How To Calculate Substack's Total Addressable Market

Estimating Substack's massive potential and motivating the masses to make the switch to Substack

Comrades: Substack has only reached less than 1% of its total addressable market. The upside is immense. LFG!

Substack has made impressive progress in seven years. It is currently generating ~$30 million in net recurring revenue ($300 million gross) with 20 million users. 1,000+ writers make $100,000+ annually, which is more 6-figure authors than the Big…