Abhinav P 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.
If you are an ML engineer or researcher, come check out the Economic Intelligence team at Whop.
Talent is one of the last remaining moats and we're bringing together the most cracked people in the world at whop.
Our team at Whop is 100 people, most teams at our scale have 10x the headcount.
We want to work with people who want to win with us. If you think you'd be a good fit, dm me.
Abhinav P retweeted
Whop is hosting a trivia night exclusively for founding engineers.
Bring your smartest friend and team up with a Whop engineer for a squad of 3. Food and drinks on us.
The prize: winners pick between F1 Grand Prix tickets in Las Vegas, a private omakase dinner on a yacht, or courtside Golden State Warriors seats.
Thursday, July 23 · 7:30–9:30 PM
Spots are limited to 30 and require approval — RSVP early: luma.com/tpbdps6d
Abhinav P retweeted
Whop is experiencing unprecedented growth;
Daily ATHs at an astonishing YoY and MoM rate
Gross transaction volume is now pushing $20M per day
10,000 is a low day for # businesses created
# user signups are pushing 100,000 per day
Much of our offensive growth product feature set that has been under development for the last 3 months has yet to be released publicly.
Our platform is running at record high RPM and we need serious help
If you have successfully solved ML prediction problems at scale, run ultra lean legal teams, or are a designer who wants their work to make a difference, message me [email protected] with a bulleted resume
If obsessed with PNL and unit economics, with experience driving outcomes at scale, ping me as well
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