Software

#250 - Roy Rubin, Magento - From UCLA Dorm Room to $200+ BILLION in GMV

December 20, 2022
1
 MIN
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Guest Name:
Roy Rubin
Role:
Category:
Software
Speciality:
Company Name:
Magento
Revenue Stage:
50M+
Following:
50M+
Guest Bio

Episode Summary

Roy Rubin was the Co-founder and CEO of Magento. Launched in 2008, the open source Magento eCommerce platform has been embraced by developers and 250,000 merchants, transacting $100B+ annually. Magento was acquired by eBay, Inc. and later by Adobe Inc. He currently is a partner at R-Squared Ventures, a seed fund with over three dozen top entrepreneurs, founders, CEOs and investors as LPs - in Silicon Valley and Israel. Mainly focused on Fintech, Enterprise/SMB SaaS, Marketplaces and Digital Commerce.

Episode Notes

On this episode of DTC Pod, Roy joins Blaine & Ramon to talk about building one of the largest e-commerce platforms, closing down his services business and betting everything on the Magento opportunity, leveraging open source for early growth, building a community that lives & breathes your product, the ethos around building an amazing product, market timing, building developer first, startup vs. corporate culture, navigating an acquisition, looking back at Shopify vs. Magento, investing at R2, exciting technology trends, building companies again, and more.

Past guests & brands on DTC Pod include Gilt, PopSugar, Glossier, MadeIN, Prose, Bala, P.volve, Ritual, Bite, Oura, Levels, General Mills, Mid Day Squares, Prose, Arrae, Olipop, Ghia, Rosaluna, Form, Uncle Studios & many more.

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• #184 Jake Karls, Midday Squares - Turning Your Brand Into The Influencer With Content

• #205 Kasey Stewart: Suckerz- - Powering Your Launch With 300 Million Organic Views

• #219 JT Barnett: The TikTok Masterclass For Brands

• #223 Lauren Kleinman: The PR & Affiliate Marketing Playbook

• ​​​​#243 Kian Golzari - Source & Develop Products Like The World's Best Brands

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Roy Rubin - Was the Co-founder and CEO of Magento
Ramon Berrios - CEO of Trend.io
Blaine Bolus - Co-Founder of Seated

Episode Transcript & Castmagic Chat

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Ramon Berrios
Founder and CEO at Trend
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Ramon has Co-Founded Trend. It is a curated marketplace of creators and brands. We help brands source high quality custom content. We love working with new, innovative companies that are changing the game.

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Blaine
Co-Founded Seated,COO at Omnipanel
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Blaine Bolus is the Co-Founder of OmniPanel, the first software platform connecting CX & Internal teams.OmniPanel, backed by top Silicon Valley VCs, is building software infrastructure that powers cross-functional work, in an industry projected to be a $641 Billion Market in 2022.