Tobias "Toby" Lütke
7 statements across 2 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement Aug 5, 2019 by Tobias Lütke · across every show →
Everything said about Tobias "Toby" Lütke, oldest first
Aug 5, 2019 negative
Lütke: Siemens' corporate culture was exceptionally mistrustful of its employees
“Like working for Siemens has been probably one of the most important things I've ever done in my life because it kind of taught me what I don't want. It was, In so many ways, a strange company culture in the way that it felt exceptionally mistrusting of everyo…”
Aug 5, 2019 neutral
Tobias Lütke grew up with dyslexia and clear-cut ADHD symptoms
“I got diagnosed with all sorts of learning disabilities, and it was very hard for me to perform well in the tests and so on. And I don't think I ended up getting a full diagnosis of it, but now it was a pretty clear-cut way of ADHD. ADHD. I grew up dyslexic so…”
Aug 5, 2019 negative
Lütke: Shopify's Early Percentage Fee Failed Because Big Sellers Rejected It
“And the model was, I think we charged like three and a half or 3.75% per, per sale. It was a complete failure of a business model because basically everyone who didn't expect to have sales thought it was amazing, and people who expected to sell a lot would, th…”
Aug 5, 2019
Aug 5, 2019 neutral
May 16, 2020
Lütke: Treating company culture as static destroys it as organizations scale
“The way a lot of companies end up destroying their own culture is by seeing it as a static thing that has to be kept rather than wanting to evolve it with the situation that they are in. Like it's impossible to have the same culture in a five people company as…”
May 16, 2020 bullish
Lütke: Heinz launched a direct-to-consumer Shopify store in seven days
“We have had Heinz Ketchup go online, which is a 151 year old company that I don't think ever expected to go direct to consumer, but everyone's facing the same problems. And, you know, in seven days they stood up a site and now you can buy ketchup online.”