Shopify Inc. - Revision history

>Rudy: citeee

2023-07-27T16:06:08Z

citeee

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	\|1,316,965,086		\|1,316,965,086
	\|}		\|}
	[[File:Screenshot 2023-07-27 at 3.43.24 PM.png\|thumb\|366x366px]]		<ref>https://money.cnn.com/quote/shareholders/shareholders.html?symb=SHOP&subView=institutional</ref>[[File:Screenshot 2023-07-27 at 3.43.24 PM.png\|thumb\|366x366px]]
	{\| class="wikitable"		{\| class="wikitable"
	\|+Holding breakdown		\|+Holding breakdown
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	• Shopify has purchased carbon removal for all corporate travel		• Shopify has purchased carbon removal for all corporate travel

	=== Social ===		=== Social<ref>https://www.shopify.com/sustainability-report</ref> ===

	# Shopify exists to lower the barriers to business ownership for entrepreneurs of all ages and backgrounds. We support the entire entrepreneurial journey—from discovery and development to growth and success.		# Shopify exists to lower the barriers to business ownership for entrepreneurs of all ages and backgrounds. We support the entire entrepreneurial journey—from discovery and development to growth and success.

>Rudy: /* Risks */

2023-07-27T15:41:11Z

Risks

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	== Financial Statements ==		== Financial Statements ==

			=== Historical and Forward Financials ===
			{\| class="wikitable"
			!Year
			!Revenue (in thousands)
			!Gross Profit (in thousands)
			!Gross Margin (%)
			!Operating loss (in thousands)
			!Operating Margin (%)
			!Net Loss (in thousands)
			\|-
			\|'''2012'''
			\|23,713
			\|18,937
			\|79.86%
			\|1,514
			\|6.38%
			\|1,232
			\|-
			\|'''2013'''
			\|50,252
			\|36,739
			\|73.11%
			\|4,269
			\|8.50%
			\|4,837
			\|-
			\|'''2014'''
			\|1,05,018
			\|61,795
			\|58.84%
			\|21,615
			\|20.58%
			\|22,311
			\|-
			\|'''2014'''
			\|18,810
			\|11,628
			\|61.82%
			\|5,972
			\|31.75%
			\|6,365
			\|-
			\|'''2015'''
			\|37,348
			\|21,566
			\|57.74%
			\|3,476
			\|9.31%
			\|4,530
			\|-
			\|'''2016'''
			\|3,89,330
			\|2,09,495
			\|53.81%
			\|37,165
			\|9.55%
			\|37,173
			\|-
			\|'''2017'''
			\|6,73,304
			\|3,80,253
			\|56.48%
			\|49,157
			\|7.30%
			\|34,742
			\|-
			\|'''2018'''
			\|10,73,229
			\|5,96,267
			\|55.56%
			\|91,920
			\|8.56%
			\|80,204
			\|-
			\|'''2019'''
			\|15,78,173
			\|8,65,643
			\|54.85%
			\|1,41,147
			\|8.94%
			\|1,11,580
			\|-
			\|'''2020'''
			\|29,29,491
			\|15,41,520
			\|52.62%
			\|90,153
			\|3.08%
			\|3,27,233
			\|-
			\|'''2021'''
			\|46,11,856
			\|24,81,144
			\|53.80%
			\|2,68,643
			\|5.83%
			\|28,99,915
			\|-
			\|'''2022'''
			\|55,99,864
			\|27,54,119
			\|49.18%
			\|8,22,299
			\|14.68%
			\|34,70,917
			\|-
			\|'''2023'''
			\|5010392
			\|2582010
			\|51.53%
			\|605946
			\|12.09%
			\|2517205
			\|-
			\|'''2024'''
			\|5538876
			\|2853442
			\|51.52%
			\|658022
			\|11.88%
			\|2789184
			\|-
			\|'''2025'''
			\|6067359
			\|3124873
			\|51.50%
			\|710098
			\|11.70%
			\|3061163
			\|-
			\|'''2026'''
			\|6595842
			\|3396305
			\|51.49%
			\|762173
			\|11.56%
			\|3333143
			\|-
			\|'''2027'''
			\|7124326
			\|3667736
			\|51.48%
			\|814249
			\|11.43%
			\|3605122
			\|}

