e Commerce Business
topic on 4 shows · 5 statements across 5 episodes
Cheeky Pint
My First Million
Top Founders
20VC
5 statements about e Commerce Business, every show
Lütke: 80% of every e-commerce business requires identical software infrastructure
“The first 80% of every e-commerce business are the same. It's like, you need a checkout, you need credit cards, and you're taking credit cards for us, and you know, like, you need the hosting, and the checkout, and all this got fixed, and admin interface. So, …”
Shaan scaled an eight-figure e-commerce brand while taking zero cash out
“I think in year one, we did six or seven million. I think in year two, we basically got to 12 something. Year three was bigger than that. Now year four is bigger than that. So we've basically been, you know growing by somewhere between 50 and a hundred percent…”
Shaan Puri's e-commerce side business surpassed $1M monthly revenue in one year
“So basically in the last year, That went from zero, like just an idea to now we do like over a million dollars a month of revenue on that business.”