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Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

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381–390 of 531 posts

Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

#381

Earlier quoted context omitted.

You are falling into the meta-trap of misunderstanding the Luddites. The Luddites weren't idiots, nor they were against progress. They revolted because the way the new technology was applied was destroying their specialization, and in many cases, destroying their lives . The promise of "reallocating skilled workers to new areas" is bullshit at the individual level. What's being reallocated is the new generation, the…

>They get to restart at the junior level, with commensurate pay, while they retain their age the alternative to this is gerontocracy and stagnation. We actually have a real world example of this, Japan. Seniority as a leading principle and the inability to fire in the name of social stability sounds great on a 10 year time horizon and appears empathetic, on a 50 year time horizon you are going to be poor compared to…

> Even if the luddite motivations are more reasonable than the popular image suggests, we are much better off not being stuck in an artisanal mode of production.

We really should aim for both. That the society as a whole is better off when it receives the benefits of creative destruction, it also has a moral obligation to make sure the "destruction" part is only shifting labor and expertise allocation - destroying ephemeral constructs like companies and brands, not actual lives.

It is a moral issue first and foremost, but we can't be burying our heads in the sand here and pretending we didn't know - the issue carries with it a real threat of those whose lives get destroyed rising up to tear down the civilization that crushed it. It's in everyone's self-interest to be on the side of the Luddites.

Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

#382
post #11

Shopify also bumped their prices 33% earlier in the year. As a small-business Shopify merchant, I would appreciate more competition in the market.

WooCommerce is free plus a $5 a month VPS if you want to do e-commerce yourself. If you want support + hosting + security features then pay for a SaaS.

WooCommerce was purchased by Automattic and since then it's been very difficult to implement without paying for SaaS components. Still possible, but no longer straightforward.

Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

#383

Earlier quoted context omitted.

This looks worse out of context. The next sentence is pretty clear on what's going on. There are a number of consequences to this, and I don’t want to bury the lede: after today Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics; this means some of you will leave Shopify today

> Shopify will be smaller by about 20% So are they going to fire 20% of the C-suite and upper management as well? :)

[flagged]

Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

#384

Is this the same CEO who decided to double the engineering team in a single year? https://techcouver.com/2021/01/06/shopify-to-double-engineer... Aren’t CEOs paid ludicrously well to make long term decisions, rather than just flail around?

>Aren’t CEOs paid ludicrously well to make long term decisions, rather than just flail around? CEO's are neither prophets nor oracles. They are effectively dice-rolls with a face. Not roll er s, but rolls. No matter what, sometimes you get bad numbers. Founder CEO's like Lutke are heroes. They have skin in the game. This forces them to calculate their risks. Their actions and decisions have greater weight because of…

Tobi took a shitton of skin out of the game when the price was high. And he has a golden share, he can't be replaced, so there's no way for a board to discipline him or fire him. I wouldn't call that skin in the game. He owns the game.

Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

#385

Earlier quoted context omitted.

The conceit that there exists human actions that are exempt from “morality” is fundamentally depraved.

I don’t understand the point you’re trying to make. Are you suggesting that all corporations actions are based on morality? I was pointing out that’s not the case.

> Are you suggesting that all corporations actions are based on morality?

I believe the suggestion is that they certainly should be based in some moral system. Corporations are a convenient fiction we use to shield the actual humans from the effects of the actions they collectively take.

Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

#386

Earlier quoted context omitted.

It's a fundraising advertisement, not for you. The headline is to pitch possible future investors that Shopify will prioritize investor returns over anything else (as ordained by the Prophets of capitalism)

If Shopify can deliver its software with less people, that’s better for society. Put it this way - would you like to be paid to mow a lawn using scissors? I can pay hundreds of people to mow my lawn using scissors, and they will be employed as landscapers. Or I can pay one guy with a lawnmower.

Hiring 100 people then getting rid of 99 of them is probably worse for society then just hiring the 1

Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

#387
post #22

Things changed quite a bit since this quote from February 17: > “There’s no cuts coming for us,” Harley Finkelstein told The Canadian Press. “We’re in a really good place.” https://globalnews.ca/news/9494197/shopify-outlook-no-layoff...

In my observation absolute statements about no layoffs are a strong indication of future layoffs in this economy. It's impossible to be certain in this economy so giving an absolute statement is basically a lie. Someone who is so brazen about lying to/deceiving their employees will have no qualms with doing layoffs. On the other hand someone who uses more careful language even if it costs them in the short term is so…

> It's impossible to be certain in this economy so giving an absolute statement is basically a lie

Or a sign of the kind of delusional optimism that leads to over-hiring.

Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

#388
post #338

Earlier quoted context omitted.

>Aren’t CEOs paid ludicrously well to make long term decisions, rather than just flail around? CEO's are neither prophets nor oracles. They are effectively dice-rolls with a face. Not roll er s, but rolls. No matter what, sometimes you get bad numbers. Founder CEO's like Lutke are heroes. They have skin in the game. This forces them to calculate their risks. Their actions and decisions have greater weight because of…

Lutke's not a hero, he's a mini-Zuckerberg: he still runs the company he founded as CEO, but he has already made more than enough money to comfortably retire. Also like Zuckerberg, his company might be better off without him at this point, since being practically unaffected by success or failure makes continuing as CEO something of a vanity project.

[deleted]

Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

#389

Earlier quoted context omitted.

You are falling into the meta-trap of misunderstanding the Luddites. The Luddites weren't idiots, nor they were against progress. They revolted because the way the new technology was applied was destroying their specialization, and in many cases, destroying their lives . The promise of "reallocating skilled workers to new areas" is bullshit at the individual level. What's being reallocated is the new generation, the…

For hundreds of thousands of years, pre-historic man became very skilled at cutting rocks in order to make stone age tools. Generations upon generations of early humans learned, worked on, and passed down to their children the way to perfectly smash rocks against each other in order to cut them into pointy shapes. In this way they made arrow heads, knives, axes, and so on. It's hard to believe, but this primitive tec…

> I don't care one iota about craftsmen who can no longer conduct their craft in the way they want because a better technology came around.

You'll care when they actively subvert the rollout of the new technology. If the technology truly benefits society more than it hurts the craftsman then you can share some of the gains with them so they too can benefit.

Re: Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics

#390

Earlier quoted context omitted.

>Aren’t CEOs paid ludicrously well to make long term decisions, rather than just flail around? CEO's are neither prophets nor oracles. They are effectively dice-rolls with a face. Not roll er s, but rolls. No matter what, sometimes you get bad numbers. Founder CEO's like Lutke are heroes. They have skin in the game. This forces them to calculate their risks. Their actions and decisions have greater weight because of…

> CEO's are neither prophets nor oracles Then why are they compensated like they're gods?

It's one big club, and you're not in it.
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