Shopify

“I believe that's like one of the biggest opportunities in NFTs is just like make, make it really easy for people to do it almost as easy as creating a Shopify store.”

“In our public company, we bought a company called stamp, which is one of the top ratings and reviews apps on Shopify. We just closed that deal. There's a hundred and 110, I believe total. It gets paid out. It's a structure.”

“A partner and I bought a Shopify app called FOMO. It was doing 14 K a month at the time we bought it. You know, we bought it. We paid less than 400.”

“I think that this model, this open store model is one of the fastest Easiest and fastest ways to build a billion dollar company.”

“With ye olde giant outside sales forces it just feels like the time has passed to build that kind of thing, and I've predicted that before and been wrong. But it feels like there's a new breed of company that sells in a new way, and they start with small busin…”

“Our friend Andrew has a business where all he does is buy, buys Shopify plugins and it's market cap. It's a publicly traded company is like in the six hundred million dollar range. It's on the Canadian stock exchange.”

“Like, if you go to sell a SaaS company and you're solely built on top of a platform, you sell for a lower multiple than if you were on your own.”

“So when we were building Shopify apps five years ago, I was like, I don't know if our Shopify apps are going to work, but I'll put 10,000 dollars in Shopify stock when it just started. So if our apps suck, I think the Shopify thing will probably work. And that…”

“And it currently, it's in, it's public on the Canadian Stock Exchange right now, probably for a six hundred million dollar market cap. It's called WeCommerce. And they do like, I think, thirty million dollars a year in revenue just off Shopify apps.”

“This is why I think Shopify is gonna be, like, the biggest company in the world, because they, like, let people do that.”

“And I would say, too, like, we're primarily supported with advertising, advertising-based business. Our biggest clients are Samsung, Shopify, Jelly Smack and other creator economy companies.”

“So basically started it for 20 K, sold it for about seven million. And then I ended up buying it back from the guys who bought it for twenty five million. And then about a year later, we took a public for two hundred and sixty million.”

“Now I think Shopify is hard because you're late, you know, the marketplace already exists. It takes a lot of time to get approved. You know, that might not be the place to go where you might want to look is like discord or add a par or any kind of software eco…”

“How does he get into that deal? Because he's Tim Ferris, because that's what, who people want to rope into things. And so, you know, Getting into Shopify and at Uber early on is how you made all the money.”

“I think beehive did for newsletters, What Shopify did for e-commerce, right?”

“2017, they get a deal with Costco, and the business has doubled almost every year since 2017. They're one of the top Shopify sellers in the world.”

“He goes, I created this program that looks at every single letter I've ever typed on my keyboard. And then every 10 minutes it automatically takes a picture Of my screen, and there's a screenshot, and I have an archive now of roughly 15 years of every single l…”

“Wisdom is very contextual. This is all the way back to Newton and Einstein and the theory of relativity. When you go fast enough, like all the neat physics rules that are really helpful for calculating the apple dropping on your head, they just start breaking …”

“Shopify didn't do as so many other companies do now, which is essentially reserve all the upside to insiders and their VCs, and then go public when it's already kind of plateaued, right? Like, from where they were to where they are now, an amazing ride for the…”

“Shopify is the biggest Ruby and Rails shop in the world.”