Tobi Lütke

also referred to as: tobi l–tke

45 statements across 8 episodes · 14 bullish · 10 bearish · 6 people on the record · first statement May 12, 2017 by Harley Finkelstein · said 52 times in 21 episodes since 2017 · across every show →

On the record as a speaker too: Tobi Lütke's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Harry Stebbings (16), Tooey Courtemanche (8), Jason Lemkin (8), Jean-Michel Lemieux (7), Carl Rivera (5), Kyle Norton (2), Kaz Nejatian (2), Mike Cannon-Brookes (1)

tap a year for its mentions
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0482017201820192020202120222023202420252026episodes it came up in
0024482017201820192020202120222023202420252026episodesmentions per episode
2026 5 mentions in 3 episodes 2 per episode
2025 16 mentions in 8 episodes 2 per episode
2024 19 mentions in 5 episodes 4 per episode
2023 10 mentions in 3 episodes 3 per episode
2022 1 mention in 1 episode
2017 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Tobi Lütke, oldest first

May 12, 2017
Assertion Supported
Neither Shopify's founders nor CFO had public company leadership experience
“Myself and Toby, we've never ran a publicly traded company before. Even our CFO, who has a lot of experience as a CFO, he's never really ran a public company either.”
Harley Finkelstein May 12, 2017 ▶ 21:45 20VC: Building Shopify From $5m To IPO, Why The Future Of Retail Is Not Online vs Offline & Why Law School Is Like Finishing School For Entrepreneurs with Harley Finkelstein, COO @ Shopify
May 12, 2017
Assertion Partly supported
Finkelstein: Shopify warned IPO investors against expecting short-term revenue chasing
“In fact, if you read our Toby's letter to shareholders when we filed our IPO, we made it very clear that if you're looking for sort of quick wins, and you're looking for a company that is going to chase revenue, we're probably not the right company. To invest …”
Harley Finkelstein May 12, 2017 ▶ 9:02 20VC: Building Shopify From $5m To IPO, Why The Future Of Retail Is Not Online vs Offline & Why Law School Is Like Finishing School For Entrepreneurs with Harley Finkelstein, COO @ Shopify
Mar 11, 2022 positive
Assertion Partly supported
Tobi Lütke launched Shopify when his software outgrew his snowboard business
“By 2005, it became clear to him that the software behind the snowboard business was more valuable Than the snowboard business itself. And so he launched Shopify.”
Harley Finkelstein Mar 11, 2022 ▶ 4:13 Shopify President, Harley Finkelstein on What is Being a Good Husband | Full Interview · 20VC with Harry Stebbings
Mar 8, 2023
Assertion Not checkable as stated
Shopify's previous org structure required product escalations to go directly to CEO Tobi Lütke
“In the old org structure, the first point in the org chart where all those 14 teams actually, like, joined at the top was Tobii. So anytime someone has an escalation, the first point in the escalation tree was Toby”
Glen Coates Mar 8, 2023 ▶ 25:53 Glen Coates: Why Shopify Will Dominate Amazon; How Microsoft Made Smartest Move of 2023 | E986 · 20VC with Harry Stebbings
Mar 8, 2023 positive
Assertion Not checkable as stated
Coates: Tobi Lütke is and will always be Shopify's head of product
“Toby, like all great CEO founders, is actually the head of product at Shopify, and will always be. I think the day that Toby's not running a product at Shopify is the day that he's not at Shopify.”
Glen Coates Mar 8, 2023 ▶ 42:43 Glen Coates: Why Shopify Will Dominate Amazon; How Microsoft Made Smartest Move of 2023 | E986 · 20VC with Harry Stebbings
Mar 8, 2023
Assertion Not checkable as stated
Coates Executed a 'Code Red' Fix on Shopify's Checkout in 2020
“So that was a year in which there was some really fundamental things in the checkout that needed to be fixed, like rather promptly. And so Toby asked me to move over and basically like run a, what's called a code red on checkout.”
Glen Coates Mar 8, 2023 ▶ 4:43 Glen Coates: Why Shopify Will Dominate Amazon; How Microsoft Made Smartest Move of 2023 | E986 · 20VC with Harry Stebbings
Apr 3, 2023 positive
Insight
Tobi Lütke: The best teams are 'greedy for constraints'
“This is, I think what the best teams do everywhere. They are greedy for constraints. They want to understand what is, like, how can we restrict our space so that we get to get started, develop something”
Tobi L–tke Apr 3, 2023 ▶ 16:00 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Apr 3, 2023
Insight
Tobi Lütke: The hedonistic treadmill is the primary engine of human progress
“The hedonistic treadmill is, is, is a, is the engine of humanity. It's the thing that drives us to do everything that we actually value.”
