Entrepreneurs-journey.com Podcast By Yaro

Collis Ta'eed with his wife Cyan started out with an idea -- they wanted to create a marketplace where digital media producers could sell their creations to customers. They began with the then popular Flash file format and later expanded into things like WordPress themes, music, video and code. Each type of media had a marketplace, including Themeforest for Wordpress and Audiojungle for music files. As is typical for the marketplace model, they took a small fee from each transaction. All these marketplaces would later be combined together under the company name Envato.  Today Envato is still a privately held company having been bootstrapped from day one. Because they are private, we don't have any public numbers about how much money they generate, but based on what journalists in Australia have written, the company does about $300 Million a year in revenue. Collis, at the time he stepped down as CEO of Envato in 2020, reported that they had crossed the major milestone of $1 Billion in creator earnings. 81,000