hack news

Skio (YC S20) is hiring – subscriptions for Shopify, straightforward ReCharge migrations

What

We encourage brands on Shopify promote subscriptions (+a long way more within the long term). Since launching in unhurried-April 2021, now we agree with raised ~$7.4M in seed funding and are shut to series B metrics.

Ways we stand out:

  • Post product-market-fit since we’re “regiciding” a $2.1B incumbent with PMF (ReCharge). Liquid I.V., Bev, Muddy Bites, & most of our customers device from ReCharge.
  • Fintech + transaction price industry mannequin (1% + 20c on every expose).
  • One of many finest times to hitch in the case of danger/reward (put up-PMF whereas silent being pre-series A). QSBS also silent applies (tax reduce value).
  • Solo-founded. In total talking, solo-founded companies can give more equity and that’s the reason what we attain here. We imagine very phenomenal in hiring 1 sizable fit over 3 appropriate suits and giving the 1 sizable fit more equity.
  • Backed by Y Combinator (if merchants topic to you).
  • D2C/Shopify app ecosystem is low tech. No competitors with solid engineering groups. A entire bunch low hanging fruit.
  • Region your self as much as be a founder (whereas you are making an are attempting to need to). Be delighted to realize a form of studying here and dawdle off on one other adventure when the time is factual.
  • Flat org structure (with leads/comprehension-first titles). Correct read on this here.
  • Atmosphere friendly meeting culture. Create reversible decisions over Slack rapid. Create irreversible decisions a runt bit slower with conferences. Short conferences in its place of many 30m conferences.
  • Mountainous long-timeframe imaginative and prescient for building community outcomes.
  • Inspired by Netflix culture. Issue of us love a startup/excessive-upside version.
  • Trillies, no longer billies. Unicorn ability nothing. We aim for kermit ($1T+ valuation).

Mammoth traits

  • Fair. Would no longer lie by omission / imagine in ends justifying the ability.
  • Can grind (aka work longer hours vs. a big tech firm with 1000+ folks).
  • If truth be told appropriate at one thing with excessive talent ceiling. Poker, piano, gaming, sports actions, previous startup/project, the rest.
  • Adventure-driven. We’re here to construct a legendary firm & construct some fun memories (+confidently hundreds money).
  • Same sense of humor. We’re rekking a $2.1B, 8 year damaged-down incumbent as a 1 year damaged-down firm and it’ll be more fun whereas you imagine it’s hilarious. Or no longer it’s pretty phenomenal trolling on a industry stage.
  • High delta in circumstances & . Or no longer it’s a long way a lovely solid signal whereas you would possibly perchance well possibly possibly be ready to realize phenomenal higher than most folks on your shoes would attain.
  • Apolitical. Compile shit completed mentality (no longer performative). You care more about impact over title. Bonus functions whereas you agree with experienced a political firm culture and it killed you interior (will attain our finest to ascertain that this never happens here).
  • EV-essentially essentially based fully dedication-making. You prioritize things that construct customers delighted + construct us money.
  • Contrarian (within reason). You learn about the recognition quo and successfully are attempting and atomize it within the factual systems.
  • Independent. Can preserve vague requests and fetch them completed without needing too phenomenal encourage (whereas you would possibly perchance well possibly love devoted mentorship, it’s a long way no longer a fit).
  • Inventive. 5 excessive quality suggestions whereas working on 1 thought.

What they’re announcing

Dr.  Parik Patel tweets

Why

A gigantic portion of joining a startup is making a wager on the founder(s). With this in suggestions/to keep you time, here’s some causes to wager on me:

  • Be aware file of grinding:
    • Top 200 in LoL NA solo queue (100 million+ gamers globally) in 1 year.
    • Leetcoded internship affords (Pinterest, Stripe) & dropped out after 1 year to hitch Pinterest (2017).
    • Bought into Y Combinator in 1 month put up-thought (varied thought). Used to be no longer a sizable thought so I ate shit for 1 year earlier than pivoting to Skio.
    • Bought product-market-fit + raised a seed for Skio in 4 months put up-initiate. Used to be solo genuine by plan of this time (did eng., sales, increase, & fundraising).
  • No deepest security assemble (e.g. rich family, prior exits) forces me to work no longer easy.
  • Thick-skinned. I’m worn to being flamed from my gaming days 🙂 This helps me terminate cool in excessive-stress scenarios (I’m able to encourage soundless down infected folks).
  • Would possibly well perchance additionally no longer faucet out early. Many founders start focusing on varied things within the $1-10B differ (e.g. opinion leadership, angel investing, varied projects). I will attain my finest to preserve Skio into the trillies (kermit).