	=== Income statement ===		=== Income statement ===

>Rudy: /* Ownership Structure */

2023-07-27T14:44:32Z

Ownership Structure

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	\|1,316,965,086		\|1,316,965,086
	\|}		\|}
			[[File:Screenshot 2023-07-27 at 3.43.24 PM.png\|thumb\|366x366px]]
	{\| class="wikitable"		{\| class="wikitable"
	\|+Holding breakdown		\|+Holding breakdown

211.201.249.20: /* Segments */

2023-07-27T14:32:36Z

Segments

← Older revision		Revision as of 15:32, 27 July 2023
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	== Segments ==		== Segments ==
	Shopify provides various services and tools for merchants to realize their business idea in offline and online commerce. Here are services Shopify offers:		Shopify provides various services and tools for merchants to realize their business idea in offline and online commerce. Here are services Shopify offers:[https://www.shopify.com/blog/what-is-shopify]

	=== Building e-commerce platform ===		=== Building e-commerce platform ===

>Rudy: /* Key Ratios */

2023-07-27T13:15:12Z

Key Ratios

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	* They achieve this by making tools affordable and accessible to all individuals, regardless of scale.		* They achieve this by making tools affordable and accessible to all individuals, regardless of scale.
	* Shopify's guiding principles are accessibility, empowerment, and inclusivity.		* Shopify's guiding principles are accessibility, empowerment, and inclusivity.

	~~References~~

	# <nowiki>https://www.shopify.com/uk/about</nowiki>		# <nowiki>https://www.shopify.com/uk/about</nowiki>
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	Shopify provides various services and tools for merchants to realize their business idea in offline and online commerce. Here are services Shopify offers:		Shopify provides various services and tools for merchants to realize their business idea in offline and online commerce. Here are services Shopify offers:

	[Building e-commerce platform]		=== Building e-commerce platform ===

	* '''Storefronts:''' Shopify assists merchants to personalize their websites in which it is easily accessible with IOS or Android.		* '''Storefronts:''' Shopify assists merchants to personalize their websites in which it is easily accessible with IOS or Android.
	* '''Creator tools''': It empowers merchants through providing tools they need to not only produce content but build a thriving business		* '''Creator tools''': It empowers merchants through providing tools they need to not only produce content but build a thriving business
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	* '''Mobile App''': Use the Shopify app to run your business wherever merchants are and manage the Shopify store on-the-go, respond to information in real-time, manage orders, and more.		* '''Mobile App''': Use the Shopify app to run your business wherever merchants are and manage the Shopify store on-the-go, respond to information in real-time, manage orders, and more.

	[For marketing]		=== For marketing ===

	* '''Social Channels Integrations / Sales Channels''': Shopify allows merchants to sell products across different channels: social media like Facebook, Instagram, TikTok, Youtube, and popular marketplaces. Also, updates in Shopify website automatically sync to Facebook and Instagram so that merchants can easily create ads and shoppable posts[[File:Shop app.png\|thumb]]		* '''Social Channels Integrations / Sales Channels''': Shopify allows merchants to sell products across different channels: social media like Facebook, Instagram, TikTok, Youtube, and popular marketplaces. Also, updates in Shopify website automatically sync to Facebook and Instagram so that merchants can easily create ads and shoppable posts[[File:Shop app.png\|thumb]]
	* '''Shop app''': It assists customers in quick checkout, tracking order and shipment details. Furthermore, it brings other Shopify stores so that it helps customers to rediscover merchants’ business with Shop app		* '''Shop app''': It assists customers in quick checkout, tracking order and shipment details. Furthermore, it brings other Shopify stores so that it helps customers to rediscover merchants’ business with Shop app

	[Managing Business]		=== Managing Business ===

	*'''POS System''': It provides tools for sales reporting, inventory management.		*'''POS System''': It provides tools for sales reporting, inventory management.
	* '''Shopify Market''': It is the only global e-commerce solution where merchants can sell products to multiple countries and scale internationally from one Shopify store.		* '''Shopify Market''': It is the only global e-commerce solution where merchants can sell products to multiple countries and scale internationally from one Shopify store.
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	== Revenue Breakdown by Segment ==		== Revenue Breakdown by Segment ==
	Shopify includes two main revenue streams: Subscription Solutions and Merchant Solutions. Let's break down the key points about each revenue ~~stream:~~		Shopify includes two main revenue streams: Subscription Solutions and Merchant Solutions. Let's break down the key points about each revenue streams.

