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The Shopify Story : How a Startup Rocketed to E-commerce Giant by Empowering Millions of Entrepreneurs - Larry MacDonald

The Shopify Story

How a Startup Rocketed to E-commerce Giant by Empowering Millions of Entrepreneurs

By: Larry MacDonald

Paperback | 28 November 2024

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A remarkable business success story, follow the rapid rise from small startup to one of Canada’s top companies through CEO turnover, near-bankruptcy, and subsequent billionaire status

“An informative and revealing look at one of the greatest Canadian startup success stories.” — Darcy Keith, Globe and Mail investment editor

The story of Shopify, now the second-largest e-commerce platform in North America, is all about starting and growing businesses. In this inspirational corporate history, you can follow the company’s rocket-like growth over its first two decades and meet its major players, such as Tobias Lütke, who co-founded the company in 2004, transitioned from programmer to CEO in 2008, and thereafter steered Shopify to its incredible growth trajectory, relying more on “first principles” thinking than the business nostrums of MBA classes. Learn more about the executive team that contributed to Shopify’s performance during the years leading up to its initial public offering, which turned them into multimillionaires and paved the way for Shopify to enable millions of entrepreneurs to start businesses and enrich the global economy. In The Shopify Story, economist and business journalist Larry MacDonald investigates the factors behind Shopify’s growth and shares lessons for entrepreneurs, business managers, employees, programmers, policymakers, and investors.
Industry Reviews
“An informative and revealing look at one of the greatest Canadian startup success stories. It gave me a much deeper understanding of the company’s origins, its founder and key executives, and how it has grown into an e-commerce giant. There’s also a lot of insight to be gleaned here about putting entrepreneurialism into action, motivating teams and thriving in the face of setbacks in today’s tech-driven economy.” — Darcy Keith, Globe and Mail investment editor

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