In 2012, Sahil Lavingia quit his job at Pinterest and set out to start his own company. He had $40,000 in savings and no idea what he was going to do with it. After a few months of soul-searching, he decided to start a company that would make it easy for anyone to sell digital products. And so Gumroad was born.
Lavingia’s bet paid off. gumroad ceo patreon the business…
Since its inception in 2011, Gumroad has helped creators sell over $200 million worth of products. And now, the company is expanding its offerings with a new service called Gumroad Creators. gumroad ceo patreon the business…
Gumroad Creators is a subscription service that allows creators to sell their products on Gumroad with no fees. In addition, creators will get access to exclusive features and services, such as early access to new Gumroad features and priority customer support.
In 2012, PayPal co-founder and former CEO Max Levchin talked about the future of online payments. He predicted that the next big thing would be “micropayments” for digital content—the ability to pay a few cents for an article, song, or video. The problem with micropayments, he said, was that they required a lot of friction and effort to set up.