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Shopify reported 50% yearly revenue growth which helped the stock price, and gov of Canada/provinces used shopify exclusively for their online marijuana orderin
by hackermailman 7y ago
Shopify reported 50% yearly revenue growth which helped the stock price, and gov of Canada/provinces used shopify exclusively for their online marijuana ordering starting last year too. That said their lack of net income is a problem https://www.fool.ca/2019/05/07/where-will-shopify-tsxshop-stock-be-in-5-years/ https://www.fool.ca/2019/05/07/where-will-shopify-tsxshop-st... and their hiring process is ridiculous even by modern meme hiring standards meaning it's going to get harder to hire people when they can just work for FAANG which are all opening offices, or already have offices in Canada and don't have the same very long process starting with telling a recruiter 'your life story' for over an hour.
- sushilewis 7y agoOn the How I Built This podcast, they mentioned AllBirds uses Shopify as their platform. I just checked their site, and it looks like it's still the case.
- paultannenbaum 7y agoThey do, but I think they are considering moving off of Shopify. The reality is that shopify has a ridiculous amount of down time, and any high traffic store will actually be losing real revenue as a result. Just scroll their status page, they consistently have several outages a month. https://status.shopify.com/ https://status.shopify.com/
- paultannenbaum 7y agoSorry was typing on my phone and didn't clarify. I have a friend who works at Allbirds and told me they are strongly looking at migrating because of the down time issues.
- yhoiseth 7y agoCan you elaborate on the ridiculous hiring process?