How Shopify changed commerce

02/11/2022 8 min Temporada 1 Episodio 7
How Shopify changed commerce

Listen "How Shopify changed commerce"

Episode Synopsis

View the full writeup hereIt started with snowboardsWooCommerce, BigCommerce, Magento… these companies are among a stacked lineup of business solutions that help you run your own online store. Online retail sales are expected to reach over $6 trillion by 2023. But back in the early 2000s, one company — unbeknownst at the time — paved the way.Today, Shopify has a market cap of over $30 billion dollars, dwarfing the competition, but founders Tobias Lütke and Scott Lake had no intentions of transforming the entire e-commerce industry. The results of what they found provide valuable insight into anyone running their own SaaS business.