[Aurornis]

> I invested $1,000 in Gumroad back when they did the public fundraise, and I got back ~$70 so far. At this rate it'll take multiple years to break even, much less earn a multiplier. But oh well, I liked the Gumroad team so I wasn't looking for much of a profit anyway.

It's great that you wanted to fund the company with no expectation of return, but this is a perfect example of what contractors would need to consider when they choose to trade some of their compensation for equity.

[satvikpendem]

Indeed, I would've made more money if I put it into VTI. It's always tenuous to hold equity in such companies, especially at a 100 million dollar valuation which means my 1k would become 10k at most if Gumroad reaches a billion dollar valuation, which might be quite a while from now.