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Shopify Raises $15 Million in Series B Funding
- joshuacc 15y agoCongratulations to Tobi and all the Shopify crew!
- coob 15y agoProbably could have made that in a month selling shopify themes. I kid, congrats!
- adityakothadiya 15y agoI think the bigger news for hackers is that they are announcing Shopify Fund - http://shopify.com/fund http://shopify.com/fund. They're calling developers to build apps for Shopify platform and want to compensate between 5K-10K. Definitely a great idea to get that initial funding if you've an app idea around eCommerce platform.
- seanmccann 15y agoIt looks like a 5-10k advance. Anybody know how this advance works?
- theseanstewart 15y agoShould be interesting to see where Shopify goes from here. I've started several clients on Shopify but eventually had to move them to Magento as they needed more features.
- ridruejo 15y agoI like Shopify, but they are going to be feeling a lot of competitive pressure from Magento Go SaaS offering, which is still in its infancy but has the full weight of eBay behind it and provides a migration to "regular" Magento if the store requires a lot of customization. The 15MM funding should also help with acquisitions of smaller companies to fill gaps in their offering (in addition to the Shopify fund of course)
- pbreit 15y agoHaving the full weight of Ebay behind you can be a helper or a hindrance. Ebay's acquisition record is spotty. It's only other similar acquisition was Kurant StoreSense which didn't end up impacting many competitors.
- Matt_Mickiewicz 15y agoCongrats Tobi!