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Technically their sales would be the full subscription fees, no? So price to sales would be considerably lower. Your point stands with price to revenue though
by tempestn 4y ago
Technically their sales would be the full subscription fees, no? So price to sales would be considerably lower. Your point stands with price to revenue though. That said, Substack has an insane amount of brand recognition for a company that only generates $9M in annual revenue, so it doesn't tell the whole story.
- edmundsauto 4y agoWhat are they odds they switch to ad-supported when they realize their $9M in rev share is worth less than if they just ran ads? I hope they succeed, but if they don't - I hope people realize the value of the ad revenue model.