46sec snip

The Network State Podcast cover image

#2 - Tobi Lütke & Kaz Nejatian on Shopify's Country-Sized Economy

The Network State Podcast

ANECDOTE

Tobi's Interview Question

  • Tobi Lütke's first interview question for Kaz Nejatian was about why banks don't lend money to small businesses.
  • Nejatian's response was that he'd have to start in the 1600s because there's a long history of this going wrong for small businesses, starting with the idea of incorporation.
  • Lütke had written a book on this very topic.
  • The interview was short, as Lütke realized Nejatian was knowledgeable about esoteric topics relevant to the job.
  • Nejatian mentions the East India Company where people bought shares for an annuity.
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