G3: Reflecting on My Failure to Build a Billion Dollar Company
October 25, 2019 at 11:45 AM
Experience Level: Beginner
Track: Enterprise, Government, Nonprofit, Startup
Sahil Lavingia is the founder and CEO of Gumroad, a web platform where artists, writers, designers, and influencers can sell products directly to consumers. Today, Gumroad is a steadily growing software business that has sent over $200 million to creators around the world. But the journey here involved years of stunted growth and hard decisions including, at one point, laying off over 75% of his employees. What happens when things don’t go the way you planned? How can you learn from the experience and build an even stronger business? How do you redefine success if your key metric at the outset is to build a billion dollar company? In this case study, Sahil will share lessons learned on his journey to building Gumroad.