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,
See More
Emilla Filipowicz
Business owner • 4m
[This post has been removed because it does not comply with our rules]
0 replies
More like this
Recommendations from Medial
Vrishank Raj
VC enthu • 1y
How sequoia took a billion dollar revenge on Mark Zuckerberg 👇
In 2004, Sequoia approached Mark, they wanted to invest in Facebook, but Mark was not really interested to raise funds from them, so he decided to go to meet the partners in a pyajma an
Started the business at 17 when his father died and built a 60,000 CR empire.
1. At just 17, after he passed away, Nirmal Minda had to join his father's (Shadilal Minda) automotive parts business, Minda Industries. It produced ammeters for vehicles
Learn & Earn (Part 3) 🧠: Is Your Market a Goldmine or Quicksand? Check Porter's 5 Forces! ⚔️
Welcome to Part 3 of our Learn & Earn series! Today, let's talk about understanding the real profit potential of your market before you invest too heavily.
