11–20 of 67 posts
What is Gumroad's competitive advantage? It doesn't look like it's its technology but its brand.
What is Gumroad's competitive advantage? It doesn't look like it's its technology but its brand.
For anyone that doesn't recall, this was how Gumroad started: http://news.ycombinator.com/item?id=2406614
Most importantly he has used access to a key service early and executed it all very well. Congratulations & all the very best Sahil!
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 case. ie., who is using this today? Who specifically this is being helpful to?
Is it TONS of small transactions, or have you found a high-priced vertical willing to pay your 30% cut?
I mean, how is growth looking like today? $7M is a lot of money!
Just asking because I am really interested in the details - since we all know that a "great idea" is not enough - there must have been a lot of dirty and beautiful tricks to get traction - and that's the part that is interesting!!
Very cool. Hopefully, they'll be more successful than Flattr.
Why would they need money for growth? They use Stripe and host on the cloud. If they aren't profitable now why would they be at 10x the size?