Ramping Up

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