"Notably, several tech visionaries also joined the list of backers, including Amazon founder and former CEO Jeff Bezos, former X VP Elad Gil, GitHub CEO Nat Friedman, Shopify CEO Tobi Lutke and Vercel founder Guillermo Rauch."
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"Separately, Chief Executive Tobi Lutke said in a blog post that "after today Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics." He further noted that logistics was "clearly a worthwhile side quest for us" but that "[m]aking the global supply chains efficient and software addressable is Flexport's main quest and so this is the perfect home for this part of Shopify."
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"The company is also seeking to make governance changes that would give Chief Executive Officer Tobi Lutke a special "founder share" that will preserve his voting power as long as he's at the company, under certain conditions."
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"In announcing the stock split, Shopify also announced that it wants to give Chief Executive Officer Tobi Lutke a special "founder share" that will preserve his voting power as long as he's at the company. "
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"Shopify Inc. said it plans a 10-for-1 stock split and will give Chief Executive Officer Tobi Lutke a special "founder share" that will preserve his voting power as long as he's at the company."
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"Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split, while seeking shareholder approval for a "founder share" for its CEO Tobi Lutke to increase his voting power."
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"Last week, Shopify Inc. CEO Tobi Lutke shared his perspective by tweeting that the "relationship between stock price and a public company is the same as the relationship between a pro sports team and betting markets. "
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"There are increasing logistics costs and things like this," Tobi Lutke told analysts during Shopify's third-quarter earnings call Thursday. "
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"Shopify Inc. CEO Tobi Lutke said he has learned more about effectively running abusiness from playing Starcraft-a modern-dayversion of chess where players allocateresources with incomplete information- than he ever attained from reading books. "
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"Shopify Inc.'s employees will have to show they are fully vaccinated against Covid-19 in order to meet each other in person at work, Chief Executive Officer Tobi Lutke tweeted."
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"Chief Executive Officer Tobi Lutke told analysts on its third-quarter earnings call that he's "not a huge fan of M&A for acquiring revenue.""
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""There's a lot of reductionist thinking, especially about M&A," Chief Executive Officer Tobi Lutke told analysts Friday during the third quarter conference call. "
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