	~~# Subscription Solutions:~~

			==== Subscription Solutions: ====
	* Subscription solutions revenue is generated through the sale of subscriptions to your platform, which includes variable platform fees.		* Subscription solutions revenue is generated through the sale of subscriptions to your platform, which includes variable platform fees.
	* Additional sources of subscription solutions revenue come from the sale of subscriptions to POS Pro offering, themes, apps, and registration of domain names.		* Additional sources of subscription solutions revenue come from the sale of subscriptions to POS Pro offering, themes, apps, and registration of domain names.
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	* Most of the Gross Merchandise Volume (GMV) comes from merchants subscribing to Shopify Plus plans, which offer advanced functionality and support for growing and scaling globally.		* Most of the Gross Merchandise Volume (GMV) comes from merchants subscribing to Shopify Plus plans, which offer advanced functionality and support for growing and scaling globally.
	* Subscription plans typically have a one-month term, with the option for merchants to make an annual commitment.		* Subscription plans typically have a one-month term, with the option for merchants to make an annual commitment.
	* Subscription fees are paid at the start of the subscription period, except for Shopify Plus plans, which are paid in arrears on a ratable basis.		* Subscription fees are paid at the start of the subscription period, except for Shopify Plus plans, which are paid in arrears on a ratable basis

	~~# Merchant Solutions:~~

			==== Merchant Solutions: ====
	* Merchant solutions revenue is generated through various services offered to merchants, including payment processing fees, currency conversion fees, transaction fees, referral fees from partners, advertising revenue on the Shopify App Store, Shopify Capital, Shop Pay Installments, Shopify Balance, Shopify Shipping, service fees from Shopify Fulfillment Network, and sales of POS hardware, Shopify Email, and Shopify Markets.		* Merchant solutions revenue is generated through various services offered to merchants, including payment processing fees, currency conversion fees, transaction fees, referral fees from partners, advertising revenue on the Shopify App Store, Shopify Capital, Shop Pay Installments, Shopify Balance, Shopify Shipping, service fees from Shopify Fulfillment Network, and sales of POS hardware, Shopify Email, and Shopify Markets.
	* Shopify Payments is a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. It drives higher retention among merchants and eliminates the need for third-party payment gateways.		* Shopify Payments is a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. It drives higher retention among merchants and eliminates the need for third-party payment gateways.
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	\|-		\|-
	\|'''Changes in NWC'''		\|'''Changes in NWC'''
	\|~~#REF!~~		\|
	\| -56		\| -56
	\| -20		\| -20
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	\|-		\|-
	\|% of sales		\|% of sales
	\|~~#REF!~~		\|
	\| -3.55%		\| -3.55%
	\| -0.68%		\| -0.68%
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	\|-		\|-
	\|'''Unlevered FCF'''		\|'''Unlevered FCF'''
	\|~~#REF!~~		\|
	\| -135		\| -135
	\|256		\|256

>Rudy: /* Valuation */

2023-07-27T12:53:10Z

Valuation

Show changes

Manos: /* Ownership Structure */

2023-07-26T22:03:52Z

Ownership Structure

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 == Ownership Structure ==
 {| class="wikitable"
-|+
+|+'''Top 10 Holders'''
 |-
+!'''Holder'''
-|'''Other institutions: 23.65%'''
+!'''Shares'''
+!'''Date Reported'''
+!'''%Out'''
+!'''Value'''
 |-
 |'''Baillie Gifford and Company'''
@@ Line 290: / Line 273: @@
 |1.60%
 |1,316,965,086
 |}

