I gave this talk to my team a few years ago and I find myself constantly referencing it - feels like it might be valuable for founders building their own company, and those that try to better understand our mindset and culture inside of Shopify
The west is still using QRCodes totally wrong. A QRCode on a restaurant table that opens the menu is not really what we want. A QRCode can be unique to the table and allow food ordering directly to it. Should carry state and context.
@nandoodles
@Shopify
Shopify has a published acceptable use policy and a principled process to apply it. Pressure groups on all sides try to influence it sometimes and CBC needs to see through that not amplify bad faith narrative
INSANE conditions on Mt Washington, NH. 120mph+ winds and -95°F wind chill. It is above the tropopause, meaning that these are stratospheric winds.
Footage from the summit live stream 2:30-2:40pm.
#nhwx
Unfortunately, we've made the difficult decision that when Bill C-18 takes effect, we will remove Canadian news links from our Search, News and Discover products.
Citron seems to have deleted this tweet. I hope Andrew made good on his promise. Either way- I’ll make a $200k donation to the charity today. (Poverty in NY related, not Robinhood app)
I find the media’s takes on SpaceX’s achievement utterly outrageous. It’s straight out of Ayn Rand novels. What is the game here? Usually incentives explain these things but there isn’t even a follow the money type motive that I can detect? It’s just tribalism? nihilism?
1980s we figure out computers
1990s we figure out the internet
2000s we figure out the web
2010s we figure out mobile
2020s we figure out everything, forever
Cities have had a monopoly on the best jobs for 200 years. COVID induced remote friendliness and Starlink are the 1-2 punch. People underestimate how much the world will change with great internet everywhere. A massive democratisation of opportunities.
Once or twice a week, I drop this legendary gif into a slack chat to make a point about latency. Usually when talking about UX, network services, or feedback cycle time in people systems.
Can't stop thinking about this and go: ☹️
"The reason we don't have fusion already is because we, as a civilization, never decided that it was a priority. Fusion funding is literally peanuts: In 2016, the US spent twice as much on peanut subsidies as on fusion research."
I don't particularly want a fight with the CRA (Canada's tax authority)- but we got asked to backchannel them 6 years of records for all Canadian Shopify stores. This feels like low-key overreach to me. We will fight this.
Nerd BFCM stats:
Shopify’s egress processed 145 billion requests on Friday. App servers handled peak of ~60 million requests per minute. Increase of 38%. Total GMV was $4.1b, up by 22% from last year.
But Rails doesn't scale so what are we even doing 🤷♂️
Company news: We totally revamped our compensation system this summer. In short, "Flex Comp" now gives everyone a simple UX where you see your total compensation and choose a mix of Cash/RSU/Stock via simple sliders.
The Canadian government, armed with one of the world's most repressive online censorship schemes, announces that all "online streaming services that offer podcasts" must formally register with the government to permit regulatory controls:
🎉 15 years ago today we launched Shopify to everyone.
It's fun to browse around the code from that day. Here is most of the shop.rb. (using TextMate for added realism)
Bad day for Entrepreneurship in Canada 🇨🇦👎. Capital gains tax rate is increasing from a 50% inclusion to 66%.
This increases the net capital gains tax rate from 27% to 36%...
Compared to the US which has a 20% capital gains tax rate (+ major incentives like QSBS)
In my…
🎄35 years ago my wonderful parents got us a family computer and let us use it without restrictions. It inspired a lifetime of wonder and exploration.
My sister found these pictures in a box in the attic recently. (Amstrad CPC 6128 🕹)
ok so whatify told you that i can finally clear up all the “Spotify or Shopify” business
*clears throat* 🎶
Artists on Spotify can now connect their Shopify store to show off their sweetest merch and hottest drops right on their Spotify profile - just like
@remiwolf
👇
Numbers are in. $5.1B sold on Shopify over BFCM weekend. This is big for our team, but the real winners are the entrepreneurs and independent businesses. To our merchants who are weathering the winds of change, and to shoppers who are voting with their dollars: well done.
Meetings are a usually a bug.
If you properly root cause them, you will find a trust issue, a clarity issue, or a missing API. Meetings can paper over these, but it’s much better to fix root cause.
There is a lot of noncompliance in the crypto space. It undermines confidence when so many people have been hurt and all they can do is stand in line in the bankruptcy court. Further, this can make it hard for the good faith actors to compete.
