[mherdeg]

Gosh I've really enjoyed using the Shop Pay checkout experience on an increasingly large number of ecommerce sites this past few months. It didn't really click until recently that this was all Shopify backed!

Makes me think it might not be too late to figure out a sensible valuation for NYSE:SHOP and invest.

[steve_adams_86]

They seem like they’ll be a steady climber. I’m not sure who has the inertia or a compelling enough product to knock them down any time soon.

Having said that, I don’t know anything about this and I only invest for fun/to keep an eye on these things.

[critical_banjo]

WooCommerce is growing at a steady pace, with a YoY growth of 50%-100%

[jesterson]

Wait until you try it.

As someone who is on merchant side related to Shopify, SHOP is greatly overvalued

[littleweep]

Buy put options and show us how right you are?

[jesterson]

Reality of modern market leaves very little correlation between product quality and stock price.

So a product - it is crap, although stock price will most likely go up.

[moneywoes]

What are your complaints?

[ksec]

Every time I checked I thought they were over valued. $200B! But P/E is only 60, and they are still growing. This makes Tobi net worth higher than Jack Dorsey.

Then I looked at revenue was only ~4 billion. Something doesn't add up. Turns out they have ~$3B from Gain on Sale of Security.

[boringg]

They also have investments in a bunch of tech companies and are moving into a lot of different markets. Wallstreet likes to look at the GMV which is second only to Amazon for gross merchandise volume sold on a platform.