Welcome to Web 3 with A16Z, a show about building the next generation of the Internet

from the team at A16Z crypto.

Today's episode features Tobias Lutka,

CEO and co-founder of the e-commerce platform Shopify,

speaking with A16Z co-founder,

Ben Horowitz, at our second annual founder summit in November.

They discuss what it takes to build a breakout startup in a crowded category, the changing

face of retail, how to affect change in the workplace, and how to handle individual emotions

and corporate culture, including dealing with calls for activism, as well as the value of

embracing negativity. They also touch on the moral imperative behind

creating quality software, the symbiosis between AI and crypto, and more. As a

reminder, none of the following should be taken as business, legal, tax, or investment advice.

Please see A16Z.com slash disclosures for more important information, including a link to a list of our investments.

All right, so for those of you who don't know Toby, which you probably should know Toby. You can look him up as well, but he

started a snowboarding company in 2004 called Snow Devil, and he parlayed that into Shopify which now serves millions of merchants in 175 countries around the world.

How many countries are there? Like in total. 75 countries around the world.

How many countries are there?

Like in total.

I think that's most of them.

There's 200?

Yeah, but it changes around the margins.

So it's more sensitive.

...