Tobi L–tke Apr 3, 2023 ▶ 1:00:34 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Apr 3, 2023
Insight
Tobi Lütke: Life's work is minimizing the gap between actual and potential self
“I know it sounds like super fortune cookie, but like I describe it like I you know, it's as if at the end of life you meet the person you could have become and the work of life is really try to minimize the diff between that person and the one that actually sh…”
Tobi Lütke Apr 3, 2023 ▶ 6:20 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Apr 3, 2023
Insight
Tobi Lütke: Striving for happiness keeps people miserable; aim for contentment
“I think happiness is a temporary thing, but it's a terrible goal. Like in fact, it's a goal that's sold to people to keep them miserable, but you want contentment, which is very different.”
Tobi Lütke Apr 3, 2023 ▶ 0:00 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Apr 3, 2023
Insight
Tobi Lütke: Great CEOs succeed through accurate world models, not resource allocation
“I think I think it's a heuristic by which. People can explain to themselves why certain people are great CEOs, but it's not the reason. It's not causal. It's correlated. I think the causal, causality runs by, I think the best CEOs are people who have a more co…”
Tobi L–tke Apr 3, 2023 ▶ 21:32 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Apr 3, 2023 negative
Disclosure
Tobi Lütke's core parenting principle: no 'black boxes' in the house
“I hate black boxes. I don't, I really, really dislike black boxes. It's actually like a parroting principle in our house. Like we talk about this with my kids. It's like, we do not like black boxes in the house. Everyone, everything is understandable and every…”
Tobi L–tke Apr 3, 2023 ▶ 2:49 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Apr 3, 2023
Insight
Tobi Lütke: Extreme wealth only improves daily quality of life by 2-5%
“I would say it makes my days probably between two and five percent better. That's it.”
Tobi L–tke Apr 3, 2023 ▶ 1:03:15 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Apr 3, 2023
Insight
Tobi Lütke: The optimal team size for fast execution is six people
“The best team in the world, the fastest moving team in the world is one person that has all the skills needed. The second best is a team of six people that are very, like intellectually diverse and can bring a lot of new different information together, but, li…”
Tobi L–tke Apr 3, 2023 ▶ 35:32 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Apr 3, 2023
Disclosure
Tobi Lütke tests new ideas in a single afternoon before committing
“So this is usually when I'm, when my objective is to find out if something is of value, I try to figure out with everything I already got, and an afternoon of time, how can I get basically a scorecard for this before, before, before you go deeper into this.”
Tobi L–tke Apr 3, 2023 ▶ 11:24 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Apr 3, 2023 positive
Assertion Supported
Tobi Lütke: Shopify caps prototype projects at three people and six weeks
“In Shopify, like every project goes to multiple phases. There's a prototype phase, there's like there's a proposal phase before that. If proposal is accepted, you go to prototype phase, build, and then releasing. The prototype phase Is ideally time constraints…”
Tobi L–tke Apr 3, 2023 ▶ 16:42 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Apr 3, 2023
Insight
Tobi Lütke: Failing to actively remove processes gums up company systems
“It's much easier to add something to a company than it is to remove something from a company. And so if you can only add, never remove, you're gumming up the system after a while.”
Tobi L–tke Apr 3, 2023 ▶ 23:12 Shopify CEO Tobi Lütke: Remote Work vs In-Person; The Benefit of Setting Constraints | E997 · 20VC with Harry Stebbings
Jun 9, 2023 positive
Insight
Tobi Lütke: Tech leaders must understand AI models, not use black boxes
“I need to not treat transformer models as a black box. Like I need to understand those because otherwise I cannot show up to a meeting with my teams and have a good chance of reasoning with them about not just what is sort of a convenient next task, but what's…”
Tobi Lütke Jun 9, 2023 ▶ 14:10 20VC: What are the World's Tech Leaders Running From? Fear? Insecurity? Poverty? What Drives the Best with Orlando Bravo, Bill Ackman, Dara Khosrowshahi, Parker Conrad, Tobi Luttke, Brian Armstrong and more..
Jun 9, 2023
Insight
Tobi Lütke: Decision Quality Depends Entirely on World Model Accuracy
“And the quality of all decisions is simply How correct, how close to the truth is that model of a world that I've been developing?”
