- [chatprd: 100k+ pms, six-figure rev, solo + 9 agents](https://www.cursive.media/articles/claire-vo) — cursive.media (2025, reporting). chatprd: 100k+ pms, six-figure rev, solo + 9 agents; thanksgiving-weekend build
- [mckenzie×hobart: the levine/diff/bam/rubinstein cohort](https://www.complexsystemspodcast.com/episodes/writing-history-byrne-hobart/) — complexsystemspodcast.com (2024, interview). mckenzie×hobart: the levine/diff/bam/rubinstein cohort; boom via stripe press
- [hundreds, someday thousands](https://www.csisoftware.com/wp-content/uploads/2026/04/2017-presidents-letter-1.pdf) — csisoftware.com (2017, reporting). "hundreds, someday thousands"; vms playbook
- [cora marketing: briefs, drafting in your voice](https://cora.computer/) — cora.computer (undated, primary). cora marketing: briefs, drafting in your voice; google verified/casa
- [plus one connects cora/spiral/proof](https://www.linkedin.com/posts/danshipper_breaking-introducing-plus-ones-a-hosted-activity-7442953865685286914-2AAN) — linkedin (2026-03-26, community). plus one connects cora/spiral/proof; "parallel org chart of ai coworkers"
- [defector](https://defector.com/defector-annual-report-year-five) — defector (2025, repo). $4.65m rev; ~40k+ paid; "tough sledding" on new subs
- [$5–10m rev](https://www.adweek.com/media/the-dispatch-conservatism-moment/) — adweek (2025, reporting). $5–10m rev; ~45k paid; 80% subs
- [~40k paid](https://therebooting.substack.com/p/the-dispatch-nears-40k-paid-subscribers) — therebooting.substack.com (2023, reporting). ~40k paid; 17% free→paid conversion; left substack
- [~387k subs](https://substack.com/@doomberg) — substack (undated, reporting). ~387k subs; ~#3 finance; anon operator
- [newsletter bundles dont work](https://www.elysian.press/p/newsletter-bundles-dont-work) — elysian (2025, interview). "newsletter bundles don't work"; armstrong exit; attribution problem
- [evernote ~$100m recurring revenue at sale](https://evernote.com/blog/bending-spoons-to-acquire-evernote) — evernote.com (2022-11-16, reporting). evernote ~$100m recurring revenue at sale
- [plus ones more frustration than efficiency](https://every.to/source-code/we-gave-every-employee-an-ai-agent-here-s-what-we-re-doing-differently-now) — every (2026, primary). plus ones "more frustration than efficiency"; openclaw unstable; eyeing claude managed agents; katie parrott/r2-c2 details
- [current product list](https://help.every.to/en/articles/13199121-what-is-every) — help.every.to (undated, primary). current product list; "practitioners who build with ai daily"
- [50% rev share](https://every.to/write) — every (undated, reporting). 50% rev share; list portability on exit
- [cybernaut lead apr 2021–mar 2023](https://www.linkedin.com/in/fadekeadegbuyi) — linkedin (undated, reporting). cybernaut lead apr 2021–mar 2023; every 20–30 employees (+40% yoy)
- [oct 2024 start](https://www.fastcompany.com/91503531/tbpn-most-innovative-companies-2026) — fast company (2026, primary). oct 2024 start; 130k+ concurrent; x-native
- [~$150m reported](https://www.cnbc.com/2025/10/06/paramount-skydance-to-acquire-bari-weiss-founded-free-press.html) — cnbc (2025-10-06, reporting). ~$150m reported; 1.5m subs/170k+ paid
- [paramount acquires free press](https://ir.paramount.com/news-releases/news-release-details/paramount-announces-deal-acquire-free-press) — ir.paramount.com (2025-10-06, reporting). paramount acquires free press; weiss→cbs eic
- [andreessen media company that monetizes via investing](https://www.thefreshsalmon.com/p/marc-andreessen-s-warning-we-re-a-media-company-now) — thefreshsalmon.com (2025-04, reference). andreessen "media company that monetizes via investing"; turpentine acquisition
