Re:I started Gumroad as a weekend project
by Matticus_Rex on Monday March 18, 2019 @01:51PM
(#19423305)
That's gross revenue. Their business model probably ends up giving them 5-7% of that in average net.
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Their "gross revenue" is $5m a month. Their part of that is 350 000$ a month (which is still their gross revenue, but I feel like that's what you meant).
> So I built Gumroad. Fast-forward over seven years and we're doing about $350,000 in revenue monthly, helping creators earn over $5,000,000 a month.
Re:I started Gumroad as a weekend project
by gamblor956 on Monday March 18, 2019 @03:34PM
(#19424368)
Their "gross revenue" is $5m a month.
The $5m they process is not gross revenue to Gum Road since they're not the beneficial or legal owners of the $5m in payments received. Their X% share of that $5m is their gross revenue.