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- Nov 2019
In a world of publishing platforms that are dominated by venture capital-backed operations, (even the newsletter platform Substack has raised $17.5m in VC funding) this is a refreshing state-of-affairs. The Ghost Foundation has an annual run rate of $1.73m (and posts this publicly) — and hasn't taken VC money. Ghost was actually launched as a Kickstarter, which long-term readers might remember…
Something to watch with respect to this is Jonah Goldberg and Steven Hayes who are working with Substack to put out a membership driven news website.