partner growth @Whop // ex-growth @polymarket // founding team & head of growth @bereal_app (acq by voodoo) // angel and advisor to a few startups
Palo Alto, CA
Joined May 2012
- Tweets575
- Following659
- Followers1.1K
- Likes2K
Andrea Mach retweeted
Whop has raised $200M in Series D funding at a $5.1B valuation, backed by @sequoia and @shopify.
It really feels like we are barely touching the tip of the iceberg in a market larger than anyone can imagine.
We first launched Whop as a better way for us to sell sneaker bots, one of the most niche types of desktop software out there.
Total TAM? Probably $20,000 per day.
Who cares, tiny market.
But, what people discounted is the idea that there were actually 70,000 other markets exactly like that one.
Beyond the investment itself, I am especially excited to welcome legendary silicon valley investor @dougleone to our board of directors. Doug and the sequoia team are nothing but a brilliant, resourceful, and principled group of people.
My co-founder Cameron and I started building on Shopify when we were 13 years old. Shopify is one of the most impactful all-in-one cloud ecosystems ever created; @tobi has pioneered modern entrepreneurship the way we know it and we are thrilled to have him in our corner.
We have a tenet at Whop to be the dumbest in the room and I am very grateful that this has recently become a lot easier.
We are focused on markets, scale economies, and progressive media. If that is up your alley, please message me directly.
The $200M raised will support our expansion as we build economic infrastructure for the next century, continuing on our mission of delivering everyone an income.
Andrea Mach retweeted
>me and lil bro, 2067
>bro is 9
>runs 8 whop businesses
>that's below average for his age
>mom worries about him
>we go to the supermarket
>the supermarket is a whop
>every aisle is a connected account
>the cereal aisle has its own support channel
>checkout
>bro taps whop pay with his whop card
>cashier is his customer
>he's her customer
>money goes in a circle and somehow everyone gets richer
>economists still can't explain it
>drive home
>the road is a whop
>members get the fast lane
>pass the hospital
>4.9 stars, 30 day refund policy
>pass the school
>school is a whop course
>bro dropped out to teach it
>get home, turn on the news
>Fed announces interest rates will now be set by whop's economic intelligence
>markets up 4%
>US stops reporting GDP, switches to GMV
>Mars colony launches its first whop
>it sells tours of Earth and lil bro is the top affiliate
>bedtime
>bro asks how it all started
>tell him back in 2026 some company raised $200M
>everyone called it a discord payments website
>he falls asleep
>his businesses don't
>mfw the entire economy is just whop businesses buying from each other
Whop has raised $200M in Series D funding at a $5.1B valuation, backed by @sequoia and @shopify.
It really feels like we are barely touching the tip of the iceberg in a market larger than anyone can imagine.
We first launched Whop as a better way for us to sell sneaker bots, one of the most niche types of desktop software out there.
Total TAM? Probably $20,000 per day.
Who cares, tiny market.
But, what people discounted is the idea that there were actually 70,000 other markets exactly like that one.
Beyond the investment itself, I am especially excited to welcome legendary silicon valley investor @dougleone to our board of directors. Doug and the sequoia team are nothing but a brilliant, resourceful, and principled group of people.
My co-founder Cameron and I started building on Shopify when we were 13 years old. Shopify is one of the most impactful all-in-one cloud ecosystems ever created; @tobi has pioneered modern entrepreneurship the way we know it and we are thrilled to have him in our corner.
We have a tenet at Whop to be the dumbest in the room and I am very grateful that this has recently become a lot easier.
We are focused on markets, scale economies, and progressive media. If that is up your alley, please message me directly.
The $200M raised will support our expansion as we build economic infrastructure for the next century, continuing on our mission of delivering everyone an income.
Andrea Mach retweeted
someone find me a crypto founder with this level of genuine excitement pls
the whop guys are a rare breed. don’t see this kind of passion too often anymore
Andrea Mach retweeted
I'm excited to announce Anti Fund was an early investor in Whop. The boys are crushing it.
