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Gumroad’s CEO on the corporate’s first 10 years, opponents like Patreon and Substack, the rise of the creator financial system, and the way app retailer “taxes” stifle development (Gumroad Ceo Patreon Substackkonstantinovic)

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10k us 22m 200m tiger 1b bergenbloomberg

A second indication of private equity’s wager that the rise in classroom technology would survive the epidemic is Tiger Global Management’s $200 million investment in GoGuardian, a firm that sells software to K–12 schools.

GoGuardian, which is supported by Sumeru Equity Partners LP, is now valued at more than $1 billion thanks to the investment. The Los Angeles-based firm was founded in 2014, and its first product was a Chrome extension that allowed schools to monitor and restrict their students’ internet use. GoGuardian experienced a surge in demand during the epidemic, similar to other online education businesses, as schools tried to implement virtual learning.

https://www.radarmagazine.com/10k-us-22m-200m-tiger-1b-bergenbloomberg/

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