95.149.161.192 at 22:00, 26 July 2023

2023-07-26T22:00:12Z

← Older revision		Revision as of 23:00, 26 July 2023
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	== ~~Summary~~ ==		{{Infobox company
			\| name = Shopify Inc.
			\| logo = Shopify logo 2018.svg
			\| logo_size = 280px
			\| logo_alt =
			\| logo_caption =
			\| logo_padding =
			\| image =
			\| image_size =
			\| image_alt =
			\| image_caption =
			\| trading_name =
			\| native_name =
			\| native_name_lang = <!-- Use ISO 639-1 code, e.g. "fr" for French. For multiple names in different languages, use {{lang\|[code]\|[name]}}. -->
			\| romanized_name =
			\| former_name =
			\| type = [[Public company\|Public]]
			\| traded_as = {{unbulleted list\|{{TSX\|SHOP}} (Class A)\|{{NYSE\|SHOP}}\|[[S&P/TSX 60]] component}}
			\| ISIN = {{ISIN\|sl=n\|pl=y\|CA82509L1076}}
			\| industry = [[E-commerce]]
			\| services = [[Online shopping]]
			\| genre = <!-- Only used with media and publishing companies -->
			\| fate =
			\| predecessor = <!-- or: \| predecessors = -->
			\| successor = <!-- or: \| successors = -->
			\| founded = {{start date and age\|2006}}<br>[[Ottawa]], [[Ontario]], [[Canada]]
			\| founders = {{unbulleted list\|[[Tobias Lütke]]\|Daniel Weinand\|Scott Lake}}
			\| defunct = <!-- {{end date\|YYYY\|MM\|DD}} -->
			\| hq_location =
			\| hq_location_city = [[Ottawa]], Ontario
			\| hq_location_country = [[Canada]]
			\| coordinates =
			\| num_locations =
			\| num_locations_year = <!-- Year of num_locations data (when known) -->
			\| area_served = Worldwide <!-- or: \| areas_served = -->
			\| brands =
			\| production =
			\| production_year = <!-- Year of production data (when known) -->
			\| revenue = {{nowrap\|{{increase}} [[US$]]5.6 billion (2022)}}<ref name="financials">{{cite web\|title=Shopify Announces Fourth-Quarter and Full-Year 2022 Financial Results\|url=https://s27.q4cdn.com/572064924/files/doc_financials/2022/q4/Q4-2022-Press-Release.pdf\|publisher=Shopify\|access-date=March 10, 2023\|archive-date=February 20, 2023\|archive-url=https://web.archive.org/web/20230220163436/https://s27.q4cdn.com/572064924/files/doc_financials/2022/q4/Q4-2022-Press-Release.pdf\|url-status=live}}</ref>
			\| net_income = {{nowrap\|{{decrease}} US$-3.46 billion (2022)}}<ref name="financials" />
			\| assets = {{nowrap\|{{decrease}} US$10.76 billion (2022)}}<ref name="financials" />
			\| equity = {{nowrap\|{{decrease}} US$8.24 billion (2022)}}<ref name="financials" />
			\| owner = <!-- or: \| owners = -->
			\| members =
			\| members_year = <!-- Year of members data (when known) -->
			\| num_employees = 11,600+<ref>{{cite web\|title=Company Info\|url=https://news.shopify.com/company-info\|website=Shopify.com\|access-date=March 2, 2023\|archive-date=March 1, 2023\|archive-url=https://web.archive.org/web/20230301112051/https://news.shopify.com/company-info\|url-status=live}}</ref>
			\| num_employees_year = <!-- 2022 -->
			\| parent =
			\| divisions =
			\| subsid =
			\| slogan = <!-- or: \| slogans = -->
			\| module = <!-- Used to embed other templates -->
			\| ratio = <!-- Basel III ratio, for BANKS ONLY -->
			\| rating = <!-- credit rating, for BANKS ONLY -->
			\| footnotes =
			\| website = {{URL\|shopify.com}}
			}}

	Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.		Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

