What he was worri about at the time was not. Whether he could get venture capital, but the cost of going to. Silicon Valley. In order to save money, he stay there in a youth hostel, and he rode. A rent bicycle to meet the venture capitalists. In the end, the venture capital gave the invitation, but ask him to move the company from Canada to the Unit States, and to appoint a new CEO to him after the investment. But in the end, Lutke reject the venture capital, stay in Ottawa, Canada, and continu to run Shopify with his team. By the end of 2008, Lutke was running out of funds and was barely able to pay his employees. But the financial crisis brought him new opportunities.
Because many people lost their jobs, many people
Came up with the idea of opening a store online. In 2009, Shopify’s operating data increas greatly. Although the revenue of this year was only 1 million, it realiz the income and expenditure for the first time. balance. After 2010, Shopify began to skyrocket, unstoppable. In 2010, Lutke receiv the Democratic Republic Of the Congo Email List first 7 million venture capital. In 2013, there were already 300 employees and 80,000 customers. In May 2015, Shopify was list on the New York Stock Exchange and the TSX at the same time. On May 11, 2020, the price per share of Shopify rose to 1028 Canadian dollars, exceing Royal Bank of Canada became the most valuable list company in Canada.
Today, Shopify is second only to the free and open
Source WooCommerce in terms of independent e-commerce market share. Understand the history of Shopify. The post-80s generation has no money and no high ucation. After 15 website, it has creat the company with the highest market value in Canada10 Lutke’s cross-border EC Lists entrepreneurial story has also inspir many people. You may be a cross-border e-commerce seller, but in the process of operating cross-border e-commerce, you have encounter many various problems.