Patel says Substack monetization reached hundreds of thousands in months, then millions before he left the platform.
“It got to a few $100,000 of revenue and I was like, Holy crap. And then I was able to start hiring. And then I left when we hit a few million of revenue.”
Patel left Substack initially after reaching a few million in revenue to avoid the 10% fee.
“And then I left when we hit a few million of revenue. More and more of the revenue was coming from not Substack. The reason was like, Hey, Substack takes 10%.”
Patel says his Substack revenue alone reached multi-million dollars, sufficient to fund significant coverage.
“Now, scaled to be And it has scaled to be multi million dollar Substack revenue.”
Patel says Substack revenue alone reached multi-million dollars before expanding beyond the platform.
“Now, scaled to be And it has scaled to be multi million dollar Substack revenue. Obviously, built a lot of business beyond that, even that is good enough”
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