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Vishu Bheda
•

Medial • 11m

Shopify founder explains what the VCs who passed on Shopify got wrong When Tobi Lütke pitched Shopify to investors, they said no. They thought the market was too small—only 40,000-50,000 online stores existed then. Even if Shopify captured half,

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Hey I am on Medial • 11m

what if we create a similar product to Shopify , place the pricing 1/2 or 1/3 of Shopify and give a feature to just import copy the Shopify store into our product (like telegram gave feature to copy whatsapp chats into telegram which makes shift easier), you don't have to build your store again , it's half the cost - will it be successful

1 Reply

Replies (1)

Vishu Bheda
•

Medial • 11m

Great idea! Lower pricing and easy migration can attract users, but success needs more: build trust, match Shopify’s features, offer strong support, and market well. Cheaper isn’t enough—you need to be equally good or better.

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Hey I am on Medial • 1y

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