Tobi Lütke Jun 9, 2023 ▶ 13:59 20VC: What are the World's Tech Leaders Running From? Fear? Insecurity? Poverty? What Drives the Best with Orlando Bravo, Bill Ackman, Dara Khosrowshahi, Parker Conrad, Tobi Luttke, Brian Armstrong and more..
Aug 14, 2024 neutral
Assertion Not checkable as stated
Nejatian: My most frequent Slack phrase to Tobi Lütke was 'I disagree'
“I actually once looked at my Slack history with Toby. And the most common phrase I had told him was, I disagree.”
Kaz Nejatian Aug 14, 2024 ▶ 13:38 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Aug 14, 2024 positive
Disclosure
Nejatian: Tobi Lütke overruled my opposition to remote culture software
“We were starting to build internal software. Shopify is a remote company. We're starting to build software to manage our culture remotely. I thought this was just the nuttiest thing to do. Like, this is just, like, total waste of code. Like, this is a bad idea…”
Kaz Nejatian Aug 14, 2024 ▶ 12:44 Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings
Nov 14, 2025 neutral
Prediction Not checkable as stated
Rivera: Tobi Lütke will be the reason I eventually leave Shopify
“This I probably shouldn't say on a podcast, but he's the reason I'm here, and he's the reason that I one day leave. And I say that in a very loving way in that I also appreciate that at some point there might be a rift where we think so differently about the f…”
Carl Rivera Nov 14, 2025 ▶ 29:51 20Product: How AI Changes Product Design | Does the Design Phase Become Irrelevant in a World of Vibe Coding | The Five Pillars of Truly Great Product Design with Carl Rivera, Chief Design Officer at Shopify
Nov 14, 2025 positive
Assertion Not checkable as stated
Rivera: Tobi Lütke effectively acts as Chief Product Officer at Shopify
“It's not even a question of whether we agree with it or not. This is as close to a fact as we can possibly get on anything.”
Carl Rivera Nov 14, 2025 ▶ 28:39 20Product: How AI Changes Product Design | Does the Design Phase Become Irrelevant in a World of Vibe Coding | The Five Pillars of Truly Great Product Design with Carl Rivera, Chief Design Officer at Shopify
May 4, 2026 negative
Opinion
Tobi Lütke: Government operations cost 10x as much as private enterprise
“Governments are extremely bad at what they do. Everyone needs to know that like the moment a government takes over anything, it will cost 10 times as much, which is really, really, really bad”
Tobi Lütke May 4, 2026 ▶ 39:12 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 negative
Prediction Not checkable as stated
Tobi Lütke: Restricting youth AI access will drive kids to Chinese models
“AI has so many naysayers, like, we are gonna tell kids they can't use AI. Kids will not stop using AI. What they will do is they will download Chinese models, and you will never, ever, ever get another high school essay about Tiananmen Square as a consequence …”
Tobi Lütke May 4, 2026 ▶ 44:39 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026
Insight
Tobi Lütke: Great leaders must be exothermic heat sources for innovation
“It's very hard to forge anything new at room temperature. So like, I think great leaders must be exothermic and must be a heat source for the company. It's very different opinion than the custodial idea of leadership, which is also a valid position to take.”
Tobi Lütke May 4, 2026 ▶ 52:53 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 negative
Opinion
Tobi Lütke: At least half the population fundamentally misunderstands wealth creation
“There's an enormous amount, at least half of population is utterly confused about how this all works and makes very, very bad choices due to this.”
Tobi Lütke May 4, 2026 ▶ 26:20 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 negative
Opinion
Tobi Lütke calls the climate movement one of the most evil things
“Well, you have to get rid of the climate cult, first of all because it's just like, I mean, it's one of the most evil things that's been wrought on on, on, on population.”
Tobi Lütke May 4, 2026 ▶ 47:14 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 bullish
Prediction Not checkable as stated
Tobi Lütke: AI will reduce the dominance of bad-faith media actors
“So we are, we're going in a world where I think less of the airwaves will be dominated by the bored people who act in bad faith, because I think the other side has ability to push back.”
Tobi Lütke May 4, 2026 ▶ 1:20:04 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026
Insight
Tobi Lütke: Stock tickers reflect external market trades, not company building
“The ticker has nothing to do with the company I'm building. The ticker is a is guessing at the fair market value of a company. I work on a fair market value of a company. I like the ticker is just other people's game to make trades based on their assumptions o…”
Tobi Lütke May 4, 2026 ▶ 55:20 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026
Disclosure
Tobi Lütke: My children do not have smartphones or social media accounts
“My kids are totally uninterested in social media. Like they just don't, they completely don't give a shit. They follow links to social media sometimes, but they have no interest in being, having accounts and they don't have phones.”
