Gumroad · Antiwork Q3 2024 Public Board Me...

Aug 19

2024

Antiwork Q3 2024 Public Board Meeting

The company behind Gumroad is getting a new name. You can learn more about the past, present, and future of Antiwork, Inc as part of our Q3 2024 Public Board Meeting here.

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8 months ago

Any update on our investment? I will never invest on republic again. all my investment seems gone, even the one that looks doing well. there is no way to get my money back or sell my shares.

0 Like Reply

9 months ago

Is there any possibility that we will be able to sell these gumroad shares ? Or Should i put it in lost money ? Any updates on this.com

0 Like Reply

1 year ago

If we have any investment in Gumroad. Is it best to assume we’ve lost it if we didn’t get to sell?

0 Like Reply

1 year ago

Sahil, when can we expect an investor update? It's almost been a year.

2 likes Reply

@mark-turner-3 Board meeting are public, available on Youtube ( youtube.com/watch?v=qaTy2klHNuI )

Antiwork 2025 Public Annual Meeting

In today's meeting, we took a comprehensive look at our financial and strateg... Read more »

YouTube · Sahil Lavingia

1 year ago

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1 year ago

Would love to have an update on being able to sell my shares. Where are we at with gumroad’s journey. Growing? Let’s get on it. Been few years I been holding these shares. How long do I need to hang on?

0 Like Reply

almost 2 years ago

Hi Sahil, I just tweeted at you about my inability to get any responses or direction on dividends or selling my shares. Can you please help resolve this? A number of us in this thread have the same complaint.

1 like Reply

@chioma-agwuegbo did you ever get any updates? Curious as to how i can also sell my shares

Almost 2 years ago

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Almost 2 years ago

Have you been able to reach him?

Almost 2 years ago

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Almost 2 years ago

2 years ago

Hi Sahil, been here for a while now, I see there's a chance to sell shares, is there a way to buy more? The initial investment was capped and I'd love to increase my stake in your company and vision.

1 like Reply

View 2 more replies

@trent-snyder Hey, I also invested in the crowdfunding for $2500 abd need some liquidity. I wonder if we could somehow facilitate a transaction through republic or whoever to sell my shares to you. Just let me know.

2 years ago

1 like

2 years ago

@tripp-eckerline-1 I'd love to explore this, but am unsure of how we'd do it, can we talk to support or something?

Almost 2 years ago

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Almost 2 years ago

Hey Trent, are you still looking to buy shares?

1 year ago

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1 year ago

@trent-snyder

1 year ago

0 Like

1 year ago

@noa-lawton yes!

1 year ago

0 Like

1 year ago

2 years ago

Sahil, there doesn’t seem to be a way to follow the directions in the email for the tender offer, based on the link in the email sent. It suggests “reviewing and submitting your bid before the deadline”, but the flexile site just has the start and end date with no way to submit your bid. And I see it’s “minimum” bid but are we essentially selling our shares for exactly the amount we bought in for? Is there no upwards valuation of 200,000,000, or is that subject to change?

5 likes Reply

View 2 more replies

@baffour-ewusi-emmim try again. I also got the same blank page yesterday

2 years ago

1 like

2 years ago

Thanks Kiki! I came back to update that it was working now and noticed you’ve mentioned it here. I hope others see your comment. 👍

2 years ago

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2 years ago

@baffour-ewusi-emmim i still can't get the link to work.

2 years ago

0 Like

2 years ago

@john-saddington Hey, I accessed it on my laptop. Have you tried a laptop or desktop instead of phone?

Almost 2 years ago

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Almost 2 years ago

@baffour-ewusi-emmim @Kiki Luqman Hakiem, I wasn't ever able to get any link to work. As a matter of fact, there was never any option for me to indicate a bid to sell.

Almost 2 years ago

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Almost 2 years ago

2 years ago

Thanks for the update, Sahil. Is it possible to get a response here or via email on flexile and dividends? I have asked in the comments and via email, no joy. What else can I do?

1 like Reply

Try his Twitter as well. I noticed you inquired previously here to no avail. Best of luck!

2 years ago

1 like

2 years ago

@baffour-ewusi-emmim thank you so much! I'll try that.

2 years ago

0 Like

2 years ago

Quick summary for those who, like me, read transcript summaries instead of watch videos. :P

Here's a summary of the key points from the meeting transcript:

1. Company Update:
- The company is changing its name to "antiwork" to reflect its goal of automating unfun parts of work.
- New product added to portfolio: iffy (content moderation API).
- Focus on increasing revenue while keeping costs stable or decreasing as a percentage.

2. Financial Update:
- April 2024: $600k net income
- May 2024: $650k net income
- June 2024: $132k net income (drop due to paying $600k in taxes for the first time)

3. Product Updates:
a. Gumroad:
- Added automatic abandoned cart emails
- Launched gifting for memberships
- Implemented bulk reviews page
- Improved discovery features on homepage and mobile apps
- Added new product types: Services, Commissions, Calls, and Coffee

b. Flexsale:
- Added roles and trial periods
- Implemented project-based rates
- Developing a talent pool feature for discovery

c. Helper:
- Now used internally for customer support
- Added features like unsend emails and attachments

d. iffy:
- New content moderation API product

4. Technology and Development:
- Moving towards using Tailwind CSS and AI-assisted development
- Discussing the shift in roles between designers and engineers due to AI advancements

5. Future Plans:
- Improve email marketing features
- Implement "Merchant of Record" status by January 1, 2025
- Develop upsells in the content editor
- Create a time tracking app for Flexsale
- Explore integration of products (Flexsale, Helper, GitHub) for better workflow

6. Company Culture and Work:
- Emphasis on reducing manual labor and automating processes
- Discussion on evolving roles of designers and engineers in the AI-assisted development process

14 likes Reply

Thank you!!

2 years ago

1 like

2 years ago

@trevor-longino Awesome. I'm glad to see you added new product types. Coffee is an interesting one. As one of your investors, I am a coffee farmer as well! Would love to chat about this new coffee product you have on the platform.

2 years ago

0 Like

2 years ago

@trevor-longino So helpful, thank you!

2 years ago

0 Like

2 years ago

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