Senkut: Early Shopify dedicated two top engineers to an internal data warehouse
Aydin Senkut · How Shopify Found Product Market Fit w/ Aydin Senkut (Managing Partner at Felicis & Series A Inve... · PMF Show · Mar 8, 2024 · at 19:54
Felicis founder and Series A investor Aydin Senkut recalls visiting Shopify in Ottawa and observing Tobi Lütke's long-term technical investments.
0:00 / 0:13exact quote · 13.7s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“When I showed up in Ottawa, Toby told me that, hey, they had these amazing engineers and the team was by the way, like less than 50 people or barely 50 people. And he said, I took two of my best engineers and we're building a real time data warehouse.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Aydin Senkut
Senkut: Trying to accurately estimate early TAM is a major founder mistake
“Look, I think this is the biggest mistake is basically try to estimate correctly what the market size is. You just need to know that if it works, it's going to be big enough.”
Senkut: People mistakenly judge market sizes based on existing product constraints
“I think the most important thing that people don't realize is that when we look at market size, we're looking at the market size with the existing product.”
Senkut: Early Google dedicated three of 50 employees to three-year research bets
“When we had less than 50 people, they took three people away and said, look, you're going to work on crazy research stuff that we might not even need for three years. But if we basically wait, we're never going to have that.”