About this episode
<p>Shopify founder and CEO Tobi Lütke joins John Collison to discuss the philosophies driving one of the internet’s most foundational companies. Tobi shares his perspective on why companies are a form of technology, how internal tools and "opinionated software" shape an organization's culture and accelerate its evolution, and why the best gift is finding a beautiful, unsolvable problem.</p><p><br></p><p>Show notes</p><ul><li>[Buy] Momax: <a href="https://www.amazon.com/MOMAX-Universal-Technology-Worldwide-Charging-Black/dp/B0CRYPKR4H?th=1">140W Universal Travel Adapter</a></li><li>[Read] Benjamin Bloom: <a href="https://web.mit.edu/5.95/www/readings/bloom-two-sigma.pdf">The 2 Sigma Problem</a></li><li>[Buy] Ikigai: <a href="https://ikigaicases.com/">vitamin cases</a> </li><li>[Read] Kevin Kelly: <a href="https://kk.org/thetechnium/1000-true-fans/">1,000 True Fans</a></li><li>[Read] Erich Gamma: <a href="https://www.amazon.co.uk/Design-patterns-elements-reusable-object-oriented/dp/0201633612">Design Patterns</a> </li><li>[Read] Charles Calomiris: <a href="https://www.amazon.co.uk/Fragile-Design-Political-Princeton-Economic/dp/0691155240">Fragile by Design</a></li><li>[Listen] Business Breakdowns: <a href="https://podcasts.apple.com/gb/podcast/formula-one-the-iconic-motor-sport/id1559120677?i=1000526586800">Formula One</a></li><li>[Watch] Netflix: <a href="https://www.netflix.com/title/80204890">Formula 1: Drive to Survive</a></li><li>[Read] Mark Robichaux: <a href="https://www.amazon.co.uk/Cable-Cowboy-Malone-Modern-Business/dp/047170637X">Cable Cowboy</a></li></ul><p>Key Moments</p><p>(00:00) Intro</p><p>(07:07) How internal software shapes culture</p><p>(16:32) The Shopify vision</p><p>(27:49) Peak transaction capacity</p><p>(34:36) Agentic commerce</p><p>(49:15) Shop Pay</p><p>(55:29) Stablecoins</p><p>(59:20) Stripe + Shopify</p><p>(1:12:23) Learning from the Coinbase board</p><p>(1:17:23) Is Tobi ungovernable?</p><p>(1:25:02) Entrepreneurship</p><p>(1:31:50) Advice for Mark Carney</p><p>(1:36:40) Motor racing</p>