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Top related persons:
Shopify - 1 Rachael Jones - 1 Brent Murri - 1 They've - 1 Murri - 1 Andrew Bialecki - 1 Klaviyo - 1 Dennis Hegstad - 1
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Search resuls for: "Thomas Smale"


2 mentions found


☆ In Shopify's app store, 'people are fighting it out on the margins' as the market becomes oversaturated and merchants cut costs
  + stars: | 2024-02-29 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +10 min
Its S-1 filing mentions the word "Shopify" 198 times, and it said that about 77.6% of its annual recurring revenue came from Shopify merchants. About a third of the deals FE International facilitates are for businesses within the Shopify ecosystem, Smale said. Smale said that lately, he has worked with a "wider variety of acquirers" quietly looking to scoop up Shopify apps. He said that Shopify apps make good acquisition targets because they tend to be profitable and not venture-backed. "I always say Shopify SaaS applications are so great to build because they're kind of like building a SaaS on training wheels," Gazdecki said.
Persons: Shopify, Rachael Jones, Brent Murri, They've, Murri, Andrew Bialecki, Klaviyo, Dennis Hegstad, there's, Hegstad, Andy Cloyd, it's, We're, Thomas Smale, Smale, Andrew Gazdecki, Acquire.com, Gazdecki, Tobi Lütke, Lucas Jackson, wouldn't Organizations: Shopify's, Business, Boston Globe, FE International, Reuters Locations: Shopify, Klaviyo
☆ Dow tumbles 345 points as the biggest bank failure since 2008 rattles nerves
  + stars: | 2023-03-10 | by ( Carla Mozée | ) www.businessinsider.com   time to read: +2 min
Stocks dropped sharply Friday after regulators closed Silicon Valley Bank. The bank failure is the biggest since the 2008 financial crisis and has sparked contagion fears. The index's financial sector was the worst performing on Friday as regulators shut down Silicon Valley Bank to prevent a run on the tech-startups lender. The bank collapsed after this week saying higher interest rates spurred billions in losses on a $21 billion bond portfolio. "Silicon Valley Bank was heavily reliant on the tech industry, catering mainly to startups and the investors that fund them.
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