Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

ft.com

Post reply on HN
Print view View original

131–140 of 144 posts

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#131

Post by TylerE »

IAmGraydon wrote: post #128
TylerE wrote: post #110

Earlier quoted context omitted.

There are tons of scammers using Shopify. They’ll put up dozens of storefronts selling name brand sneakers or AirPods at “90%” off and stuff like that. Of course, they never ship product (because they don’t have any) or if you’re lucky you get some super low quality alibaba knockoff.

With all due respect, if you are foolish enough to believe you can buy name brand sneakers and AirPods at 90% off from anywhere, you had it coming. There are many ways a scammer can set up a quick site, hook up a payment processor and start taking money. This is not a Shopify problem. It’s an internet-wide problem.

It’s not really a a good look for Shopify to be leaving those stores up.

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#135

Post by dang »

shshehe wrote: post #42
foobarian wrote: post #38

Earlier quoted context omitted.

My kids grew their lemonade stand revenue 125% month-over-month. Truly impressive! :-)

I mean doubling anything over a month is super impressive. You think you're making a dope point but you just come across as a simpleton.

We've banned this account for repeatedly breaking the site guidelines. Continuing to do that will get your main account banned as well, so please don't.

https://news.ycombinator.com/newsguidelines.html

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#138

Post by tim333 »

downandout wrote: post #111
jeromegv wrote: post #98

Earlier quoted context omitted.

Nothing you say is backed by data. Their revenue keeps growing with Shopify payments (they take a share of every transaction), which is an entirely different metric than the number of stores. If those were all empty store with no sales that would show. But that’s not the case. Also huge growth with their enterprise solutions shopify plus. Read their financials, it’s all there and easy to understand.

Nothing you say is backed by data. And none of the data you pointed to disproves anything I said. Additionally, there is some data to back up my position: while it’s true that it would be impossible for anyone to have data on how many accounts have been opened due to the guru effect, a quick search of YouTube should help you understand the gigantic scale of this issue. Here’s why you have not disproved a single thing…

The cohort data from their presentation https://s2.q4cdn.com/024715446/files/doc_presentations/2019/... suggests the 'ghost town' thing won't happen. eg the 2014 cohort are producing like 2x the revenue they did in 2014 rather than dying off.

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#140

Post by tim333 »

james_s_tayler wrote: post #97
dre54673 wrote: post #32

Earlier quoted context omitted.

> he owes playing video game to help him in critical thinking. I often hear people attribute part of their success to things they already did, and I think it's usually just a combination of survivorship bias and other similar effects. I've heard people say similar things of nearly every substance or activity: "I am successful and doing X is part of the reason" where X can be anything from illegal substances to someth…

Yup. Everything is ex-post-facto rationalization chock full of survivorship bias with no way for you to accurately calibrate for the difference in personal and temporal circumstances and accurately map what outcome you would have if you do X. It's not worth listening to anyone's advice. Only experiment with your own life and find what works for you or die trying.

Not everything - sometimes you can filter useful data when things are clear cut.
Post reply on HN