The Disconnect Between Shopify and the Public Markets

Shopify's stock is still down 60% from all time highs, even though it just popped 30%. I don't know how they get back to all time highs. The best place you can be is a profitable privately held company that has clear mission. It's the easiest to win then because when you're public, you functionally have a directive from the outside of you need to justify this valuation at all times.