Gumroad
 | |
| Industry | Digital distribution, self-publishing, e-commerce. |
|---|---|
| Founded | 2011 |
| Founder | Sahil Lavingia, Sachin Khanna |
| Headquarters | San Francisco, California, U.S. |
Area served | Worldwide |
| Key people | Ershad Kunnakkadan (CEO) |
| Website | gumroad.com |
Gumroad, Inc. is an American online marketplace platform that allows creators to sell products directly to their audience. It was founded by Sahil Lavingia in 2011 and is based in San Francisco, California.
History
[edit]Gumroad was founded in 2011 by Sahil Lavingia, who was previously a designer at Pinterest and Turntable.fm.[1][2] The idea for the platform came to Lavingia when he wanted to sell an icon he had designed and saw that the amount of effort it took to sell an item directly to consumers was considerable. In February 2012, Gumroad announced a $1.1 million seed round.[3] Three months later Kleiner Perkins Caufield & Byers (KPCB) led a $7 million Series A round.[4]
On September 8, 2014, Twitter launched a Buy Now button in partnership with Gumroad,[5] the Buy Now and Gumroad partnership was discontinued on January 7, 2017.[6] On September 30, 2014, Gumroad released an iPhone app.[7][8]
In March 2024, Gumroad banned the sale of sexually explicit content on its platform due to pressure from Stripe and PayPal.[9]
See also
[edit]References
[edit]- ↑ Holmes, David. "Who's Next: Pinterest Designer Sahil Lavingia and His New E-Commerce Site Gumroad" Archived December 14, 2014, at the Wayback Machine, Fast Company, April 25, 2012.
- ↑ Shontell, Alyson. "The Most Interesting Teenager in Silicon Valley" Archived December 14, 2014, at the Wayback Machine, Business Insider, April 2, 2012.
- ↑ Tsotsis, Alexia. "Gumroad Gets $1.1 Million From Chris Sacca, Max Levchin and Others to Turn Any Link Into a Payment System" Archived July 4, 2017, at the Wayback Machine, TechCrunch, February 8, 2012.
- ↑ Gannes, Liz. "Kleiner Perkins Leads $7M Funding for Payments Upstart Gumroad" Archived October 23, 2014, at the Wayback Machine, All Things Digital, May 7, 2012.
- ↑ Brustein, Joshua. "Explaining Twitter's New ‘Buy’ Button" Archived December 14, 2014, at the Wayback Machine, Bloomberg Businessweek, September 8, 2014.
- ↑ "Twitter is phasing out the "Buy" button, will continue to offer donations". TechCrunch. Archived from the original on August 20, 2022. Retrieved September 22, 2021.
- ↑ Ifeanyi, KC. "Online Marketplace Gumroad Launched An iPhone App" Archived December 14, 2014, at the Wayback Machine, Fast Company, September 30, 2014.
- ↑ DBW. "New Gumroad iPhone App Helps Authors Sell EBooks Direct" Archived December 15, 2014, at the Wayback Machine, Digital Book World, September 30, 2014.
- ↑ Silberling, Amanda (March 16, 2024). "Gumroad no longer allows most NSFW art, leaving its adult creators panicked". TechCrunch.