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Browsing: Tobi
Shopify CEO and co-founder Tobi Lütke is pushing deeper into payments as the company’s third-quarter results show revenue up 32 percent, exceeding $3.7 billion, and the total value of merchandise sold through its technology in excess of $119 billion—but the more revealing story is not the quarter itself. Rather, it’s the culmination of decisions by…
Shopify co-founder Tobi Lutke, 45, has seen his net worth reach $15 billion, up roughly $5 billion since July, per Bloomberg’s index of the ultra-wealthy. Most of that comes from his Shopify stake. On Canada’s wealth ladder, only Galen Weston, heir to a grocery empire nearly 150 years old, and Sherry Brydson of the Thomson…
Add preferred source Shopify CEO Tobi Lütke, in a wide-ranging conversation on The Knowledge Project, lays out a surprisingly operational view of the AI-native company. The headline number: roughly 50% of Shopify’s pull requests now originate from Slack conversations with a persistent AI agent named River, not from engineers typing code. But Lütke’s real argument…