Surprised something like a simple platform for paid email newsletters would be something that catches the eye of VCs hoping to find the next unicorn. The best case scenario feels like Medium, which to my knowledge has changed course dozens of times and doesn't seem to be going particularly well.
The current subscriber figure I've seen is around 50k paid subscribers across all newsletters. I think even in a best case scenario of having 1m subscribers pay $10/month, that is 1m x $10/mo x 12mo x 10% = $12m in revenue/year (at 20x the current subscriber rate). Unclear how that translates to a VC-sized unicorn biz.
The current subscriber figure I've seen is around 50k paid subscribers across all newsletters. I think even in a best case scenario of having 1m subscribers pay $10/month, that is 1m x $10/mo x 12mo x 10% = $12m in revenue/year (at 20x the current subscriber rate). Unclear how that translates to a VC-sized unicorn biz.