A
“More than 50 people” are making over $1 million a year on Substack.
CEO Chris Best drops that fact onstage at The Information’s “Future of Influence” event in Los Angeles. He also says Substack was “accidentally cash flow positive” in the first quarter of this year, but isn’t planning to be profitable soon. “We’re focused on growth,” he says. “It turns out that when you do that, it makes the business grow really well, too.”
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Most Popular
Most Popular
- Epic just won its Google lawsuit again, and Android may never be the same
- Nintendo Switch prices are going up after this weekend
- Google’s Pixel Tablet is $190 off for a limited time
- Google has just two weeks to begin cracking open Android, it admits in emergency filing
- Samsung TVs are coming back online after apps stopped working