>Rudy: /* The Team */

2023-07-26T21:58:50Z

The Team

← Older revision		Revision as of 22:58, 26 July 2023
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	=== Tobi Lütke, Founder & Chief Executive Officer ===		=== Tobi Lütke, Founder & Chief Executive Officer ===
			[[File:1200px-NYC-Commerce-Tobi-Lütki-561.jpg\|left\|thumb\|377x377px]]
	Tobi Lütke is the founder and Chief Executive Officer of Shopify. In 2004, Tobi began building software to launch an online snowboard store called Snowdevil. It quickly became obvious that the software was more valuable than the snowboards, so Tobi and his founding team launched the Shopify platform in 2006. He has served as CEO since 2008 at the company's headquarters in Ottawa, Canada.		Tobi Lütke is the founder and Chief Executive Officer of Shopify. In 2004, Tobi began building software to launch an online snowboard store called Snowdevil. It quickly became obvious that the software was more valuable than the snowboards, so Tobi and his founding team launched the Shopify platform in 2006. He has served as CEO since 2008 at the company's headquarters in Ottawa, Canada.
	Tobi is an active advocate for sustainability, computer literacy, and education, and serves as a board member of Canada Learning Code, an organization working to give all Canadians access to digital skills. He also served as Chair of the Digital Industries Table, an advisory board commissioned by the federal government to provide recommendations on how to turn Canada into a digital leader.		Tobi is an active advocate for sustainability, computer literacy, and education, and serves as a board member of Canada Learning Code, an organization working to give all Canadians access to digital skills. He also served as Chair of the Digital Industries Table, an advisory board commissioned by the federal government to provide recommendations on how to turn Canada into a digital leader.




	=== Harley Finkelstein, President ===		=== Harley Finkelstein, President ===
			[[File:1635777066197.jpg\|left\|thumb\|295x295px]]
	Harley Finkelstein is President at Shopify and has been with the company since 2010. He oversees Shopify’s commercial teams, growth & external affairs.		Harley Finkelstein is President at Shopify and has been with the company since 2010. He oversees Shopify’s commercial teams, growth & external affairs.
	Harley holds a Bachelor degree in Economics from Concordia University and a J.D./M.B.A. joint degree in Law and Business from the University of Ottawa. Prior to his current role, Harley was Shopify’s COO and has founded numerous startups and ecommerce companies.		Harley holds a Bachelor degree in Economics from Concordia University and a J.D./M.B.A. joint degree in Law and Business from the University of Ottawa. Prior to his current role, Harley was Shopify’s COO and has founded numerous startups and ecommerce companies.