Whop is revitalizing the American Dream.
Whop has raised $200M in Series D funding at a $5.1B valuation, backed by @sequoia and @shopify.
It really feels like we are barely touching the tip of the iceberg in a market larger than anyone can imagine.
We first launched Whop as a better way for us to sell sneaker bots, one of the most niche types of desktop software out there.
Total TAM? Probably $20,000 per day.
Who cares, tiny market.
But, what people discounted is the idea that there were actually 70,000 other markets exactly like that one.
Beyond the investment itself, I am especially excited to welcome legendary silicon valley investor @dougleone to our board of directors. Doug and the sequoia team are nothing but a brilliant, resourceful, and principled group of people.
My co-founder Cameron and I started building on Shopify when we were 13 years old. Shopify is one of the most impactful all-in-one cloud ecosystems ever created; @tobi has pioneered modern entrepreneurship the way we know it and we are thrilled to have him in our corner.
We have a tenet at Whop to be the dumbest in the room and I am very grateful that this has recently become a lot easier.
We are focused on markets, scale economies, and progressive media. If that is up your alley, please message me directly.
The $200M raised will support our expansion as we build economic infrastructure for the next century, continuing on our mission of delivering everyone an income.
Andrea Mach retweeted
Our mission is to deliver everyone a sustainable income.
We will not stop until there are billions of people earning on Whop.
Shoutout to everyone who has made this possible, from the earliest sneaker botters to the tens of thousands of entrepreneurs building on Whop today 🫡
Whop has raised $200M in Series D funding at a $5.1B valuation, backed by @sequoia and @shopify.
It really feels like we are barely touching the tip of the iceberg in a market larger than anyone can imagine.
We first launched Whop as a better way for us to sell sneaker bots, one of the most niche types of desktop software out there.
Total TAM? Probably $20,000 per day.
Who cares, tiny market.
But, what people discounted is the idea that there were actually 70,000 other markets exactly like that one.
Beyond the investment itself, I am especially excited to welcome legendary silicon valley investor @dougleone to our board of directors. Doug and the sequoia team are nothing but a brilliant, resourceful, and principled group of people.
My co-founder Cameron and I started building on Shopify when we were 13 years old. Shopify is one of the most impactful all-in-one cloud ecosystems ever created; @tobi has pioneered modern entrepreneurship the way we know it and we are thrilled to have him in our corner.
We have a tenet at Whop to be the dumbest in the room and I am very grateful that this has recently become a lot easier.
We are focused on markets, scale economies, and progressive media. If that is up your alley, please message me directly.
The $200M raised will support our expansion as we build economic infrastructure for the next century, continuing on our mission of delivering everyone an income.
History in the making!
Whop has raised $200M in Series D funding at a $5.1B valuation, backed by @sequoia and @shopify.
It really feels like we are barely touching the tip of the iceberg in a market larger than anyone can imagine.
We first launched Whop as a better way for us to sell sneaker bots, one of the most niche types of desktop software out there.
Total TAM? Probably $20,000 per day.
Who cares, tiny market.
But, what people discounted is the idea that there were actually 70,000 other markets exactly like that one.
Beyond the investment itself, I am especially excited to welcome legendary silicon valley investor @dougleone to our board of directors. Doug and the sequoia team are nothing but a brilliant, resourceful, and principled group of people.
My co-founder Cameron and I started building on Shopify when we were 13 years old. Shopify is one of the most impactful all-in-one cloud ecosystems ever created; @tobi has pioneered modern entrepreneurship the way we know it and we are thrilled to have him in our corner.
We have a tenet at Whop to be the dumbest in the room and I am very grateful that this has recently become a lot easier.
We are focused on markets, scale economies, and progressive media. If that is up your alley, please message me directly.
The $200M raised will support our expansion as we build economic infrastructure for the next century, continuing on our mission of delivering everyone an income.
