Failing to build a billion-dollar company (Founders Talk #66)

Published: June 14, 2019, 5 p.m.

b'Sahil Lavingia is the founder and CEO of Gumroad, a platform for creators to sell the things they make. Since 2011 Gumroad has sent over $200 million dollars to creators. That\\u2019s a big number. Sahil\\u2019s ambitions lead him to believe that Gumroad would become a billion-dollar company, have hundreds of employees, and eventually IPO. That didn\\u2019t happen. We talk through Sahil\\u2019s journey with Gumroad, why it failed to meet his goals, the path he\\u2019s on today and the things he now values\\u2026but to understand why Gumroad didn\\u2019t live up to his expectations, we really have to understand the backstory of Gumroad.'