	=== Jeff Hoffmeister, Chief Financial Officer ===		=== Jeff Hoffmeister, Chief Financial Officer ===
			[[File:Jeff.jpg\|left\|thumb\|300x300px]]
	Jeff Hoffmeister is the Chief Financial Officer at Shopify and joined in October 2022. He previously worked in Morgan Stanley's Technology Investment Banking group for 22 years in their New York, London and Boston offices. His prior roles at Morgan Stanley included Head of the Americas Tech Banking team and Head of Technology Investment Banking for EMEA. Jeff began his professional career at PwC, serving in their auditing division.		Jeff Hoffmeister is the Chief Financial Officer at Shopify and joined in October 2022. He previously worked in Morgan Stanley's Technology Investment Banking group for 22 years in their New York, London and Boston offices. His prior roles at Morgan Stanley included Head of the Americas Tech Banking team and Head of Technology Investment Banking for EMEA. Jeff began his professional career at PwC, serving in their auditing division.
	Jeff has significant experience leading high-profile tech companies in a variety of transactions, including initial public offerings, follow-on offerings of equity, debt and convertible notes, and both buyside and sellside M&A transactions. Notably, Jeff helped lead IPOs for dozens of companies, including Shopify.		Jeff has significant experience leading high-profile tech companies in a variety of transactions, including initial public offerings, follow-on offerings of equity, debt and convertible notes, and both buyside and sellside M&A transactions. Notably, Jeff helped lead IPOs for dozens of companies, including Shopify.
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	=== Kaz Nejatian, VP Product & Chief Operating Officer ===		=== Kaz Nejatian, VP Product & Chief Operating Officer ===
			[[File:Kaz.jpg\|left\|thumb\|306x306px]]
	Kaz Nejatian is Shopify’s VP of Product and Chief Operating Officer and has been at Shopify since 2019. Prior to becoming COO, Kaz was VP of Product, Merchant Services, and Commercial.		Kaz Nejatian is Shopify’s VP of Product and Chief Operating Officer and has been at Shopify since 2019. Prior to becoming COO, Kaz was VP of Product, Merchant Services, and Commercial.
	Kaz oversees a cross-functional team that develops and delivers tools for entrepreneurs to supercharge their growth on Shopify. These products give independent merchants access to commerce innovations that have historically only been available to big businesses. After working as a lawyer in his early career, Kaz parlayed his life interests of entrepreneurship, finance, and technology into co-founding and serving as the CEO of Kash, a payment technology company which was acquired in 2017 by one of the largest fintech companies in the U.S. Kaz then served as Product Lead for Payments and Billing at Facebook, reducing the barriers for businesses in cash-dependent markets to purchase digital ads without a credit card.		Kaz oversees a cross-functional team that develops and delivers tools for entrepreneurs to supercharge their growth on Shopify. These products give independent merchants access to commerce innovations that have historically only been available to big businesses. After working as a lawyer in his early career, Kaz parlayed his life interests of entrepreneurship, finance, and technology into co-founding and serving as the CEO of Kash, a payment technology company which was acquired in 2017 by one of the largest fintech companies in the U.S. Kaz then served as Product Lead for Payments and Billing at Facebook, reducing the barriers for businesses in cash-dependent markets to purchase digital ads without a credit card.
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	=== Jess Hertz, General Counsel ===		=== Jess Hertz, General Counsel ===
			[[File:Jjess.jpg\|left\|thumb\|256x256px]]
	Jess Hertz is General Counsel at Shopify since 2021, where she oversees our global legal team.		Jess Hertz is General Counsel at Shopify since 2021, where she oversees our global legal team.
	Jess is a U.S. lawyer with significant tech, policy, and operational experience. Before joining Shopify, she served as Deputy Assistant to the President and Staff Secretary to President Biden. She also served as General Counsel for the Biden-Harris Transition Team, where she oversaw all legal aspects for the presidential transition in 2020-2021.		Jess is a U.S. lawyer with significant tech, policy, and operational experience. Before joining Shopify, she served as Deputy Assistant to the President and Staff Secretary to President Biden. She also served as General Counsel for the Biden-Harris Transition Team, where she oversaw all legal aspects for the presidential transition in 2020-2021.
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	=== Tia Silas, Chief Human Resources Officer ===		=== Tia Silas, Chief Human Resources Officer ===
			[[File:Tiaaa.jpg\|left\|thumb\|250x250px]]
	Tia Silas is Shopify’s Chief Human Resources Officer, joining in 2022 to oversee Culture, Internal Operations, Employee Experience & Talent teams.		Tia Silas is Shopify’s Chief Human Resources Officer, joining in 2022 to oversee Culture, Internal Operations, Employee Experience & Talent teams.
	Prior to joining Shopify, Tia was EVP of Human Resources at Wells Fargo, where she was responsible for leading people strategies across a number of areas such as Global Technology, Strategy, Digital and Innovation, as well as the Corporate and Investment Bank. Tia also worked at IBM as the Global Chief Diversity & Inclusion Officer where she was responsible for driving diversity and inclusion strategies across the globe with hundreds of thousands of employees.		Prior to joining Shopify, Tia was EVP of Human Resources at Wells Fargo, where she was responsible for leading people strategies across a number of areas such as Global Technology, Strategy, Digital and Innovation, as well as the Corporate and Investment Bank. Tia also worked at IBM as the Global Chief Diversity & Inclusion Officer where she was responsible for driving diversity and inclusion strategies across the globe with hundreds of thousands of employees.
	Tia graduated from Cornell University with a B.S. in industrial and labor relations, and attained her MBA from New York University, Stern School of Business.		Tia graduated from Cornell University with a B.S. in industrial and labor relations, and attained her MBA from New York University, Stern School of Business.

	=== Andrew Dunbar, Chief Information Security Officer ===		=== Andrew Dunbar, Chief Information Security Officer ===
			[[File:Andy.jpg\|left\|thumb\|176x176px]]
	Andrew Dunbar is the Chief Information Security Officer at Shopify and has been with the company since 2012. He leads the team responsible for safeguarding the millions of merchants on the Shopify platform, educating all employees on the best security practices, and ensuring that Shopify implements innovative security techniques to meet the changing needs of commerce globally. Prior to joining Shopify, he worked as an IT Security Specialist and Programming Analyst for Global Affairs Canada (formerly known as the Department of Foreign Affairs, Trade, and Development). He began his journey in this space by completing a Bachelor’s of Engineering (Software) from Carleton University.		Andrew Dunbar is the Chief Information Security Officer at Shopify and has been with the company since 2012. He leads the team responsible for safeguarding the millions of merchants on the Shopify platform, educating all employees on the best security practices, and ensuring that Shopify implements innovative security techniques to meet the changing needs of commerce globally. Prior to joining Shopify, he worked as an IT Security Specialist and Programming Analyst for Global Affairs Canada (formerly known as the Department of Foreign Affairs, Trade, and Development). He began his journey in this space by completing a Bachelor’s of Engineering (Software) from Carleton University.

