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by ksec 2220 days ago
I read the tweet from Shopify CEO and I thought Facebook went and partnered with Shopify only. Turns out that is not true.

Anyway out of all those listed, I would think Shopify has the biggest to gain. While I dont know enough about the possibility of Facebook doing Triple E, at least All of a sudden Shopify's insane valuation makes a little more sense and justifying the possible potential. Currently market cap at ˜90B and trading at ˜50x revenue.
2 comments
xyzzy_plugh 2220 days ago
Wow, I haven't been following Shopify, but their stock is going gangbusters.

A mid level employee who joined around their IPO, with ~$300k of stock vesting over four years would be worth almost $18MM today.

Wow.

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codecamper 2218 days ago
Just thank J Powell and Trump.
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codecamper 2218 days ago
Not really.

Shopify is only using FB's merchant APIs: https://developers.facebook.com/docs/commerce-platform/ And that's it.

They are allowing Shopify merchants to publish their inventories to the FB store. In exchange Shopify wants 2% of every transaction and 30 bucks a month or 9 bucks for their "lite" version.

Or you can just use FB directly to stock your store & pay Shopify zilch.

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