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20VC: Lessons from Mark Zuckerberg, Keith Rabois & Tobi Lütke | Why Remote is a Bad Idea for 90% of Companies | The Framework for How Shopify Builds Product Today | What Humans Get Wrong About Marriage and Kids with Kaz Nejatian, COO @ Shopify
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Build Internal Tools with Strategic Partnerships
Internal tooling development is crucial for organizations, particularly when external solutions do not align with their specific operational philosophy. Companies like Shopify create internal tools because they possess unique perspectives on operational efficiency that others lack. While partnering with external providers such as Stripe offers certain advantages, including exceptional service, reliance on these partnerships necessitates careful consideration of alignment in vision and practices. As long as the strategic partnership with Stripe continues to reflect Shopify's values and operational methods, it remains advantageous; however, the company must remain vigilant to ensure that such partnerships do not compromise its fundamental approach to business.
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