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For anyone that doesn't recall, this was how Gumroad started: http://news.ycombinator.com/item?id=2406614
Question to Sahil or anyone with more context. Where is success coming from? I'd love to learn. What we see here is a beautifully executed very clever idea - which we all (as hackers we are) project into "this should be succesful" and then we see KPCB throwing $7M at it - so it all makes sense and we are happy as hackerdom is victorious. However, what I'd really like to learn is where success if coming from in this c…
For anyone that doesn't recall, this was how Gumroad started: http://news.ycombinator.com/item?id=2406614
It's crazy that there was so much investment for such a simple idea. I mean the entire product is just a thin wrapper around Stripe. He must have some really serious plans to move in a new direction in order to attract that much interest and funding... I wonder what the plans are?
Would be also interesting to encrypt content, keep it hosted somewhere or on a p2p network but only sell the private keys to access it (for bitcoins?)
Another idea would be to create a new blockchain and you get coins for uploading content into the network, and the more people that access your content, or the more content you store, the more coins you get. Maybe there can be a queue for content that builds up and determines price the moment it's released. There could also be limited run items such as tickets or coupons that are all unique and cannot be forged.
If I may say so, Gumroad is not pushing the envelope at all. I hope they do something revolutionary. Haven't digital goods been around for ages? They're just streamlining the process for grandma.. okay I'm jumping for joy right now.
Hasn't clickbank nailed this space already anyhow? http://www.clickbank.com
Earlier quoted context omitted.
It's crazy that there was so much investment for such a simple idea. I mean the entire product is just a thin wrapper around Stripe. He must have some really serious plans to move in a new direction in order to attract that much interest and funding... I wonder what the plans are?
Based on the description "social payments" I think it's targeting a wider base than the original "paid link shortener"
Question to Sahil or anyone with more context. Where is success coming from? I'd love to learn. What we see here is a beautifully executed very clever idea - which we all (as hackers we are) project into "this should be succesful" and then we see KPCB throwing $7M at it - so it all makes sense and we are happy as hackerdom is victorious. However, what I'd really like to learn is where success if coming from in this c…
I think there is not an answer to this question...yet. I built Gumshow.com a few months ago half-way expecting to update and re-brand the site for whatever niche really takes off on Gumroad. However, I don't think that this has happened yet. While our team here is going to give Gumshow a face lift and $7mil makes me feel good that Gumroad is sure to stay in the game, I'm just not sure where the explosive growth is go…
I respect you alot, but shouldn't that be something you just don't simply say, especially after raising that kind of money? Further, are you saying "nobody at Gumroad knows", or rather "hey, I don't know I am just an engineer/owner, but we are raising this money, some guys with other-than-tech skills will come aboard and they will know where we going".
Earlier quoted context omitted.
Based on the description "social payments" I think it's targeting a wider base than the original "paid link shortener"
For sure - are you thinking tighter integration with social networks like fb and twitter? This definitely has a lot of potential, but I bet they would need to work out some agreements with the social networks themselves to be able to do it really right, and without running into trouble...