Andrea Mach retweeted
This is total nonsense.
We're one of the largest early investors in Polymarket, and this story that Shayne was "caught red-handed" using company money is just a flat out garbage hit piece.
Shayne wasn't taking a salary. He was 21 when he started Polymarket, he was living hand-to-mouth running the company out of his apartment, barely making ends meet when he was raising his seed round. We were his first term sheet and literally offered to loan him money personally, but he ended up not needing it when the seed round came together.
After COVID and the crazy Biden-era crackdown on crypto that was happening at the time, there was a lot of chaos in almost every company in the industry. As an investor, we saw a lot of companies go through pandemic-era startup craziness, and Polymarket was no exception.
But Shayne disclosed every dollar he spent, which turned out to annualize to about a software engineer's salary. That's including the flights, none of which were personal flights. Plus, SHAYNE STARTED the accounting and payback process, no one “found” it. In aggregate, it was nothing that an investor would balk at. He paid it back to the company in full, and then got on a normal salary like everyone else.
It was an accounting problem, not an integrity problem. It was not a big deal.
Polymarket has had growing pains, no doubt. It went from a small fledging startups to one of the most explosive consumer brands in America. But Shayne has leveled up alongside the company, and as investors we have total confidence in him.
Enough of this stupid FUD.
The end.
🚨 BREAKING : Polymarket CEO Shayne Coplan caught using COMPANY MONEY for Private Jets flights.
Peter Thiel caught him red-handed using his investment money as a personal wallet.
Founders Fund, Peter Thiel's fund, discovered that Shayne had charged the following as company expenses :
- private jet flights
- apartment rent
- designer clothes
They immediately demanded a FULL REFUND
Shayne was forced to reimburse the money.
ICE and Founders Fund then teamed up to push for stronger financial controls
They were the one that forced Shayne to appoint a COO.
You remember Shayne's ChatGPT written tweet gleefully announcing the hiring of Collin McKinney Hill as COO ?
I called it extremely suspicious at the time. Turns out i was right, investors basically forced Shayne to hire him as a soft coup.
I don't know how long Shayne can stay in place when their main investors have lost confidence.
Andrea Mach retweeted
Based16z shares his advice for young people looking to achieve financial freedom
“I've been spending a lot of time right now working on Whop. I think that's really interesting and also embodies a lot of how you might describe the set of options for someone with the goal of achieving things in an economic sense”
“I think that's a goal for a lot of people and was definitely a goal for me, to get my own economic freedom because I always felt somewhat hamstrung by it”
“My parents could be like, ‘Hey, you can't do this. We're not going to support this or we can't afford this,’ or whatever”
“If you have that as a goal then I think it's good to not go into a traditional job and try to do something on the internet for yourself and build equity in it or build skill in it or build specific knowledge”
“What that is, is just so changing and I'm probably too old even to understand what the coolest one is. Maybe it's building Roblox games now right? There's some kids going insane on that”
“Part of the Whop thesis is just like hey the smartest and most motivated people in the world are going to try to figure out their own things to do and it's going to be ever changing and an ever evolving meta”
“It's even beyond crypto. I wouldn't tell someone, ‘Hey, go into crypto trading.’ If you had a real passion for that, I'm sure you can still do well starting from nothing”
“You can make it doing anything as long as you love it”
“You gotta work on something that's interesting to you, that's working for yourself, that's probably a little bit new and is hard to explain to old people and that you're going to have fun with”
Andrea Mach retweeted
I’ve been a big fan of @whop as it’s empowering tens of millions of entrepreneurs and businesses worldwide to prosper. Today I’m thrilled to announce that @Lightspark now gets to help move money faster for all of them! 🤝 @cultured
Andrea Mach retweeted
Spotted down the block from Daybreak HQ in SoHo 👀
@whop was light years ahead of everyone else on the shift to more self-driven, internet-native work. And we're still (very) early innings in what will be a decades-long reorientation of how people earn a living
