Maxwell and his wife owned 47.5% each. That's 90%

The remaining 5% was split ammong two other women.

Now i know it's not low quality per se, but it's not journalism either.

It started pretty small, as a newsletter a guy wrote everyday during his commute.

He then quit his job to do this fulltime. I won't comment if this was a bad or good move. The quality hasnt decreased but thr newsletter is now filled with ads.