>They're this era's Nortel (Canada has a primo bubble stock with each big run; during the housing bubble era it was Blackberry). It's interesting how Canada ha

>They're this era's Nortel (Canada has a primo bubble stock with each big run; during the housing bubble era it was Blackberry). It's interesting how Canada has exactly one each time around; no more, no less. While having one is certainly better than the average of zero for non-US developed countries, and having each be in a different sector is also good, I suspect that each also benefits/benefited from being the hot tech company that those in Canada had to go to if they didn't/couldn't move to the US. (Elsewhere people have mentioned Shopify being known for lowballing salaries.) >There's very little that is special about their business. They have no great competitive moat. I don't know. Shopify is known as the company you go to for quickly setting up an ecommerce storefront. Yes, there are competitors, but Shopify seems to be the brand name in the space. Unlike Apple vis-a-vis Blackberry, there doesn't seem to be great risk of someone coming in with revolutionary technology and immense market reach that upsets the field overnight; we're coming up to 30 years after the release of Netscape, after all.