	=== Glen Coates, VP Product ===		=== Glen Coates, VP Product ===
			[[File:Glenn.jpg\|left\|thumb]]
	Glen is the VP of Product, Core, leading the development of Shopify’s core commerce platform: the storefront, checkout, backoffice, marketing and analytics tools that all merchants get “in the box”. He also oversees the core developer platform that Shopify’s theme and app developers build the future of commerce on and Shopify’s partner ecosystem, which includes over 10,000 publicly available apps in the Shopify App Store.		Glen is the VP of Product, Core, leading the development of Shopify’s core commerce platform: the storefront, checkout, backoffice, marketing and analytics tools that all merchants get “in the box”. He also oversees the core developer platform that Shopify’s theme and app developers build the future of commerce on and Shopify’s partner ecosystem, which includes over 10,000 publicly available apps in the Shopify App Store.
	Glen’s work at Shopify is the culmination of a career in software engineering, commerce, and entrepreneurship. Originally a CompSci grad who cut his teeth in video game development, he moved from Sydney to San Diego in 2008 to run US distribution and ecommerce for an Australian eco products company. In 2010, he attended Columbia Business School for one whole day before quitting to start Handshake, a SaaS B2B ecommerce platform headquartered in New York.		Glen’s work at Shopify is the culmination of a career in software engineering, commerce, and entrepreneurship. Originally a CompSci grad who cut his teeth in video game development, he moved from Sydney to San Diego in 2008 to run US distribution and ecommerce for an Australian eco products company. In 2010, he attended Columbia Business School for one whole day before quitting to start Handshake, a SaaS B2B ecommerce platform headquartered in New York.
	Glen joined Shopify in May 2019 when the company acquired Handshake. Glen has been in the Vice President role since October 2020.		Glen joined Shopify in May 2019 when the company acquired Handshake. Glen has been in the Vice President role since October 2020.

	~~=== Luc Levesque, Chief Growth Officer ===~~
	~~Luc is Shopify’s Chief Growth Officer and joined the company in January 2020.~~
	At the age of 21, Luc Levesque founded TravelPod, the world’s first travel blogging platform, which was acquired by Expedia. While at Expedia, Luc led the creation of two award-winning products: TripWow and the Traveler IQ Challenge.
	Luc served as an executive at TripAdvisor, where he built and led the growth team which helped TripAdvisor become the world’s largest travel site. Luc was then recruited by Mark Zuckerberg to Facebook where he was an executive and held product and engineering leadership roles. Luc has advised companies like Twitter, Pinterest, and Quora. He has been a guest speaker at Harvard University, has been featured in the New York Times, and was awarded the International Executive of the Year Award and the Forty Under 40 Award by the Ottawa Business Journal.

	~~=== Bobby Morrison, Chief Revenue Officer ===~~
	Bobby is the Chief Revenue Officer at Shopify, joining the executive team in August 2022. Prior to bringing his 25+ years of experience in transforming multi-billion dollar organizations, he was the Chief Sales Officer at Intuit, where he led the Sales, Partner, and Business Development for the Small Business & Self-Employed Group as well as Sales for the ProConnect and Consumer Group, and focused on the commercial transformation of the business.
	Prior to Intuit, Bobby was the VP of the Small, Medium & Corporate Segments at Microsoft where he was responsible for growing the global SMC business to $25B+ in annual revenue. He also spent 19 years in a variety of executive roles at Verizon, which include leading digital operations, e-commerce, sales, commercial strategy, marketing, and go-to-market.
	Bobby joined the board of directors Panopto in 2021, the leading video management system provider in the enterprise and higher education markets. He also serves on the advisory boards for Subsplash and Saviynt.

	== Ownership Structure ==		== Ownership Structure ==

>Rudy: /* Projects */

2023-07-26T21:44:11Z

Projects

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