1
No meetings, no deadlines, no full-time employees
I started Gumroad in 2011. In 2015, we reached a peak of 23 full-time employees. In 2016, after failing to raise more money, I ended up back where I began: a one-person company.
Sahil Lavingia
- Popular posts
- 5
- Total points
- 1,877
- HN comments
- 758
- Rank
- #909 personal
Visit sahillavingia.com → On Hacker News Nov 2010 – May 2024
Startups 4Tech Industry & Business 4Life, Learning & Writing 1Career & Management 1
2
3
4
Paying freelancers in equity and dividends
Gumroad pays freelancers around the world $125-$200/hr. They choose how much of this they'd like to get in equity–between 0 and 80%. Equity entitles one to annual dividends.
5
Reflecting on my failure to build a billion-dollar company (2019)
In 2011, I left my job as the second employee at Pinterest — before I vested any of my stock — to work on what I thought would be my life's work...