Be a platform, w/Shopify's Tobi Lütke
Masters of Scale
WaitWhat
4.6 • 4.4K Ratings
🗓️ 15 December 2020
⏱️ 37 minutes
🧾️ Download transcript
Summary
The secret to massive scale? Be a platform. Build a virtuous cycle where everyone wins, and you’ll emerge the biggest winner of all. This is what Tobi Lütke did when he built Shopify – and then opened it up to the world. Cameo appearances by Bill Gates, Eric Schmidt (Google), Julia Hartz (Eventbrite), and Gustav Söderström (Spotify).
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Transcript
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| 0:00.0 | Real leaders don't back down when the stakes are high. They innovate. They push forward, |
| 0:07.5 | and then they take the stage at the Masters of Scale Summit. |
| 0:11.6 | Join us in San Francisco, October 7th to 9th to hear from the CEO of the New York Times, |
| 0:17.1 | scientists using cutting-edge technology to find cures, the leader of crypto powerhouse |
| 0:22.0 | Coinbase, a retired four-star general, and many, many more. |
| 0:26.7 | Apply now at mastersofscale.com slash apply 25. |
| 0:31.7 | That's masters of scale.com slash apply 25. |
| 0:36.9 | Your company's data is everywhere in systems, in silos and across teams. But if your |
| 0:42.8 | AI can't reach it, then that data isn't working for you. Every business has unique data, |
| 0:48.0 | what really makes a difference is how you use it. IBM helps your AI access your data wherever |
| 0:53.4 | it lives to change how you do business. Let's create |
| 0:57.5 | smarter business, IBM. Welcome to the Blitzscale Zone. |
| 1:18.8 | Meet 8-year-old Archibald T. Winnie Maker the third. |
| 1:22.6 | You're about to hear him take his first confident step into the world of |
| 1:26.8 | of entrepreneurship. |
| 1:30.7 | His launch pad? Why, |
| 1:37.8 | it's that time-worn gateway. The lemonade stand. Come and get your lemonade. Fresh lemonade here. |
| 1:46.0 | Hi, Archie. Enter Loretta Lovegood, seven and three quarters. Is that lemonade? Looks delicious. Say, my mom just baked some fresh cookies. |
| 1:49.0 | Maybe I could sell them from your stand. |
| 1:51.0 | Then we can both make money and bring even more sweetness into our customers' lives. |
| 1:56.0 | Now, witness how Archibald takes his first misstep. |
| 2:00.0 | No way, scram! This is my stand! Go find your own! |
... |
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