Instead of a weird glass tombstone, our bankers made us a skateboard for our first financing which I appreciate. I now keep that in my office to remind me to 💎🙌
We are excited to announce
@Shopify
CEO Tobias Lütke is joining our Board of Directors.
A builder at heart,
@Tobi
brings innate understanding of the power of decentralization, business scaling experience, and a drive to empower global communities.
Welcome Tobi - Let’s go!🚀
@Suhail
The biggest cultural problem holding us back is that society holds the production of criticism at similar importance to that of building. It isn’t. But the critics inherited the airwaves from the builders.
Speaking of crypto though- I spent the morning dabbling with ETH Smart Contracts. Mainly to understand how ERC20 works better. Fascinating world.
has been really helpful.
Google employees are actively occupying the California office of Google Cloud CEO Thomas Kurian and refusing to leave until the company stops doing business with Israel, video live-streamed by the employees shows.
My latest:
60 Minutes got rightly community noted here.
How is it that SBF is _still_ getting super positive media coverage when the media has nothing good to say about the founders that have actually created things and brought value into the world?
"He becomes toxic. Like, nobody wants to talk to him. He has no friends,’" says Michael Lewis.
“There is still a Sam-Bankman-Fried-shaped hole in the world that now needs filling” for someone driven by their ideals to do good on a large scale, Lewis says.
Fidenza by
@tylerxhobbs
. Looking great in the living room.
Really, one of my favorite side effects of NFTs is that generative art got the attention it deserved. We dreamed about this in the 90s demo scene.
The critic says to the artist, "would you like my opinion on your work?"
"Yes, " says the artist.
"It's worthless," says the critic
The artist replies, "I know, but tell me anyway."
Trying to get a passport renewed in Canada is absolutely kafkaesque. Like I’ve now driven 3h to random service offices and waited hours and hours for appointment. In the end the system is down and “it’s not their fault” and no we can’t help you. Now have to restart the entire…
Crested mynas, as many other birds, are born altricially, which means young are underdeveloped at the time of birth, therefore fed by parents. When they grow up, they have to learn that food doesn't simply jump into their beaks [📽️: Rebecca Gelernter]
Building a startup is a rollercoaster with deep depths and the highest highs. Entrepreneurs are those that learn to roll with it. What changes later on? Nothing much, but you get to share the ride with more friends and lean on each other.
Personalized ads are one of those things where stated preference and observed preference are almost total opposites. No one thinks that they do, but people really enjoy being catered to.
We spend a lot of time on how to build a better company and better company systems.
One thing that has always been in the way of building world class products is the traditional setup of the "corporate ladder" - it means that the best people end up managing instead of directly…
$2.9B total sales by Shopify merchants around the world this Black Friday. Simply mind-blowing. Thanks to everyone who supports independent businesses this year, and congrats to all of our merchants for a record-breaking day.
Actually, I think CEOs should be technical too. I’ve no idea how people who can’t reason deeply about technology is supposed to do this job. It’s hard enough with that ability.
Earlier I found a screenshot of a dashboard from a few years ago when we hit $2.4m during all of Black Friday. Seeing $3.5m in a minute now is really something.
Shopify merchants currently fluctuating between $1.5-3.5M in sales per minute (16K+ orders per minute). At that pace we're in for a record-breaking
#BFCM
weekend. Hold onto your seatbelts.
🌎🛒🛍
I can't just passively listen to audiobooks/Podcasts. Walks and drives are perfect. Anyone got any other hacks? Someone suggested playing tetris, or some other game that doesn't use the frontal cortex.
Something I’ve been thinking about for years but only recently found the words for:
Relationship between stock price and a public company is the same as the relationship between a pro sports team and betting markets. Sort of related, but irrelevant to the players on the field.
Canadian government is announcing a code of conduct on AI today, another case of EFRAID.
I won’t support it. We don’t need more referees in Canada. We need more builders. Let other countries regulate while we take the more courageous path and say “come build here.”
The UK Prime Minister has caught the Existential Fatalistic Risk from AI Delusion disease (EFRAID).
Let's hope he doesn't give it to other heads of state before they get the vaccine.
"An AI safety summit at Bletchley Park in November is expected to focus almost entirely on…
To our partners: on Aug 1st we are removing all revenue share on your first $1M. That means you will keep 100% of your first $1M when you sell on
@Shopify
’s app store.
The best part? At the end of every year, the numbers reset. Every single year, your 1st million is all yours.