Venture Capital

Shopify Ceo Explains His Decision To Keep The Company In Canada

by businessinsider.com posted 2years ago 117 views
When Shopify CEO Tobi Lütke started looking for VC funding, investors told him he would have to move the company from Canada to Silicon Valley. But Lütke kept his company planted in Ottawa. Today, Shopify has a market cap of $15 billion and has over 3,400 employees. Lütke told Business Insider he decided to stay in Canada because he could widen his search pool for talent across Canadian cities and New York.

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