Annual shuffle fee

Income graph

Headcount

Headcount graph

Deck

Deck

Engineering

Product

Gross sales

Buyer Skills

Development

Operations

The entirety else

What

We encourage brands on Shopify promote subscriptions (+a long way more within the long term). Since launching in unhurried-April 2021, now we agree with raised ~$7.4M in seed funding and are shut to series B metrics.

Ways we stand out:

  • Post product-market-fit since we’re “regiciding” a $2.1B incumbent with PMF (ReCharge). Liquid I.V., Bev, Muddy Bites, & most of our customers device from ReCharge.
  • Fintech + transaction price industry mannequin (1% + 20c on every expose).
  • One of many finest times to hitch in the case of danger/reward (put up-PMF whereas silent being pre-series A). QSBS also silent applies (tax reduce value).
  • Solo-founded. In total talking, solo-founded companies can give more equity and that’s the reason what we attain here. We imagine very phenomenal in hiring 1 sizable fit over 3 appropriate suits and giving the 1 sizable fit more equity.
  • Backed by Y Combinator (if merchants topic to you).
  • D2C/Shopify app ecosystem is low tech. No competitors with solid engineering groups. A entire bunch low hanging fruit.
  • Region your self as much as be a founder (whereas you are making an are attempting to need to). Be delighted to realize a form of studying here and dawdle off on one other adventure when the time is factual.
  • Flat org structure (with leads/comprehension-first titles). Correct read on this here.
  • Atmosphere friendly meeting culture. Create reversible decisions over Slack rapid. Create irreversible decisions a runt bit slower with conferences. Short conferences in its place of many 30m conferences.
  • Mountainous long-timeframe imaginative and prescient for building community outcomes.
  • Inspired by Netflix culture. Issue of us love a startup/excessive-upside version.
  • Trillies, no longer billies. Unicorn ability nothing. We aim for kermit ($1T+ valuation).

Mammoth traits

  • Fair. Would no longer lie by omission / imagine in ends justifying the ability.
  • Can grind (aka work longer hours vs. a big tech firm with 1000+ folks).
  • If truth be told appropriate at one thing with excessive talent ceiling. Poker, piano, gaming, sports actions, previous startup/project, the rest.
  • Adventure-driven. We’re here to construct a legendary firm & construct some fun memories (+confidently hundreds money).
  • Same sense of humor. We’re rekking a $2.1B, 8 year damaged-down incumbent as a 1 year damaged-down firm and it’ll be more fun whereas you imagine it’s hilarious. Or no longer it’s pretty phenomenal trolling on a industry stage.
  • High delta in circumstances & . Or no longer it’s a long way a lovely solid signal whereas you would possibly perchance well possibly possibly be ready to realize phenomenal higher than most folks on your shoes would attain.
  • Apolitical. Compile shit completed mentality (no longer performative). You care more about impact over title. Bonus functions whereas you agree with experienced a political firm culture and it killed you interior (will attain our finest to ascertain that this never happens here).
  • EV-essentially essentially based fully dedication-making. You prioritize things that construct customers delighted + construct us money.
  • Contrarian (within reason). You learn about the recognition quo and successfully are attempting and atomize it within the factual systems.
  • Independent. Can preserve vague requests and fetch them completed without needing too phenomenal encourage (whereas you would possibly perchance well possibly love devoted mentorship, it’s a long way no longer a fit).
  • Inventive. 5 excessive quality suggestions whereas working on 1 thought.

What they’re announcing

Dr.  Parik Patel tweets

Why

A gigantic portion of joining a startup is making a wager on the founder(s). With this in suggestions/to keep you time, here’s some causes to wager on me:

  • Be aware file of grinding:
    • Top 200 in LoL NA solo queue (100 million+ gamers globally) in 1 year.
    • Leetcoded internship affords (Pinterest, Stripe) & dropped out after 1 year to hitch Pinterest (2017).
    • Bought into Y Combinator in 1 month put up-thought (varied thought). Used to be no longer a sizable thought so I ate shit for 1 year earlier than pivoting to Skio.
    • Bought product-market-fit + raised a seed for Skio in 4 months put up-initiate. Used to be solo genuine by plan of this time (did eng., sales, increase, & fundraising).
  • No deepest security assemble (e.g. rich family, prior exits) forces me to work no longer easy.
  • Thick-skinned. I’m worn to being flamed from my gaming days 🙂 This helps me terminate cool in excessive-stress scenarios (I’m able to encourage soundless down infected folks).
  • Would possibly well perchance additionally no longer faucet out early. Many founders start focusing on varied things within the $1-10B differ (e.g. opinion leadership, angel investing, varied projects). I will attain my finest to preserve Skio into the trillies (kermit).

Annual shuffle fee

Income graph

Headcount

Headcount graph

Deck

Deck

Engineering

Product

Gross sales

Buyer Skills

Development

Operations

The entirety else

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