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Comment by sahillavingia | Hacker News Reader

Gumroad - http://gumroad.com/ - right now I'm trying to turn it from a million dollar business (current valuation) to a billion dollar one. :)

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Cool! Just out of curiosity, what's the justification for the million dollar valuation?

The valuation of the last round was greater than that. A combination of potential and % chance of reaching that potential. So really, plucked out of thin air by those with money :)

I remember when you first posted that here. I thought it was a cool idea, and I'm happy for you and your prospects with it.

Seems to have very little traffic, when viewed in alex though.

Most traffic is on gumroad.appspot.com links for security.

"On anything about $1000/month in sales, we take a 10% cut."

about -> above

Would this work, or can it work with UK transactions in UK £ Sterling?

I absolutely love the idea and would like to integrate something like it into a project I'm working on.

Pretty cool. I didn't really get it at first and was about to leave before I saw the "Watch a Video" link at the bottom. I'd probably make that stand out a bit more.

How does one discover things for sale on gumroad? I mean, processing the transaction is nice, but how do you help with marketing

Right now it's purely a product. There is no distribution built into it. It's more for those will followers/fans already.

Though if I execute, I could see myself building a distribution platform into it.

Because a million dollars isn't cool. :D

Also, your site looks really cool. I'll give it a spin. :)

BRILLIANT idea! Very, very nice.

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