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An article put forward by marketing. Not sure why many HNr's like this kind of article. By no stretch Shopify is bigger than eBay, market cap is a game played

An article put forward by marketing. Not sure why many HNr's like this kind of article. By no stretch Shopify is bigger than eBay, market cap is a game played by investors and this kind of article are used to boost it. If someone is holding Shopify stocks it will be the best time to sale. Funny enough by this ridiculous metrics SAP's commerce cloud and Adobe's Magento will become the largest shopping site miles and miles ahead of shopify. This kind of articles I believe are paid for to affect the stock prices to move market, I am sure it will result in large stock sales after increase in prices. Shopify has consistently been loss making so it's very hard to see light at the end of tunnel given it is similar to many open source platform and commerce platform. It's just trying to outspend it's way to take over SAP, Adobe and Salesforce commerce offerings, let's see how long it continues. Someone from shopify's marketing might be working to contain critical comments.

freehunter 7y ago
In fact the founder of YC and HN has an essay decrying this exact kind of article: http://paulgraham.com/submarine.html http://paulgraham.com/submarine.html
xal 7y ago
We really don't think these are good articles to be written about Shopify. Shopify is a company that got big by totally being in the background and making other brands look good instead of itself. I fear what happened in the last little while is that we became too big to be ignored and the Shopify vs Amazon vs Ebay angle seems to be the most accessible angle for writing. It seems to be working though, for whatever reason this made it on Hacker news even though in the same week as this article was written we also bought a robotics company for $450m to automated warehouses and announced a $5m carbon sequestration fund which should really be appreciated on hacker news. Alas we talk about GMV number comparisons.

freehunter 7y ago

In fact the founder of YC and HN has an essay decrying this exact kind of article: http://paulgraham.com/submarine.html http://paulgraham.com/submarine.html

xal 7y ago

We really don't think these are good articles to be written about Shopify. Shopify is a company that got big by totally being in the background and making other brands look good instead of itself. I fear what happened in the last little while is that we became too big to be ignored and the Shopify vs Amazon vs Ebay angle seems to be the most accessible angle for writing. It seems to be working though, for whatever reason this made it on Hacker news even though in the same week as this article was written we also bought a robotics company for $450m to automated warehouses and announced a $5m carbon sequestration fund which should really be appreciated on hacker news. Alas we talk about GMV number comparisons.