Substack discloses financials as required by crowdfunding guidelines: 2021 gross income of $11.9M vs $2.3M in 2020, 2021 internet lack of $22M vs $2.3M in 2020 (Dan Primack/Axios)

Dan Primack / Axios:

Substack discloses financials as required by crowdfunding guidelines: 2021 gross income of $11.9M vs $2.3M in 2020, 2021 internet lack of $22M vs $2.3M in 2020  —  When e-newsletter platform Substack final month launched a crowdfunding marketing campaign, its writers and followers responded with greater than $7.5 million …