What Is Sahil Lavingia's Company Gumroad?

On Your First Million, Sahil Lavingia said Gumroad lets creators sell directly so they can spend more time on the work they love. Musicians, designers, writers, filmmakers, comedians, and photographers upload what they make, sell it to their own audience, and keep most of the revenue. In 2019 the company was at about $6 million a year, with 38 percent gross margins, and cash-flow positive. He started it in 2011 as a weekend project while he was employee number two at Pinterest, where he designed the iPhone app. He had lasted four months at USC and was 19. Gumroad raised a $1.1 million seed and then a $7 million Series A.