Whop has raised $200M in Series D funding at a $5.1B valuation, backed by @sequoia and @shopify. It really feels like we are barely touching the tip of the iceberg in a market larger than anyone can imagine. We first launched Whop as a better way for us to sell sneaker bots, one of the most niche types of desktop software out there. Total TAM? Probably $20,000 per day. Who cares, tiny market. But, what people discounted is the idea that there were actually 70,000 other markets exactly like that one. Beyond the investment itself, I am especially excited to welcome legendary silicon valley investor @dougleone to our board of directors. Doug and the sequoia team are nothing but a brilliant, resourceful, and principled group of people. My co-founder Cameron and I started building on Shopify when we were 13 years old. Shopify is one of the most impactful all-in-one cloud ecosystems ever created; @tobi has pioneered modern entrepreneurship the way we know it and we are thrilled to have him in our corner. We have a tenet at Whop to be the dumbest in the room and I am very grateful that this has recently become a lot easier. We are focused on markets, scale economies, and progressive media. If that is up your alley, please message me directly. The $200M raised will support our expansion as we build economic infrastructure for the next century, continuing on our mission of delivering everyone an income.

Whop Partners can now become Verified: > Adjust fees for your referred businesses > Attribute your deals without a referral link > Join a private network of other Verified Partners Top partners are already making over $1M per year 🫵

We are excited to announce that @tether, the largest stablecoin company in the world, is making a strategic investment of $200M into Whop, valuing us at $1.6B. Our partnership with Tether marks a major step in building the world's largest internet market. Tether is committed to enabling everyone in the world to participate in the new internet economy. The way humans work and create value is changing fast. The world needs both an open internet market giving people a platform to conduct business, as well as a transparent payments network. Tether and Whop together will work to bring a sustainable income to billions of people throughout the world. There is enormous opportunity when you combine Tether’s global scale and wallet technology with Whop’s community of next generation entrepreneurs. My co-founders and I met as teenagers on the internet selling software. We first launched Whop as a way for us to sell our own software to people in Facebook and Discord forums. Prior to Whop, the place we found customers was different from the place we collected payments, different from the place we talked to customers, and there wasn’t a central place to “do business” on the internet. In partnership with Tether, we will be scaling infrastructure in real-time for new business models as they emerge across the globe. The job is just getting started. 🚀

@_mattwelter @GronkWiz

Whop is now officially independent from Stripe. What this means for anybody running a business on Whop: > Orchestration through multi-PSPs is now available (lifts your revenue by 5 - 10%) > Sellers can get paid out in nearly every country via local banks, BTC, or stablecoins > We’ve lowered our credit card rates to 2.7% + 30 cents —- We think that one day, money will be a commodity. The goal of Whop is to expedite that process. Today, we have taken a step forward in commoditizing payments so that everyone in the world can accept credit and debit cards the same way large enterprises can. Payments from the future are available today — whop.com/payments

The Whop sales team is expanding 💪 We're hiring more cracked people to help us grow - $130k base + commission + equity in Whop - $45 daily Uber Eats credits - Free Equinox + $9k/yr rent stipend + health care Top reps make $1mil+/year 🙈 (Pic from daily 9pm stand-down)

New onboarding just dropped 💪 It's easier than ever to process payments on Whop

Settings page is now cleaned up 🧹 There's now 1 place to manage your: - Notifications - Checkout settings - Legal documents - Tracking pixels