Sahil Lavingia on Gumroad's groundbreaking equity crowdfunding, rolling funds & more | E1188

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Show notes:

0:00 Start

0:52 Jason intros Sahil Lavingia & they discuss Gumroad's explosive early days

5:44 Launching one of the first $5M equity crowdfunding rounds, lessons from being on both sides of the table as a founder & investor

10:35 Roman - Get $15 off your first order of ED treatment, a FREE online visit, and FREE two-day shipping at https://www.getroman.com/twist

11:47 Kleiner Perkins' initial investment in Gumroad, raising millions from top VCs as a teenager

17:22 Receiving a bridge round from KP with aggressive terms, founders raising with poor terms being a negative signal, going into "cockroach mode"

25:32 Dell - Sign up for a free IT consultation at https://launch.co/dell

26:58 Gumroad's growth resurrection, competing on price, buying out Kleiner Perkins

32:57 How Sahil settled on equity crowdfunding for Gumroad's recent fundraising

38:07 OurCrowd - Sign up for a free account at https://www.ourcrowd.com/twist

39:42 Getting 7000+ investors, major innovations in general soliciting of rounds, why Sahil only raised at 8.5x revenue, tying brand to capital, NFTs & rights

54:56 Starting a rolling fund, getting anchored by Naval, why 506(c) over 506(b), managing risk and upside

1:06:23 Sahil's advice from getting through the rough patches with Gumroad

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