Tobi Lütke May 4, 2026 ▶ 45:40 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 negative
Insight
Tobi Lütke: Blunt Enneagram Type Eights get pushed out to found companies
“I don't think eights, like eights are basically conspired against in companies. They, because they are paying their asses. They just say, they say a thing. They say like, this is It's a shit. Like if something, if our shit does not smell better than other peop…”
Tobi Lütke May 4, 2026 ▶ 6:00 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026
Disclosure
Tobi Lütke claims he hasn't checked Shopify's stock price in 23 days
“I have not looked at the ticker in April. Like, I can, I know this for a fact. So it's probably much longer than that, but I definitely know I haven't looked in the last 23 days when we record this.”
Tobi Lütke May 4, 2026 ▶ 56:10 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 bullish
Insight
Tobi Lütke: Steve Jobs' return to Apple normalized long-term founder control
“Apple brought Steve back. It just creates, created the boundary conditions for more financiers, capital boards to actually just give founders like a longer run, right? Like a long, longer run rate. And so and then the results were pretty good because now you h…”
Tobi Lütke May 4, 2026 ▶ 6:45 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 negative
Opinion
Tobi Lütke: Society prioritizes sounding good over practical results
“What really sucks in the world is that we are prioritizing things that sound good over things that work.”
Tobi Lütke May 4, 2026 ▶ 0:43 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 negative
Insight
Tobi Lütke: Philanthropy is only virtuous if it yields effective outcomes
“Giving money is not virtuous unless it causes the right things.”
Tobi Lütke May 4, 2026 ▶ 34:04 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026
Insight
Tobi Lütke: All politics is ultimately collectivism versus individualism
“Like, all politics is just collectivism versus individualism, right? Like, it's everything else is people smokescreening this stuff.”
Tobi Lütke May 4, 2026 ▶ 45:20 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 neutral
Prediction Open · timeframe May 2031
Tobi Lütke aims to keep Shopify headcount flat with 100x AI productivity
“My real hope is seven and a half to 8000, right? Like at a hundred x productivity level, right?”
Tobi Lütke May 4, 2026 ▶ 16:43 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 positive
Opinion
Tobi Lütke: Building companies is more democratic than voting in elections
“Specifically like the people who get their wealth by building companies. Have not stolen anything. They have created a product that people voted for. It's actually the most democratic thing that exists. It's vastly more democratic than any of the elections tha…”
Tobi Lütke May 4, 2026 ▶ 1:13:44 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 positive
Assertion Contradicted
Tobi Lütke: 10 million people work daily on Shopify
“There's probably ten million people working day to day on Shopify.”
Tobi Lütke May 4, 2026 ▶ 1:12:15 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 positive
Insight
Tobi Lütke: Government's sole role is setting rules and stepping aside
“The role of government is very simple. It's to define games that have as externalities societal thriving. And then completely get out of the game to then let the players in this game cause, through means of competition extremely positive externalities to accru…”
Tobi Lütke May 4, 2026 ▶ 37:30 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 positive
Disclosure
Tobi Lütke actively seeks out Enneagram Type Eight executives at Shopify
“Shopify is remarkably high on aids because I really seek them. I fundamentally like this kind of discussion.”
Tobi Lütke May 4, 2026 ▶ 7:16 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 positive
Prediction Open · timeframe May 2036
Tobi Lütke: Most top jobs in ten years do not exist today
“It's a brilliant start, and that is going to be true in 10 years too, and 10 years after that.”
Tobi Lütke May 4, 2026 ▶ 22:49 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 negative
Insight
Tobi Lütke: Fear-based motivation creates a limiting short-term focus
“People who fear of losing and people who fear of winning clearly going to look at things much more short term. It's like, it's the next iteration matters the most. And I find that this a kind of, I think that's a limiting thing in a lot of cases, especially wi…”
Tobi Lütke May 4, 2026 ▶ 2:25 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
May 4, 2026 negative
Disclosure
Tobi Lütke: Shopify's logistics fulfillment pivot was my most public mistake
“I think my most public mistake was going into Full on logistics and physical warehouse building just before AI got really good and not like, and we didn't have the ability to you know, do both of those things at the same time. So we actually had to like abando…”
Tobi Lütke May 4, 2026 ▶ 51:05 Shopify CEO on How AI is a Scapegoat for Mass Layoffs & Trump Derangement Syndrome in Canada · 20VC with Harry Stebbings
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