Tobi Lütke

17 statements across 3 episodes · 4 bullish · 3 bearish · 3 people on the record · first statement Nov 7, 2024 by Archie Abrams · said 5 times in 3 episodes since 2024 · 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 Archie Abrams (3), Lenny Rachitsky (1), Aparna Chennapragada (1)

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Everything said about Tobi Lütke, oldest first

Nov 7, 2024 positive
Insight
Shopify Skips a CMO Because Its Founders Drive the Brand Story
“I think it only works because Toby, Harley have such amazing Intuition on what the brand is, needs to be, and all of that, that some of what the CMO does of kind of creating the cohesive story of Shopify, It's kind of held in, in their heads and they kind of, …”
Archie Abrams Nov 7, 2024 ▶ 1:07:59 Breaking the rules of growth: Why Shopify bans KPIs, optimizes for churn, and prioritizes intuition
Dec 19, 2024
Assertion Open · timeframe Dec 2024
Shopify founders deleted incomplete code after one hour of pair programming
“You know, Toby famously built a lot of Shopify pair programming, and what he would do is he would actually set a timer And him and his, the CTO, Cody, would pair program for one hour, and if they did not finish the problem in one hour, they would delete all th…”
Farhan Thawar Dec 19, 2024 ▶ 23:20 How Shopify builds a high-intensity culture | Farhan Thawar (VP and Head of Eng)
Dec 19, 2024 neutral
Assertion Not checkable as stated
Shopify CEO Tobi Lütke starts every new employee at fifty percent trust
“I've seen people use it as a, like, I'm pretty sure Toby says he starts everyone at 50% and then he gets to know you.”
Farhan Thawar Dec 19, 2024 ▶ 1:00:07 How Shopify builds a high-intensity culture | Farhan Thawar (VP and Head of Eng)
Dec 19, 2024 negative
Assertion Not checkable as stated
Internal data shows employee alignment degrades with distance from Shopify's CEO
“The farther you are from Toby, the, like we can see things in like the survey results, like the alignment gets out of whack. And so you do actually see that you want to be closer. You want to have a flatter org in general, and that can be achieved by just havi…”
Farhan Thawar Dec 19, 2024 ▶ 1:20:24 How Shopify builds a high-intensity culture | Farhan Thawar (VP and Head of Eng)
Dec 19, 2024 positive
Opinion
Thawar: Billionaire tech founders share irrational multi-decade visions for the world
“They're mostly different people, but they're similar in one thing is that they have an irrational view of what the world should look like over the next decade or so. They're very long-term thinkers, very rational in that they'll look and say, Hey, 1015, 2025 y…”
Farhan Thawar Dec 19, 2024 ▶ 14:01 How Shopify builds a high-intensity culture | Farhan Thawar (VP and Head of Eng)
Feb 2, 2025
Disclosure
Tobi Lütke: Shopify operates without KPIs or traditional Silicon Valley OKRs
“So it's true that we don't have KPIs and we don't have like at least okay us in the sort of Silicon Valley sense, but we are extremely data informed.”
Tobi Lütke Feb 2, 2025 ▶ 17:59 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025
Insight
Tobi Lütke: Only 20% of valuable product work is fully quantifiable
“I just think the overlap of most valuable things you can do with a product and the things that happen to be fully quantifiable is, like, maybe 20%, which leaves 80% of the value space unaddressable by the people who only look at the quantifiable things.”
Tobi Lütke Feb 2, 2025 ▶ 19:15 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025
Insight
Lütke: Making only good choices often leads to bad local maxima
“Most of the time you end up in a bad part of a tree in a bad, in a local maxima of a path dependent environment by only making good choices. People think that like making a good choice inoculates you from ending, from making mistakes or that the presence of a …”
Tobi Lütke Feb 2, 2025 ▶ 42:31 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025 negative
Opinion
Tobi Lütke: Building a remote company is vastly harder and not recommended
“A better set of trade-offs for the future is to accept the vast additional difficulty of building a remote company. It's way harder. Like it's, Like, it's not something you should recommend to anyone to do this because you, it's the same as trying to run a wor…”
Tobi Lütke Feb 2, 2025 ▶ 43:53 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025
Insight
Lütke: Startups should keep everyone at one table until constraints force expansion
“Anyone who runs this optimization function I'm talking about here about a location strategy for a new startup will come like to the conclusion, if I do it right, that everyone should be sitting around the same table. Only if you can't do that, do you say, okay…”
Tobi Lütke Feb 2, 2025 ▶ 41:07 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025
Disclosure
Lütke: I act as devil's advocate 'end boss' when proposals lack surprise
“I will play devil's advocate actively if everyone agrees on something. And again, especially if you have, if a proposal is something that feels like I could have predicted would be a proposal before I got into the meeting and there was nothing surprising in it…”
Tobi Lütke Feb 2, 2025 ▶ 57:30 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025
Insight
Lütke: Letting teams work on doomed projects abdicates CEO responsibility
“Once I imagine something might be not the right thing to work on, I'm either incorrect at which point this is super important that I understand why, or I'm correct at which point it's super unfair for letting people work on something that isn't going to make i…”
Tobi Lütke Feb 2, 2025 ▶ 6:33 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025
Insight
Lütke: When Teams Have Fun Despite Declining Metrics, Metrics Will Rebound
“I think that if all the metrics are pointing down, but everyone says, my God, I'm having so much more fun. I think that the very next thing that will happen with some time delay is all metrics will start going, going up.”
Tobi Lütke Feb 2, 2025 ▶ 21:33 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025
Insight
Tobi Lütke: Optimism sounds naive while pessimism and metrics sound sophisticated
“Optimism always sounds dumb, or at least naive. Pessimism sounds extremely sophisticated. You know, metrics driven sounds extremely sophisticated. Talking about fun sounds like naive.”
Tobi Lütke Feb 2, 2025 ▶ 23:57 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025 negative
Insight
Lütke: Unambitious environments trap people into competing with everyone else
“Very often, it's honestly just like, it's an environment that just narrows the focus on fairly unambitious things, at which point you get stuck competing with literally everyone else in the world because everyone's unambitious.”
Tobi Lütke Feb 2, 2025 ▶ 9:18 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025 positive
Insight
Tobi Lütke: Most alpha comes from truths dismissed as naive
“Almost all of the alpha in the world is now in the, exactly the things that are unobvious, but true, and the things that people dismiss as an E or so”
Tobi Lütke Feb 2, 2025 ▶ 24:24 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
Feb 2, 2025 positive
Insight
Tobi Lütke: A CEO's job is building monetization levers, not pulling them
“The best companies, I believe are sort of virtually resemble, like, I mean, from, at least from the perspective of the leader, resemble some kind of cockpit or maybe like a room full of dials, right? Like full of dials or levers for you know, monetization. Lik…”
Tobi Lütke Feb 2, 2025 ▶ 1:08:19 Tobi Lütke's leadership playbook: First principles, infinite games, and maximizing human potential
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