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…shopify is losing more than 1 billion a quarter.

• hn_throwaway_99 4y ago
  That's a pretty lopsided characterization. Yes, they had big losses in Q1 and Q2 2022, but they had nearly 3 billion in earnings in 2021. Large companies will often swing to big losses from big profits when there is a big macro shift, which is exactly what happened to Shopify. That's meaningfully different from a company that has had a sea of losses since inception, especially when those losses grow proportionally with revenue increases.
• dehrmann 4y ago
  My favorite apocryphal explanation for the origin of the term "black friday" is it's the first day in the year retailers are in the black. I wouldn't be surprised if Shopify follows this pattern, too. You really need to look at YoY numbers for them.