- [$68m b at $2](https://techcrunch.com/2025/11/10/ai-powerpoint-killer-gamma-hits-2-1b-valuation-100m-arr-founder-says/) — techcrunch (2025-11-10, reporting). $68m b at $2.1b; $100m arr; ~50 staff; 70m users
- [oct 2003](https://en.wikipedia.org/wiki/Gawker_Media) — wikipedia (undated, reference). oct 2003; network of blogs; $48.7m rev 2015
- [thegeneralist.substack.com](https://thegeneralist.substack.com/p/generalist-capital-in-search-of-epics) — thegeneralist.substack.com (2022-07-21, reporting). $12.25m fund off the generalist (132k+ subs)
- [cable bundle economics](https://stratechery.com/2017/the-great-unbundling/) — stratechery (2017-01, reference). cable bundle economics; four jobs unbundled
- [efounders→hexa studio model (2011)](https://www.hexa.com/blog/news/efounders-letter-7----cracking-the-startup-studio-model) — hexa (undated, reporting). efounders→hexa studio model (2011)
- [hubspot→the hustle ~$27m](https://www.axios.com/2021/02/03/hubspot-acquisition-the-hustle) — axios (2021-02-03, reporting). hubspot→the hustle ~$27m
- [stripe buys media/community for founders](https://techcrunch.com/2017/04/11/stripe-acquires-indie-hackers-a-knowledge-sharing-community-for-entrepreneurs/) — techcrunch (2017-04-11, reporting). stripe buys media/community for founders
- [$39/$399](https://allthingsd.com/20131204/ex-wsj-reporters-new-subscription-tech-site-the-information-launches/) — allthingsd (2013-12-04, reporting). $39/$399; no ads; subscription-first b2b
- [dec 2013](https://en.wikipedia.org/wiki/The_Information_(website)) — wikipedia (undated, reference). dec 2013; ~60 employees; "next wsj" ambition
- [every ~75k readers (2023)](https://jimruttshow.blubrry.net/currents-dan-shipper/) — jimruttshow.blubrry.net (2023, interview). every ~75k readers (2023); firefly→pega bio
- [patio11 bio: software cos→stripe→bits about money](https://www.kalzumeus.com/about/) — patrick mckenzie (undated, primary). patio11 bio: software cos→stripe→bits about money
- [vibe coding coinage (archived: https://archive](https://x.com/karpathy/status/1886192184808149383) — x (2025-02-02, community). "vibe coding" coinage (archived: https://archive.ph/ynsta)
- [newsletter 2022/podcast 2023](https://www.latent.space/about) — latent space (undated, reporting). newsletter 2022/podcast 2023; 200k+ subs/10m across channels
- [consulting ~$1–2m](https://www.leanboat.io/blog/15-person-ai-native-services-company) — leanboat.io (2025, reference). consulting ~$1–2m; memory-layer reading of master plan ii
- [how i ai = first addition to lennys podcast network](https://www.lennysnewsletter.com/p/announcing-a-brand-new-podcast-how) — lenny's newsletter (2025-04-21, reporting). how i ai = first addition to lenny's podcast network; vo host
- [businessabc.net](https://businessabc.net/wiki/lenny-rachitsky) — businessabc.net (2026, reporting). 1.2m+ subs; 30k-person slack community; summit
- [the leverage first edition](https://www.gettheleverage.com/p/the-weekend-leverage-first-edition) — the leverage (2025-04-27, reporting). the leverage first edition; mercury sponsor
- [armstrong leaves every, launches the leverage](https://talkingbiznews.com/media-news/tech-journalist-starts-the-leverage/) — talkingbiznews.com (2025-04-23, reporting). armstrong leaves every, launches the leverage
- [$50m→shutdown <1 yr](https://www.nytimes.com/2024/01/31/business/media/messenger-closing-down.html) — the new york times (2024-01-31, reporting). $50m→shutdown <1 yr; ~$38m burned/$3m made
- [term definition/spread](https://www.technologyreview.com/2025/04/16/1115135/what-is-vibe-coding-exactly/) — technologyreview.com (2025-04-16, reference). term definition/spread
- [~$75m val](https://www.axios.com/2020/10/29/insider-inc-buys-majority-stake-morning-brew) — axios (2020-10-29, reporting). ~$75m val; $20m rev/$6m profit; 2.5m subs
