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The Free Press

Independent media company built on Substack by journalist Bari Weiss.
The Free Press is an independent media company founded by Bari Weiss after leaving The New York Times, growing from a Substack newsletter to a $20M+ revenue publication in five years. In September 2025 Paramount agreed to acquire it for $150M with Weiss becoming editor-in-chief of CBS News.
Media 📍 New York, USA Founded 2021
Current Valuation
$150M
as of 2025-Q3
PRIVATE

QL Price

$150M
0% vs last round
QuantLogix's current estimate for The Free Press, published 2026-10-07 — in line with the last disclosed round of $150M (2025-Q3).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round $150M 2025-Q3 weight 0.49
How this price has held up
No round has priced for The Free Press since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to The Free Press →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, The Free Press, 2026-10-07 (93be1b9274a05096). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is The Free Press going public?
No. The Free Press is private and has not filed to go public. There is no S-1 on file.
What is The Free Press' valuation in 2026?
The Free Press is valued at $150M as of 2025-Q3, set by its Acquisition (Paramount) ($150M, Sep 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has The Free Press filed an S-1?
No public S-1 is on file for The Free Press.
Who are The Free Press' investors?
The Free Press' investors include Marc Andreessen (personal), David Sacks, Bill Ackman, Howard Schultz, Paramount (acquirer).
How much has The Free Press raised?
The Free Press has raised $17M in total, most recently a Acquisition (Paramount) of $150M in Sep 2025.
Is The Free Press publicly traded — can you buy The Free Press stock?
No. The Free Press is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for The Free Press on its Pre-IPO Access Desk.
How to actually get exposure to The Free Press →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Bari Weiss
Founded
2021
HQ
New York, USA
Employees
~50
Total Raised
$17M
Est. Revenue
$20.4M (2025-Q2)
Last Round
Acquisition (Paramount) — $150M (Sep 2025) · Lead: Paramount
IPO Status
none

Fundraising Status

Acquisition (Paramount) · $150M · 1y 1mo ago
noneTotal raised $17M

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Acquisition (Paramount)$150MSep 2025Paramount—

Talent Signal

Hiring trend
▶ Hiring steady
0% vs 2026-08
Open roles
3
via lever
Product-build share
0%
engineering, research, product, design
Trajectory
steady
go-to-market push — Only 0% of open roles build product — hiring is concentrated in sales/marketing/ops (3 of 3 open roles are other).
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month3Aug '263Sep '26
Open roles by function
Open roles by functionOther3
■ product-building   ■ go-to-market / G&A
Contributions EditorSenior EditorSenior Producer, Video
Counted from The Free Press's live job board as of 2026-09-14; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Bari WeissNellie Bowles

Investors

Marc Andreessen (personal) · David Sacks · Bill Ackman · Howard Schultz · Paramount (acquirer)

Products

  • The Free Press (newsletter & site)
  • Honestly podcast
  • Live Debates events
  • TGIF column

Competitors

The Atlantic · Tablet · Bari Weiss-era WSJ Opinion · Substack-native publications
mediajournalismsubstackindependent-newsacquisition
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.