Whop

“So first off, that is a true story. I got a lot of hate in the comments, people thinking that was rage bait. You had 300 comments. That is a true story. And I will show you the message. I actually told people that”

“When we were first starting back in April, 20, 21, we actually applied to Y Combinator to try to get funding, and they denied us because they told us our market was too small.”

“We send out over forty million notifications a day sometimes.”

“So we didn't do any marketing until December of 2024, six months ago. Like we had no marketing team.”

“We just had our last one called three K and 30, or anyone that makes 3000 dollars in their first 30 days gets flown out to NYC for a two day event where we put their logo on Times Square.”

“And our team actually, company-wide, I would say over 50, 60% of our team, we found on the internet. We found them on Discord servers. They were early users. They were, we DM'd them on Twitter and said, hey, move across the country.”

“The latest valuation was eight hundred million.”

“So we have other ways to earn, such as like content rewards, which is the fastest growing way that we have seen earners come.”

“Like, I think we can, 10 X our volume, go up to, I don't know, ten billion plus GMV run rate with 10 to 20 people.”

“Yeah, so we've raised about, I want to say about eighty million dollars in total series B up to so far.”

“We came back from December break. So like January, 20, 25, and we had incidents every single day. The website was going down every single day.”

“Last month we processed just over a hundred eight million dollars on behalf of all our creators.”

“I had so many people ask me, like, what the rollback plan was, and I'm like, there is no rollback plan. Like, you know, we're not gonna spend an extra eight weeks building a rollback plan. We're just gonna do it well. And nail it the first time.”

“We don't have Slack anymore. All of our communication company-wide is on WAP.”

“I think last month we were up to about 28,000 earners, which is An all time high every month is getting obviously an all time high after each one.”

“We know that if you come to a WAP and you earn your first seven days, you are three X likely you are three X more retentive to stay than someone who does not.”

“Our team is about 15 to 20 people a mixture of full stack, web, iOS, Android engineers.”

“Our team is about 80%, hopefully soon a hundred percent in person out of New York.”

“And that's how we moved about 800 gigabytes of data with zero downtime from Postgres to PlanetScale.”

“Now we can handle flash drops of over a million or two million even at one point.”

“And one of the comments was, which I found so ironic, they're like, what happens if one of these side projects takes off and they leave? I'm like, that's fucking great. Like, if someone can make a side, a project on WAP, a side project nonetheless, And generat…”

“We've done over five billion views generated in the last like eight-ish weeks.”

“Some of our earliest investors were people like Justin Mateen, founder of Tinder, Justin Khan, founder of Twitch Peter Thiel, and then we had our first series A raised led by Insight, and then Lately our Series B was led by A-Star and Kevin Hartz, founder of E…”