Shopify

“We just worked with Shopify to, like they now offer a stablecoin Payments on all of their checkouts, or they're rolling that out on all of their checkouts. That's just not a thing that would have made sense even three or four years ago.”

“It's a 16% conversion increase by it being robbed, right?”

“The downside of a drive to efficiency is that it requires you to act on, on, on quantifiable, right? Like, you can only measure what you can measure, or for, like, somatically. So, that's not the entire, like, the space of how to make better companies. Like, t…”

“The first 80% of every e-commerce business are the same. It's like, you need a checkout, you need credit cards, and you're taking credit cards for us, and you know, like, you need the hosting, and the checkout, and all this got fixed, and admin interface. So, …”

“You really deal with log contention, and log contention is difficult. You, it's very, very hard to scale if everyone at the same time wants to decrement an integer in the database just actually then also the transaction involves Having to go to interchange and…”

“It is significantly harder for executives. It's very unpopular for executives because obviously they just don't own, like, the entire shebang that they can, you know, make all decisions in, and that's requires a lot more collaboration, which feels strong and f…”

“I think the Meta Shopify LA group has created more businesses than like you know, any government policy in history.”

“The one that did it for us first it was like some, something in 2010, it was a this is called The Chive, which was like some, I mean, it's a website, it was like some community. Some t-shirt with Bill Murray on it. And that thing, every single time it went on …”

“The reason why you didn't invest is like you said, like there's 40,000 online stores in the world right now in 2008. And Well, you can get half of them, but that's not actually that big of a business. And what we miss is, like, well, Shopify itself was the sol…”

“Thanks to Shopify, we are now, I don't think it's hyperbole to say we're living in an inverted world where the very large retailers are worse off in their e-commerce experience. They have, you know, worse systems and lower converting websites than Small busine…”

“I think the sort of core part of Shopify with all the like, minor stuff like the identity system and all these kind of things is like, 20 million lines of code, and then the TypeScript written admin interface is like another, I think eight, nine, 10 every reas…”

“All these stories of software is for a certain segment of a market are skills issues, and that's exactly what they sounded like when I first heard about it. It's convenience to the company making the software to say, we are focused on one segment, and by the w…”

“Tech is extraordinarily bad at partnerships. It's and I mean, it, it's always treated as a prisoner's dilemma that at some point, someone in the company realizes defecting gives you five points on the map, and that sounds really, really good with the short-ter…”

“No, we took inspiration from GSD, your system, as we built out ours similarly, and having a centralized internal source of truth for projects that are going on is, Surprisingly helpful, and it feels like it shouldn't be, but it is.”

“Through, like, the work that Bridge is doing, we can settle into US dollars directly. So the merchants They've just gained a new ability without having to make a strategic choice to go into a new industry.”

“And I think there's going to be some productizations of GSD that'll be available to everyone. That's probably going to be renamed 15 times or whatever, become a category of software that's going to exist. And then everyone's going to be wondering how the hell …”

“We actually are under the opinion at this point that everyone should be able to code, at least sort of since Vibe coding is around. This is clearly, this has gone from a, you know, have to spend all of your teenage years in a dark room Cultivating a rare skill…”

“If you use software by others, you have to buy into their vision.”

“In, in, in our case, in HRS, we had some things that were not doable with Workday and all these systems, and so we built it ourselves.”

“It's the sort of missing ingredient people talk about, you know, people talk about incentives shaping companies, and then policies shaping companies. So, those tend to be the two tools. And I think then, sort of generally, like, if people are really insightful…”

“Some of these businesses that had like a 100,000 or million sales are like, 18 months old.”

“What we want to do is make sure that like, Everyone's plugged into the various chat systems, and there's an MCP connected to every Shopify store, and you know, global catalog that's really nicely presented, so it's we're building software specifically for the …”