Ramping Up
<p>Today, <a href="https://ramp.com/">Ramp</a> announced that it raised $750 million -- $200 million in equity and $550 in debt -- at an $8.1 billion valuation from existing investors, led by Keith Rabois at Founders Fund. Not Boring Capital participated. It also hit $100 million in annualized revenue just two years after launching.&nbsp;</p> <p>For this piece, Ramp's co-founders Eric Glyman and Karim Atiyeh let me peek behind the curtains to help understand what Ramp is building and how. I think that they have a Google-sized opportunity in front of them.&nbsp;</p> <p>You can <a href="https://www.notboring.co/p/ramping-up?s=w">read the full piece at Not Boring</a>.</p> <p>Thanks to today's sponsor, <a href="https://www.masterworks.io/?utm_source=notboring&amp;utm_medium=podcast&amp;utm_term=Not+Boring+Subscribers" target="_blank">Masterworks</a>, the best place to invest in world-class art without needing a world-class bank account.&nbsp;</p> --- Send in a voice message: https://podcasters.spotify.com/pod/show/ageofmiracles/message
"Age of Miracles" · Packy McCormick | Turpentine
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Show Notes
Today, Ramp announced that it raised $750 million -- $200 million in equity and $550 in debt -- at an $8.1 billion valuation from existing investors, led by Keith Rabois at Founders Fund. Not Boring Capital participated. It also hit $100 million in annualized revenue just two years after launching.
For this piece, Ramp's co-founders Eric Glyman and Karim Atiyeh let me peek behind the curtains to help understand what Ramp is building and how. I think that they have a Google-sized opportunity in front of them.
You can read the full piece at Not Boring.
Thanks to today's sponsor, Masterworks, the best place to invest in world-class art without needing a world-class bank account.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/ageofmiracles/message