- [olark #2 → ga → hardbound → substack first employee/vp product](https://www.linkedin.com/in/nbashaw) — linkedin (undated, reporting). olark #2 → ga → hardbound → substack first employee/vp product
- [evans quote](https://www.newcomer.co/p/the-unauthorized-story-of-andreessen) — newcomer.co (2021, reference). evans quote; chokshi hire; a16z media machine
- [$87k/mo sponsors](https://www.newyorker.com/culture/the-lede/tbpn-and-the-rise-of-the-tech-friendly-talk-show) — the new yorker (2026, reporting). $87k/mo sponsors; 29 sponsors; nyse deal; ~10 staff
- [$30m fund iii](https://www.notboring.co/p/announcing-not-boring-capital-fund) — not boring (2023, reporting). $30m fund iii; "newsletter is our greatest competitive advantage"
- [$8m fund i (deployed $9](https://www.notboring.co/p/introducing-not-boring-capital) — not boring (2021, reporting). $8m fund i (deployed $9.9m in ~6 mo); memo-as-deck
- [barksdale quote](https://ntkris.substack.com/p/bundling-and-unbundling) — ntkris (2021, primary). barksdale quote; dixon+thompson synthesis
- [min joins as ceo/co-owner](https://www.nytimes.com/2021/12/14/business/media/ankler-janice-min-richard-rushfield.html) — the new york times (2021-12-14, reporting). min joins as ceo/co-owner; ankler media
- [associated press](https://apnews.com/article/new-york-times-wordle-games-app-4ab76097d6155a022f089d03e94807c3) — associated press (2025, reporting). 12.33m subs; ~half on $30 bundle; games 11.2b plays 2025
- [news-only 21% of subs](https://www.inma.org/modules/event/2025BuildingDirectAudience/replay/JonathanKnight_INMAMC25.pdf) — inma.org (2025, reporting). news-only 21% of subs; bundle climb; games retention
- [vanity fair for the substack era](https://www.nytimes.com/2021/04/14/business/media/jon-kelly-newsletter-start-up.html) — the new york times (2021-04-14, reporting). "vanity fair for the substack era"; rev-share
- [wordle low seven figures→tens of millions of users](https://www.axios.com/2022/05/04/new-york-times-earnings-wordle-acquisition-users) — axios (2022-05-04, reporting). wordle "low seven figures"→tens of millions of users; athletic enters bundle
- [openai acquires tbpn](https://openai.com/index/openai-acquires-tbpn/) — openai (2026-04-02, reporting). openai acquires tbpn; strategy org under lehane; editorial independence
- [news-bundle skepticism](https://simonowens.substack.com/p/why-a-news-bundle-will-never-save) — simon owens (2023, reference). news-bundle skepticism; apple news+ evidence
- [thompson built passport](https://stratechery.com/2021/passport/) — stratechery (2021, reporting). thompson built passport; "enterprise software for creators"
- [entitlement-based subs](https://passport.online/) — passport (undated, primary). entitlement-based subs; stratechery+plus runs on it
- [kate lee copy-edit agent (30k edits)](https://www.platformer.news/every-dan-shipper-interview-ai-writing/) — platformer (2025, interview). kate lee copy-edit agent (30k edits); vibe checks via early model access
- [platformer left substack](https://www.theverge.com/2024/2/5/24059524/platformer-casey-newton-substack-moderation-email-newsletters-media-layoffs) — the verge (2024-02-05, interview). platformer left substack; ~2–3 staff
- [newton leaves verge](https://www.platformer.news/welcome-to-platformer/) — platformer (2020-09, reporting). newton leaves verge; oct 5, 2020 launch
- [plus one definition](https://help.every.to/en/articles/14291294-what-is-plus-one) — help.every.to (undated, primary). plus one definition
- [>1m readers](https://newsletter.pragmaticengineer.com/about) — newsletter.pragmaticengineer.com (undated, reporting). >1m readers; $15/$150; enterprise seats
- [~$10m rev target](https://pressgazette.co.uk/north-america/janice-min-ankler-media-trades-revenue/) — press gazette (2023, reporting). ~$10m rev target; 74k subs; substack invested
