Substack terms


Option to share the newsletter on social media or via email.

What is a share in Substack?

Substack is a platform that allows writers to send digital newsletters directly to their readers and monetize their work. A share in Substack doesn't refer to a traditional equity share as in a publicly traded company. Instead, it refers to a subscription to a particular writer's content on the platform.

When you subscribe or "share" in a Substack, you are essentially supporting that writer's work financially. In return, you receive regular newsletters or content from that writer, often with additional perks such as access to archives, community discussions, and more. The subscription model allows writers to be directly funded by their readers, fostering a more direct relationship between the two.

How much is a share in Substack worth?

As of the time of writing, Substack is a privately held company, which means its shares are not publicly traded on any stock exchange. Therefore, it's not possible to provide a specific value for a share in Substack. The value of a share in a private company like Substack is typically determined during funding rounds, and this information is not always publicly available.

The worth of a share can also change significantly based on various factors, including the company's performance, market conditions, and investor sentiment. It's also worth noting that even if a value could be provided, it would likely only be relevant for a short period of time due to these fluctuating factors. For the most accurate and up-to-date information, direct contact with the company or its investors would be necessary.

How can I buy shares in Substack?

Substack is a private company, which means its shares are not available for purchase on public stock exchanges. Typically, shares in private companies are only available to institutional investors or private equity firms, and not to individual investors.

However, if Substack decides to go public in the future through an Initial Public Offering (IPO), then its shares would become available for purchase by the general public. You would then be able to buy shares through a brokerage account. Until then, investing in Substack directly is not possible for most individual investors.

Does Substack offer public shares?

As of the current information available, Substack does not offer public shares. Substack is a privately held company, which means its shares are not available for public trading on any stock exchange. The company has been funded through venture capital and private investment, but it has not made any announcements or indications about going public in the future. Therefore, individuals who are interested in investing in Substack would not be able to do so through the purchase of publicly traded shares. However, it's always possible that the company could decide to go public in the future, but such a decision would likely be announced well in advance.

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