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Keith Rabois - 1 OpenStore - 1 he's - 1 Rabois - 1 Jack Abraham - 1 Matt Lanter - 1 Jeremy Wood - 1 Google — - 1
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☆ Keith Rabois' startup OpenStore is launching a new program to boost Shopify merchants who aren't big enough to sell their stores yet
  + stars: | 2023-08-16 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +5 min
Keith Rabois' OpenStore is launching a new accelerator program for Shopify merchants. OpenStore, Keith Rabois' Shopify aggregator startup , is launching another offering for Shopify merchants. The new program, called OpenStore Boost, is an accelerator for Shopify merchants generating between $50,000 and $500,000 in net sales annually. The company has since launched OpenStore Drive , which allows Shopify merchants to pass off the day-to-day operations of their store while retaining full ownership of the business. In June, OpenStore launched a website where shoppers can browse products from all of the brands in its portfolio.
Persons: Keith Rabois, OpenStore, he's, Rabois, Jack Abraham, Matt Lanter, Jeremy Wood, Google —, It's Organizations: Google
☆ Keith Rabois says Shopify brands have 'a lot of room' to grow, and his startup, OpenStore, just launched a new product to help with that
  + stars: | 2023-03-22 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +4 min
Keith Rabois' startup, OpenStore, is launching a new service for Shopify merchants. Keith Rabois founded OpenStore in 2021 with the idea of scooping up Shopify stores and using economies of scale to supercharge their sales. OpenStore has acquired more than 40 Shopify stores so far, says Rabois, a venture capitalist who placed early bets on DoorDash, Affirm, Stripe, and Faire. That makes OpenStore the largest owner and operator of Shopify brands in the world, he told Insider in a recent interview. However, there's "a lot of room" to grow Shopify brands, he added.
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