | Est. Revenue | Change |
|---|---|---|---|
| Feb 2026 | 426K | $248,290.43 | — |
| Mar 2026 | 437K | $254,700.11 | +2.6% |
| Apr 2026 | 438.5K | $255,570.64 | ~0% |
Platform Dependency
Hosted on substack subdomain
Publishing Consistency
Variable publishing frequency
Key Person
Single-author publication — key-person dependency
Audience Concentration
Consistent engagement across posts
Subscriber threshold
439K subscribers — above the 6K category median for first paid tier
Has paid tier
Active paid subscription offering
Peer monetization
100% of 21 similar-size peers in Politics have paid tiers
Pricing position
$7.5/mo vs $14.14/mo category average (1193 newsletters)
| Date | Monthly | Annual |
|---|---|---|
| Mar 2026 | $8 | $75 |
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 | 43/100 | 10% |
| 112K |
| +0.5% |
| $8/mo |
| substack |
Revenue Model
Active paid subscription tier