Evidence receipt / belief
Published · transcript-backedLenny Rachitsky: belief
7 Nov 2024 Lenny's Podcast Breaking the rules of growth: Why Shopify bans KPIs, optimizes for churn, prioritizes intuition, and builds toward a 100-year vision | Archie Abrams (VP Product, Head of Growth at Shopify)
“I think interestingly with Shopify, it's kind of this behind the scenes tool, and so I imagine many people have no idea they're using Shopify a lot of time when they're buying stuff online, and I think some of these numbers kind of creep up on people with just how large a company like Shopify has gotten.”
Source trail
Everything needed to verify it.
- Speaker
- Lenny Rachitsky
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 7 Nov 2024
- Publisher
- Lenny's Podcast
Transcript context
…Yeah, absolutely. So overall, we're about 10% of e-commerce in the United States. So basically if you're not buying an Amazon or Walmart, you're probably buying on a Shopify-powered store. And behind the scenes globally, we did about 235 billion in GMV in 2023, which is roughly the size of the economy of Finland. So we've got a big economy and big impact happening from Shopify. Wow. I think interestingly with Shopify, it's kind of this behind the scenes tool, and so I imagine many people have no idea they're using Shopify a lot of time when they're buying stuff online, and I think some of these numbers kind of creep up on people with just how large a company like Shopify has gotten. 100%.…
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