Substack celebrates its first birthday with 25K paying newsletter subscribers

INSUBCONTINENT EXCLUSIVE:
Today, on its first birthday, the startup has a simple message: Yes, people really are willing to pay for newsletters.In fact, the company
says there are more than 25,000 paying subscribers for Substack -powered newsletters (up from 11,000 in July)
And newsletters published on the platform reach a total of 150,000 paying active readers.Co-founder and CEO Chris Best described the pitch
like gift subscriptions, podcast support Subscriber-only comments, which have the bonus of reducing troll-ish commentary from random
Since then, writers like Judd Legum (who quit his job as editor in chief of ThinkProgress to launch his newsletter Popular Information),
Toast founders Nicole Cliffe and Daniel Mallory Ortberg and Slate political correspondent Jamelle Bouie have also used Substack to create
The kinds of writers who make it work are people who have a dedicated following, that have a particular point of view that makes them
to start charging their existence audience for their work