2min chapter

Acquired cover image

The Shopify IPO

Acquired

CHAPTER

Shopify - The Second Piece of a Great Scale Business

In two thousand nine, the first year they start really aiming for growth and running these tests, they pass a hundred million dollars of sales that merchat, gross sales that merchants do on shopify. Over the life of the company, in the two and a half years that shop accumulatively has, cumulatively, in 20 ten, they do a hundred and 24 million dollars in merchant sales just that year. And i assume, probably a ren knowing him, anoptomizing for his venture capitalists, he finally raises a series a, a seven million dollar series a,. led by bessimer, with first mark and felisis participating. It's off to the races to

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