As other people have already commented, Gumroad raised venture capital (https://medium.com/s/story/reflecting-on-my-failure-to-build...) before. Sahil had to revert Gumroad to a solo lifestyle business after it didn't grow fast enough to raise another round.
My question is, without having been venture funded for a period of time, would Gumroad still be able to $350k/mo now?
During the time Gumroad had a team of engineers, designers, etc., they shipped a lot of features, made improvements and presumably had a decent advertising / marketing budget. Gumroad likely wouldn't have reached the point where it is today product and awareness wise if it had just been one 'indie hacker' grinding away.
My question is, without having been venture funded for a period of time, would Gumroad still be able to $350k/mo now?
During the time Gumroad had a team of engineers, designers, etc., they shipped a lot of features, made improvements and presumably had a decent advertising / marketing budget. Gumroad likely wouldn't have reached the point where it is today product and awareness wise if it had just been one 'indie hacker' grinding away.