- [ph→angellist ~$20m](https://techcrunch.com/2016/12/01/angelhunt/) — techcrunch (2016-12-01, reporting). ph→angellist ~$20m; hoover+bashaw/baschez first build
- [proof origin](https://podcasts.apple.com/us/podcast/we-made-a-document-editor-where-humans-and-ai-work/id1719789201?i=1000754671870) — apple podcasts (2026, interview). proof origin; purple=ai/green=human; open source; r2-c2
- [$7m series a (40 north+tpg)](https://www.axios.com/2021/08/04/puck-media-startup) — axios (2021-08-04, reporting). $7m series a (40 north+tpg); founding-partner equity
- [writers as owners](https://puck.news/the-story-of-puck/) — puck (2021-09-12, reporting). writers as owners; four power corridors
- [spotify acquires the ringer](https://www.businesswire.com/news/home/20200205005373/en/Spotify-Announces-Strategic-Acquisition-Bill-Simmons%e2%80%99-Ringer) — businesswire.com (2020-02-05, reporting). spotify acquires the ringer; 30+ pods; ~90 staff
- [~$195m + $55m earnout](https://en.wikipedia.org/wiki/The_Ringer_(website)) — wikipedia (undated, reference). ~$195m + $55m earnout; grantland lineage
- [2m+ subs](https://www.readless.app/blog/is-the-rundown-ai-newsletter-free-2026) — readless.app (2026, reporting). 2m+ subs; ~$7m projected ad rev; rundown university $84/mo
- [2003](https://en.wikipedia.org/wiki/SB_Nation) — wikipedia (undated, reference). 2003; 300+ communities; vox rebrand; penske consolidation 2026
- [shell game s1 voice-clone](https://www.semafor.com/article/07/02/2024/journalist-evan-ratliff-new-podcast-deceptive-power-of-ai-voice-clones) — semafor (2024-07-02, reporting). shell game s1 voice-clone
- [bundle adds sharp china](https://stratechery.com/2022/stratechery-plus-adds-sharp-china-with-sinocisms-bill-bishop/) — stratechery (2022, reporting). bundle adds sharp china; $15/$150 pricing
- [ratliff](https://www.shellgame.co/podcast) — shellgame.co (undated, reporting). ratliff; s2 = hurumoai (5 ai employees); best-of-2024 lists
- [~18k paid](https://www.businessinsider.com/matt-yglesias-substack-million-dollars-interview-2024-10) — business insider (2024-10, reporting). ~18k paid; >$1.4m gross; wife as me
- [y3 revenue +15%](https://www.slowboring.com/p/slow-borings-fourth-year) — slow boring (2024, reporting). y3 revenue +15%
- [solo-founder-as-agents detail](https://solofounders.com/blog/100k-users-nine-ai-employees-claire-vo-chatprd/) — solofounders.com (2026, reporting). solo-founder-as-agents detail; 50k x followers
- [substack as tool](https://stratechery.com/2021/sovereign-writers-and-substack/) — stratechery (2021-03-22, reference). substack as tool; sovereign-writer critique incl. free-riding on reporters
- [spiral launch](https://every.to/on-every/introducing-spiral.md) — every (2024-06-18, reporting). spiral launch; claude; internal use cases
- [startup founder stories](https://startupfounderstories.com/stories/dan-shipper-every-1-2m-arr) — startup founder stories (2025, reporting). $1.2m arr sept 2025; 15% mom growth; audience-as-launch-channel framing
- [stratechery plus launch](https://stratechery.com/2022/sharp-tech-and-stratechery-plus/) — stratechery (2022-09-20, reporting). stratechery plus launch; $12/$120; dithering+sharp tech bundled
- [~4,500 paying](https://www.niemanlab.org/2020/08/study-hall-the-gossipy-media-site-for-freelancers-sees-gawker-as-its-editorial-north-star/) — nieman lab (2020-08, reporting). ~4,500 paying; gawker north star


Published by @ben in profile revision 1.
Original document: https://hraness.com/every/sources
Original credited author: Hraness
AI-drafted at Ben Guo's direct request and credited to Hraness; every claim links to its cataloged source.

## Structured source and record data

````json
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````
