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Tobi Lütke - Building Islands of Innovation - [Invest Like the Best, EP.393] — Invest Like the Best with Patrick O'Shaughnessy
overcast.fm
Tobi Lutke explains what the VCs who passed on Shopify got wrong
Tobi recounts pitching Shopify to VCs on Sand Hill Road a few years after founding Shopify.
Investors passed because they thought the addressable market was too small. At the time, there were about 40,000-50,000 online stores, ... See more
Startup Archivex.comTobi Lutke (@tobi) is the CEO of Shopify
He's one of my favorite CLEAR thinkers
I spent some time in lockdown going through his interviews
Here are 6 mental models I got from it
THREAD...
@george__macktwitter.com.@bchesky on how fast-growing companies become slow bureaucracies https://t.co/CyIPqOTPph
Lenny Rachitskyx.com
I just interviewed the man who invented Amazon Prime.
He started a business worth $40 billion today and served on Amazon's board for 15 yrs.
Here are lessons from Bing Gordon that'll save you years of mistakes: https://t.co/NatY4K3zlK
my ecom stack (to get to $25m/yr) - here's each tool that I use, and what I use it for.
1) @triplewhale - mobile dashboard is great. I can monitor the business at a glance on my phone.
2) @NumeralTax - state taxes. If you're not doing state taxes right, you're going to end up royally screw... See more
Shaan Purix.comIncreasingly believe that the "good, cheap, fast —choose two" maxim is devious misinformation spread by the slow.
In my experience, "slow" and "expensive" usually go together. I was in a meeting yesterday where lopping a year off a project schedule also ended up reducing the cost substantially. Fundamentally, it takes ti... See more
Patrick Collisonx.com