People, every show

Alexandre Eruimy

Co-founder, MAGNETIC. On 1 show, 1 appearance. The Shows tab opens the full record on each.

executivefounderinvestor@AlexandreEruimy ↗LinkedIn ↗prestashop-project.org ↗

Alexandre Eruimy is the co-founder of MAGNETIC and former CEO of open-source e-commerce platform PrestaShop. He previously worked at Google and Roland Berger, and actively invests in early-stage tech ventures as an angel investor.

What they said10 Shows1

Everything Alexandre Eruimy said on any show that made the record, most notable first. Each card names its show and opens the statement there.

TOP FOUNDERS Assertion Contradicted

Eruimy: Shopify locks users in by owning their merchant data

“Because Shopify, you, you're in a closed environment. So your data are owned by Shopify. And if you want to shift to something else, you have to rebuild your store from scratch.”

Alexandre Eruimy Jan 18, 2019 ▶ 3:45 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

TOP FOUNDERS Assertion Not checkable as stated

PrestaShop monetizes free open-source software via marketplace add-ons and sponsors

“We mostly monetize through add-ons sales. So we've built and developed a software which is open source and distributed for free on our websites. And the way we get money, it mainly comes from So modules or add-ons or connectors, which are sold on our marketpla…”

Alexandre Eruimy Jan 18, 2019 ▶ 1:42 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

TOP FOUNDERS Assertion Supported

PrestaShop Launches 'PrestaShop Ready' SaaS Tier in France, Italy, and Spain

“We've just launched our SaaS Software and a SAS version last week. In France, Italy, and Spain. So it's called PrestaShop ready. It's a brand new offer launched in the market.”

Alexandre Eruimy Jan 18, 2019 ▶ 2:26 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

TOP FOUNDERS Assertion Not checkable as stated

PrestaShop powers 270,000 active on-premise stores, with 80% based in Europe

“Hundreds of merchants and on our on-prem solution, we have 270,000 stores active to date, which means that we are part of the leading solution worldwide and the leader on in Europe, because 80% are based in Europe, making us a leader solution in Europe.”

Alexandre Eruimy Jan 18, 2019 ▶ 4:39 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

TOP FOUNDERS Assertion Supported

PrestaShop has raised a total of $15 million in venture funding

“15 fifteen million dollars.”

Alexandre Eruimy Jan 18, 2019 ▶ 10:52 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

TOP FOUNDERS Assertion Not checkable as stated

Eruimy: PrestaShop doubled sales and grew store base 20% annually over 5 years

“So we have doubled off sales over the last the last five years. And also we acknowledge a plus 20% year on year growth of our store base over the last five years.”

Alexandre Eruimy Jan 18, 2019 ▶ 12:13 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

TOP FOUNDERS Assertion Not checkable as stated

PrestaShop generated around $16 million in revenue in 2017

“So 12 months ago, we were around sixteen million.”

Alexandre Eruimy Jan 18, 2019 ▶ 12:59 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

TOP FOUNDERS Assertion Not checkable as stated

Eruimy: PrestaShop is currently cash flow positive

“We are now being cash positive.”

Alexandre Eruimy Jan 18, 2019 ▶ 13:12 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

TOP FOUNDERS Assertion Not checkable as stated

PrestaShop employs almost 120 people across its offices

“So overall we have almost 120 people.”

Alexandre Eruimy Jan 18, 2019 ▶ 12:05 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

TOP FOUNDERS Assertion Supported

Eruimy: PrestaShop last raised venture capital in 2014

“It was in 2014.”

Alexandre Eruimy Jan 18, 2019 ▶ 13:19 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

One line per show, most statements first. The link opens Alexandre's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

Show	Role there	Eps	Statements	Record
TOP FOUNDERSLEDGER	Co-founder, MAGNETIC	1	10	75% 3/4	full record on Top Founders →