Gergely Orosz: belief

Transcript context

…Awesome. On the newsletter, just to give people a little bit of context of how big this has gotten, can you share just a couple stats about the growth of the newsletter, the size, and anything else you want to share there? Just today I checked and it said 189,000 subscribers. I think the past 90 days has been growing with 80,000 subscribers, so it's almost a thousand people per day, which is incredible. Because these numbers are huge. If you're listening, you're probably thinking, "Wow." And that's how I feel every day as well. But I've been writing a blog for many, many years, and these are numbers I never thought it would be. And the growth just seems to be accelerating. There was a tipping point in April where the newsletter was growing... In the first about nine months of the newsletter, it got to 50,000 subscribers, and then the next five months, or six or seven months, it went up by another a hundred and something thousand subscribers. This was when Substack introduced recommendations, which has been a massive growth engine, and I guess being one of the top publications, I benefited from it. But those numbers are again... So this is a paid newsletter as well. So there's a free version and a paid version, and there's thousands of people paying for the newsletter. It's a single digit percentage, but it's a very, very healthy one. And again, it just beat all my expectations. And I guess we're in similar boats, because our newsletter setup, yours and mine, is somewhat similar. We have plenty of differences as well, but I make most of my revenue from subscriptions, and I don't do sponsorships or ads in the newsletter. So if people sign up for the free one, they get articles every now and then, and for the paid one, they get it a lot more and in more depth. Can you give listeners a sense of just the order of magnitude income you make from this, versus your cushy tech job at Uber? You don't have to share numbers or anything like that.…

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