Substack Says “Not In Financial Trouble” Despite Posting Negative Revenue

When newsletter platform Substack launched a crowdfunding campaign last month, one of the criteria it had to follow was to publish its financials for 2020 and 2021, which surprised many by showing a year of negative income. Specifically for 2021, while the company had total gross revenue of $11.9 million, it ended having total revenues … Continue reading Substack Says “Not In Financial Trouble” Despite Posting Negative Revenue