@cultured

Co-Founder / CEO @whop - https://xitter.cf/t.co/FFEOysAJ6M

 Palo Alto
whop.com/steven
Joined November 2013
  • Tweets2.6K
  • Following1.1K
  • Followers25.5K
287Media
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.
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This round also welcomes @justinmateen to our board of directors. Justin is a wonderful person and razor sharp investor. He has singlehandedly introduced us to 100s of the highest quality people on the planet. He joins myself, @paoloardoino, @jawedkarim, @czoub3, and a few other institutional investors. I would like to specifically mention how much we appreciate our other institutional investors – in order of when they invested: @peterthiel @insightpartners, A*, @SignalFire, @BCV, and @tether More soon. Onwards 🤘
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Tell your kids to start a business
Whop
@whopOct 20
What did you do last summer?
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David Marcus
@davidmarcusOct 19
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
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Lightspark
@lightsparkOct 19
Every day, 10 to 15 people make their first $20K on @whop. Today, Lightspark powers a new way for them to cash out instantly to their bank accounts.
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Hunter
@GronkWizOct 15
Update on Whop Ecommerce Since launching Whop for Ecommerce on October 1st, 100s of businesses from Squarespace, CheckoutChamp, BigCommerce, and more have reached out wanting to migrate to Whop. > We now have multiple brands doing $300k+/day and 100s of live, happy stores accepting payments, using Whop Websites, and running their Ecommerce brands end-to-end with us. > Across the board, businesses tell us their site CVR, checkout CVR, auth rates (including MIT rebills), and blended payment costs are meaningfully better than anything they’ve used before. > We can pixel-perfect clone a store as complex as 7 upsells/downsells and migrate it to Whop with payments & ads in under 30 minutes, then have it live with traffic in under an hour. > We have live integrations with Blotout, Redtrack, Parcel Panel, Aimerce, and just about every tracking software or supplier. All to say, I’m incredibly proud of our team for helping a new generation of entrepreneurs launch and scale brands, and the beginnings of Whop’s Ecommerce division are looking very promising 🤘
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Whop
@whopOct 13
Build your business where you run your business.
Drewskii
@studio_drewskiiOct 13
I gave GPT 5.5 and Whop's AI the exact same task: build a €20 maths tutoring business in Greece GPT built me a website Whop built the page, live website, checkout, payments, member access, analytics that's the gap between building a page and building a business
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based16z
@based16zOct 11
Rand
@rand_longevityOct 9
the system of going to school and getting a 9-5 job is pretty much over now
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Whop
@whopOct 9
98,542 accounts got paid on Whop in September.
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Colin
@colinillnerOct 7
36k spent on @whop ads last 14 days for my ecom brand Processing through them too, just so good, even with instant payouts
🤖 Made with AI
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Earn money by referring businesses to use Whop Run ads, accept payments, rapidly create websites, and run businesses with AI. 🔥🔥🔥
Aaron Platt
@ItsaaronplattOct 3
1) April 1st I started building residuals through the Whop partnership. Here is the breakdown of where we are at with it... Sept: added $80K/month Avg growth: 34.6% MoM Now (October): $3,571/day → $100K/month → $1.2M/year Goal: $250k/month in residuals by January 1st 2) I run a CRM / RevOps / HubSpot company AKA heavy fulfillment services. Six months ago: ~15% margins, LTV that mostly ended when the project or our retainer did. Today: 30%+ margins, LTV has doubled and is still climbing - compared to the same clients, same delivery, same pricing, and same service before we partnered with whop. Thanks Whop 3) If you run a similar company in the 2-10 million per year range. I have a simple question for you... When's the last time you made a rapidly scaling revenue line in your business, that was in perpetuity, on something you didn't have to fulfill - that also was a massive benefit to your clients? If you run a similar business to me go to the comments and keep reading.
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Building businesses on the internet has never been more fun
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Start the next Supreme on Whop
Marcelo
@marcelo1Oct 2
We've already made it easier to start a business on Whop Now we're making it just as easy to bring one over
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Whop
@whopOct 2
Whop Migrations are expanding from payments to websites. Import your entire business from Squarespace, WordPress, or GoDaddy in one click.
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Whop
@whopOct 1
Import your entire business to Whop in one click.
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akshat
@devshot10Oct 1
Create your products, define variants and accept payments with 3 Whop api calls 🚀
Whop
@whopOct 1
We're excited to announce Whop now supports ecommerce stores end-to-end. store.whop.site
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Whop
@whopOct 1
We're excited to announce Whop now supports ecommerce stores end-to-end. store.whop.site
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Whop
@whopOct 1
We're excited to announce Whop now supports ecommerce stores end-to-end. store.whop.site
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Guillermo
@Delmo_devSep 30
Withdrawals on @whop now come with statement PDFs and CSVs. Use this + the new reports page for clear reconciliation
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Abhinav P
@anptradesSep 30
If you are an ML engineer or researcher, come check out the Economic Intelligence team at Whop.
Whop
@whopSep 30
Today, Whop is introducing Economic Intelligence, a decision making system built from business actions on platform. Billions of people should have the ability to build profitable businesses. Economic Intelligence answers "what next?" for businesses at all levels.
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