How Shopify Found Product Market Fit w/ Aydin Senkut (Managing Partner at Felicis & Series A Investor in Shopify)

A Product Market Fit Show | Startups & Founders

Aydin Senkut is the Founder and Managing Partner at Felicis. He invested in Shopify's Series A in 2010 at a $25M valuation. He joins us to tell the story of how Shopify found product market fit.
Shopify is now a $100B company. But as Founder & CEO Tobi Lutke said, in the early days, his goal was "to build a 20-person company". Shopify is not a story of explosive, 10x growth and massive funding rounds. Shopify is a story of consistent growth. Of doubling year after year, from 0 to over $7B in revenue and a $100B valuation.
If your goal is to build a generational company, you won't want to miss this episode.

Send me a message to let me know what you think!

Chapters

1. How Shopify Found Product Market Fit w/ Aydin Senkut (Managing Partner at Felicis & Series A Investor in Shopify) (00:00:00)

2. The Story of Tobi (00:02:50)

3. Snow Devil Launches (00:11:44)

4. Why Positioning is Key (00:16:30)

5. Staying 15 Chess Moves Ahead (00:19:24)

6. 10x Better, Faster, Cheaper (00:22:36)

7. Why Big Markets Matter (00:27:19)

8. The Yin and Yang of Shopify (00:28:03)

9. The Build a Business Competition (00:30:29)

10. Shopify's Series A (00:34:23)

11. Market Forecasting is Impossible (00:38:15)

12. Recap (00:44:05)