Shopify's Journey to the Spotlight
I know you're just dying to know when Shopify took the big leap and went public. Well, you're in the best possible hands to investigate this topic - stick with me and I promise it'll be more than just a history lesson.
The Startup that Roared
Shopify didn't just come barreling onto the stock exchange. Like a lion gearing up to claim its territory, it took its sweet time to perfect its roar to reverberate throughout the world of e-commerce. Shopify was but a start-up when it was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake. The three needed an online store for their snowboarding equipment business, couldn't find anything worth sledging home about, and thus came up with their own. Divine intervention, serendipity, the stars aligning...call it what you will, but Shopify was born.
The E-commerce King is Crowned
Fast forward to nine years later, and it’s 2015. Shopify is already a name firmly etched into the minds of e-commerce enthusiasts. Everyone is creating their dropshipping stores and turning every product imaginable into a craze. Right on its game, Shopify launched its Initial Public Offering (IPO) on May 21, 2015 - a day that is marked on every e-commerce wizard's calendar. Listed on both the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX), it commenced trading under the ticker symbol "SHOP"—simple, catchy, and to the point. Shopify had finally strutted its stuff onto the public stage and oh boy, did it show them how it's done.
The Fruit of their Labour
As they say, the result is on the scoreboard. Before their IPO, Shopify was valued at approximately $1 billion, but after going public, Shopify's valuation rocketed to around $1.27 billion by the end of the trading day. Like a teenager hitting puberty, Shopify shot up from being a cute little start-up to a billion-dollar hulk of a company, flexing its muscles in the Wall Street spotlight.
1%er Takeaway
If you’re a growing business looking to harness the power of e-commerce, riding the Shopify wave could be the game-changer you’re seeking. But remember, you don’t have to do it alone. At Sellery, we’re more than your digital marketing allies. We're your online wingman, ready to help you crack the code of growth hacking. Shopify may have been a startup that roared, but with Sellery Digital by your side, your business could be the upstart that soars.
So, are you ready to take that leap of faith and sky-rocket your growth? Whether you're planning to create those conversion-friendly landing pages or aiming for a successful pay-per-click campaign, we have the tools and expertise to make it a reality. After all, we're not called the best growth hackers in the world for nothing.
