Alexandre Eruimy

Co-founder, MAGNETIC · 1 appearance on the record.

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executivefounderinvestor@AlexandreEruimy ↗LinkedIn ↗prestashop-project.org ↗

Alexandre Eruimy is the co-founder of MAGNETIC and former CEO of open-source e-commerce platform PrestaShop. He previously worked at Google and Roland Berger, and actively invests in early-stage tech ventures as an angel investor.

10statements → 10claims → 4claims resolved → 75%fully supported → 3.9/5average certainty → 1.2/5average debate potential →

3 supported 0 partly supported 1 contradicted 6 not checkable as stated how the 10 claims stand · each chip opens the sources

10 assertions · every statement was checked. The predictions and assertions are the 10 claims: statements the public record can support or contradict. 4 are resolved, and 6 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Alexandre argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported

PrestaShop Launches 'PrestaShop Ready' SaaS Tier in France, Italy, and Spain

“We've just launched our SaaS Software and a SAS version last week. In France, Italy, and Spain. So it's called PrestaShop ready. It's a brand new offer launched in the market.”

Alexandre Eruimy Jan 18, 2019 ▶ 2:26 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Their most notable contradicted claim

Assertion Contradicted

Eruimy: Shopify locks users in by owning their merchant data

“Because Shopify, you, you're in a closed environment. So your data are owned by Shopify. And if you want to shift to something else, you have to rebuild your store from scratch.”

Alexandre Eruimy Jan 18, 2019 ▶ 3:45 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Alexandre Eruimy on measured tape to publish a rate. This says nothing about how they speak.

What they said10 Episodes1

Everything Alexandre Eruimy said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Contradicted

Eruimy: Shopify locks users in by owning their merchant data

“Because Shopify, you, you're in a closed environment. So your data are owned by Shopify. And if you want to shift to something else, you have to rebuild your store from scratch.”

Alexandre Eruimy Jan 18, 2019 ▶ 3:45 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Assertion Not checkable as stated

PrestaShop monetizes free open-source software via marketplace add-ons and sponsors

“We mostly monetize through add-ons sales. So we've built and developed a software which is open source and distributed for free on our websites. And the way we get money, it mainly comes from So modules or add-ons or connectors, which are sold on our marketpla…”

Alexandre Eruimy Jan 18, 2019 ▶ 1:42 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Assertion Supported

PrestaShop Launches 'PrestaShop Ready' SaaS Tier in France, Italy, and Spain

“We've just launched our SaaS Software and a SAS version last week. In France, Italy, and Spain. So it's called PrestaShop ready. It's a brand new offer launched in the market.”

Alexandre Eruimy Jan 18, 2019 ▶ 2:26 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Assertion Not checkable as stated

PrestaShop powers 270,000 active on-premise stores, with 80% based in Europe

“Hundreds of merchants and on our on-prem solution, we have 270,000 stores active to date, which means that we are part of the leading solution worldwide and the leader on in Europe, because 80% are based in Europe, making us a leader solution in Europe.”

Alexandre Eruimy Jan 18, 2019 ▶ 4:39 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Assertion Supported

PrestaShop has raised a total of $15 million in venture funding

“15 fifteen million dollars.”

Alexandre Eruimy Jan 18, 2019 ▶ 10:52 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Assertion Not checkable as stated

Eruimy: PrestaShop doubled sales and grew store base 20% annually over 5 years

“So we have doubled off sales over the last the last five years. And also we acknowledge a plus 20% year on year growth of our store base over the last five years.”

Alexandre Eruimy Jan 18, 2019 ▶ 12:13 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Assertion Not checkable as stated

PrestaShop generated around $16 million in revenue in 2017

“So 12 months ago, we were around sixteen million.”

Alexandre Eruimy Jan 18, 2019 ▶ 12:59 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Assertion Not checkable as stated

Eruimy: PrestaShop is currently cash flow positive

“We are now being cash positive.”

Alexandre Eruimy Jan 18, 2019 ▶ 13:12 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Assertion Not checkable as stated

PrestaShop employs almost 120 people across its offices

“So overall we have almost 120 people.”

Alexandre Eruimy Jan 18, 2019 ▶ 12:05 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Assertion Supported

Eruimy: PrestaShop last raised venture capital in 2014

“It was in 2014.”

Alexandre Eruimy Jan 18, 2019 ▶ 13:19 1273 270,000 ECommerce Shops Use This Tool (Not Shopify)

Appearances (1)

Episode	Date	Speaking time
1273 270,000 ECommerce Shops Use This Tool (Not Shopify)	Jan 18, 2019	6m

Alexandre Eruimy

The record, in short

Their most notable supported claim

Their most notable contradicted claim

How they sound: not measured why? →

Appearances (1)

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