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Andrew Campbell, OpenStore's Quant
The Andrew Faris Podcast
Open Store Is a New Way for Shopify Merchants to Cash Out
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Open store is a new way for Shopify merchants to sell their business. We're not in the business of flipping the stores or selling them to anyone else. We're actually taking ownership of the stores ourselves and growing them as a part of our family of brands. And what's particularly cool about this is we're trying to do it at scale. So you mentioned like four by 400, you guys made it up to about six brands. We're more thinking along the lines of like 600 to 1000 brands. Okay, last I had heard was 250. So 600 to 1000 is really something.
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