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HomeUncategorizedSkio (YC S20) – Subscriptions for Shopify, ReCharge Migrations Is Hiring

Skio (YC S20) – Subscriptions for Shopify, ReCharge Migrations Is Hiring

What we do

We help brands on Shopify sell subscriptions (+more in the future).

Company health (as of February 2024)

  • Founded: 2021
  • Funding: $8.4M
  • Revenue: $8M ARR (97% margins)
  • Team size: 43

Ways we stand out

  • Post-PMF/actual revenue. $8M ARR (97% margin) as of February 2024 on $8.4M raised.
  • Transaction fee business model (1% + 20c on every order).
  • D2C/Shopify app ecosystem is low tech. Lots of low hanging fruit.
  • Minimal meeting culture. Make reversible decisions quickly. Make irreversible decisions less quickly. 15m meetings instead of 30m meetings. Good read on this here.
  • Backed by Y Combinator (if investors matter to you).

Values

  • Integrity. Always act like someone’s watching.
  • Agency. We look for drivers over passengers (Frank Slootman). You run through walls to get things done & question how things can be better instead of going with the flow (too many people who go with the flow and we’re going to be in a bad spot in 10 years).
  • Grind. We work long hours to be the best at what we do.
  • Hats. Wear many hats. No job is not your job.
  • Intent. Assume good intent (esp. w/ written communication). We’re sensitive without walking on eggshells.

Great traits

  • Really good at something with high skill ceiling. Poker, piano, gaming, sports, past startup/project, anything.
  • High delta in circumstances & outcome. It’s a pretty strong signal when you’re able to do much better than most people in your shoes would do.
  • Adventure-driven. We’re here to build a legendary company & make some fun memories (+hopefully lots of money).
  • EV-based decision-making. You look at how much X will help Y, the number of Y, and estimate how long X will take when deciding what to work on.
  • Autonomous. Can take vague requests and get them done without needing too much help.
  • Apolitical. Culmination of many points above. If you’ve experienced a political company culture and it killed you inside, then that’s great (will do our best to make sure this never happens here).

Deck

Deck

What they’re saying

Dr. Parik Patel tweet

What we do

We help brands on Shopify sell subscriptions (+more in the future).

Company health (as of February 2024)

  • Founded: 2021
  • Funding: $8.4M
  • Revenue: $8M ARR (97% margins)
  • Team size: 43

Ways we stand out

  • Post-PMF/actual revenue. $8M ARR (97% margin) as of February 2024 on $8.4M raised.
  • Transaction fee business model (1% + 20c on every order).
  • D2C/Shopify app ecosystem is low tech. Lots of low hanging fruit.
  • Minimal meeting culture. Make reversible decisions quickly. Make irreversible decisions less quickly. 15m meetings instead of 30m meetings. Good read on this here.
  • Backed by Y Combinator (if investors matter to you).

Values

  • Integrity. Always act like someone’s watching.
  • Agency. We look for drivers over passengers (Frank Slootman). You run through walls to get things done & question how things can be better instead of going with the flow (too many people who go with the flow and we’re going to be in a bad spot in 10 years).
  • Grind. We work long hours to be the best at what we do.
  • Hats. Wear many hats. No job is not your job.
  • Intent. Assume good intent (esp. w/ written communication). We’re sensitive without walking on eggshells.

Great traits

  • Really good at something with high skill ceiling. Poker, piano, gaming, sports, past startup/project, anything.
  • High delta in circumstances & outcome. It’s a pretty strong signal when you’re able to do much better than most people in your shoes would do.
  • Adventure-driven. We’re here to build a legendary company & make some fun memories (+hopefully lots of money).
  • EV-based decision-making. You look at how much X will help Y, the number of Y, and estimate how long X will take when deciding what to work on.
  • Autonomous. Can take vague requests and get them done without needing too much help.
  • Apolitical. Culmination of many points above. If you’ve experienced a political company culture and it killed you inside, then that’s great (will do our best to make sure this never happens here).

Deck

Deck

What they’re saying

Dr. Parik Patel tweet

Read More

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