Eric Newcomer writes about the success of his eponymous tech newsletter, which started four years ago and now has $2 million in revenue and has a goal of reaching $4 million in 2025.
Newcomer writes, “In 2023, Newcomer generated $712,000 in net income on $1.6 million in revenue.
“In January, we hired Madeline Renbarger from Business Insider to join us as the first non-me reporter. I promoted Riley from chief of staff to Newcomer’s business lead. Jonathan Weber, the former editor-in-chief at both the Industry Standard and the SF Standard, is editing for us part-time as he works on a book about San Francisco. Allie Kerr, the former head of community at NFX, is working for us part-time to put together our events. Christopher Gates, who was the founding executive producer of TechCrunch’s Equity Podcast, is helping us to relaunch the Newcomer podcast. My mother has remained Newcomer’s dedicated proofreader since day one. We’ve had the joy of having five paid interns work for Newcomer over the past four years.
“We very recently stopped running our remote business over WhatsApp and moved to Slack.
“Finally, four years in, I have to admit this is a real business.
“With our flagship conference less than a month away, we already have committed contracts that will put us over $1 million in profit and $2 million in revenue this year.”
Read more here.
