Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System • Hacker News Board

Re: Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System

#21

Post by coderdude » Thu, Feb 09, 2012, 12:32 AM UTC

sahillavingia wrote: post #2

It all started here on Hacker News: http://news.ycombinator.com/item?id=2406614 So... thanks! :)

Great job! I remember when you released it. Out of the many things that have been released on HN, Gumroad certainly stands out in my mind as one of the most unique and well executed so far.

Keep up the good work.

Re: Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System

#22

Post by sakopov » Thu, Feb 09, 2012, 12:34 AM UTC

I'll be honest here. I worked on the same exact idea and ended up abandoning it when i discovered your app on techcrunch a few months back. Couldn't have done it better! Great job! I'm glad it's moving forward! My only question is how do you plan to deal with potential copyright infringements. This almost seems inevitable to me.

Re: Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System

#23

Post by snagage » Thu, Feb 09, 2012, 12:35 AM UTC

Awesome idea. Not only does it open new markets that were previously too difficult to monetise, but also give sellers finer control over what they sell. eg. Users can buy one broker report without having to sign up with the stockbroker, read one article without having to sign up for a whole subscription.

Not sure this is in the works or not: affiliate codes will absolutely rock on this platform.

Re: Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System

#24

Post by pbreit » Thu, Feb 09, 2012, 12:45 AM UTC

The original "Show HN" submission: http://news.ycombinator.com/item?id=2406614

Nice job turning a weekend project into $1.1m in investments! It seems like the payments industry will support new approaches into perpetuity.

Re: Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System

#25

Post by psychotik » Thu, Feb 09, 2012, 12:49 AM UTC

Hey you should get someone like Louis CK to use this to sell his next show. Win-Win for all!

Re: Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System

#26

Post by kasraeg » Thu, Feb 09, 2012, 12:49 AM UTC

sahillavingia wrote: post #2

It all started here on Hacker News: http://news.ycombinator.com/item?id=2406614 So... thanks! :)

Congrats! Giving the power to the creator. love it

Re: Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System

#27

Post by kasraeg » Thu, Feb 09, 2012, 12:49 AM UTC

sahillavingia wrote: post #2

It all started here on Hacker News: http://news.ycombinator.com/item?id=2406614 So... thanks! :)

Congrats! Giving the power to the creator. love it

Re: Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System

#28

Post by HardyLeung » Thu, Feb 09, 2012, 12:57 AM UTC

Two suggestions:

(1) Provide a trial mode where I can sell stuff (like real) for $0, so I can validate the whole experience.

(2) Provide an API where I can create new sellable objects dynamically and programmatically.

Re: Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System

#29

Post by wiggum » Thu, Feb 09, 2012, 1:02 AM UTC

5% cut? No way. Dwolla https://www.dwolla.com/ takes $0.25 per transaction and NOTHING for amounts less than $10.00

Re: Gumroad Gets $1.1 Million To Turn Any Link Into A Payment System

#30

Post by thesethings » Thu, Feb 09, 2012, 1:09 AM UTC

aymeric wrote: post #20

Why is GumRoad getting more buzz than http://www.kout.me/ ? They seem to be very similar products. Is Sahil very well networked?

Kout doesn't really seem to be launched (you can only sign up for list). Whereas Gumroad lets you sign-up right now.

Gumroad's design is also a bit more inviting.

I hadn't heard of either of them until today, but one is definitely in a place where I would share the link with buddies, and the other I wouldn't.

You ask about "buzz" and I definitely think launching a working product is more newsworthy than a beta sign-up page. That said, Kout seems interesting as an idea.