2oceansvibe News | South African and international news

Sponsored by RSAWeb rss
2ov Radio
  • Home
  • About
    • Terms and Conditions
    • Seth Rotherham
  • du Cap Collection
  • Café du Cap
  • Cabine du Cap
  • Media Packs / Advertising
  • Contact
    • Contact
    • Anonymous Tips
    • Twitter
    • Facebook
Seth Rotherham
  • They Call This German Billionaire The ‘Anti-Bezos’

    07 Mar 2022 by Tayla in Business, Lifestyle, Shops & Retail, Tech/Sci, World
    Related Posts
    • That Tech Mogul Dead Set Against Ageing Is Being Sued By Ex For Dumping Her When She Got Breast Cancer
    • What This Tech Mogul Spends $2 Million A Year On To Feel 18 Again
    • Never Mind Cow Farts, Bill Gates Is Focussing On Cow Burps
    • Adorable: Jeff Bezos And Lauren Sánchez’ First Interview As A Couple [Video]
    • Thursday Morning Spice

    [imagesource: Instagram / @nmdcomunicacion]

    Instead of taking over the internet and global retail with one colossal online shop like Jeff Bezos did with Amazon, the man dubbed the ‘anti-Bezos’ created a platform to allow everyone to join the online retail space.

    Meet German billionaire Tobias “Tobi” Lütke, the CEO of Shopify.

    He founded Shopify almost by accident, but it quickly become an e-commerce beast that helps companies set up and run online stores in over 175 countries.

    It was even considered a rival once when Bezos was still Amazon’s CEO, reported South China Morning Post:

    Shopify may have grown into an e-commerce behemoth and Canada’s largest listed company, but it started as an online snowboard retailer called Snowdevil in 2004. Lütke told Signal v. Noise that he wanted to start a retail store in Ottawa because of programming burnout.

    However, when Lütke and his partners couldn’t find decent software for Snowdevil, they shifted their focus to building e-commerce software that would help merchants sell products online instead.

    Fast forward 10 years and Tobi was recognised as The Globe and Mail’s “CEO of the year” and branded the ‘anti-Bezos’ for the ways in which he sets himself apart from other tech billionaires.

    For example, he donated a million and one trees to #TeamTrees, which was one more than Elon Musk.

    Although, Lütke has nothing personal against Musk, and likewise Musk has nothing but admiration for his fellow tech billionaire:

    Congrats! Shopify is great btw. Nice work.

    — Elon Musk (@elonmusk) October 30, 2019

    The only difference is that Lütke reportedly prefers riding his bike to work over his Tesla.

    The ‘anti-Bezos’ spiel came after a 2019 Q&A session on Twitter when he was asked if Shopify was the next Amazon.

    He was sure to mark the difference, saying that “Amazon is trying to build an empire. Shopify is trying to arm the rebels.”

    Q: #asktobi people are starting to characterize Shopify as the next Amazon. Is that the right lens to view your strategy?
    – @jwangARK

    A: pic.twitter.com/0fnzKdBoYr

    — tobi lutke (@tobi) October 11, 2019

    Born in 1981, Koblenz, Germany, Tobi started rewriting the code of the games he played when he was just 11 or 12 years old:

    “I got so fascinated with my computer; it was more interesting than anything else and it was certainly more interesting than school,” Lütke told the Financial Post.

    His PC was so interesting that he dropped out of school at 16 and entered a computer programming apprenticeship with Siemens instead of attending university.

    That might just be his only typical tech bro move, aside from being big into crypto.

    He recently joined Coinbase’s board of directors, an American cryptocurrency company, which said that he got into cryptocurrency pretty early on:

    “With [Lütke’s] guidance, we hope to unlock crypto’s potential to increase economic freedom in the same way Shopify democratised online commerce,” Coinbase CEO and co-founder Brian Armstrong said in a statement.

    Lütke’s role in the industry has given him ample opportunity to meet significant figures, such as former US President Barack Obama:

     

    View this post on Instagram

     

    A post shared by Tobi Lutke (@tobi)

    As well as Canada’s prime minister, Justin Trudeau:

     

    View this post on Instagram

     

    A post shared by Tobi Lutke (@tobi)

    Besides all that, he seems to relish his time as a husband and dad of three in Canada:

     

    View this post on Instagram

     

    A post shared by Tobi Lutke (@tobi)

    Nice going, Tobi.

    [source:scmp]

    • ← Wow – South Africa Could Be In For A Massive Petrol Price Shock
    • Ranked: SA’s Best Internet Service Providers →
    • Tweet
    • Tags:
    • anti-Jeff Bezos
    • Jeff Bezos
    • shopify
    • tech billionaires
    • tobi lutke
    • Tobias Lütke
    • Tobias “Tobi” Lütke

    Latest News

    • Theta Noir – The Cult That Worships Super-Intelligent AI

      [imagesource:wikicommons] All hail our AI overlord! Well, maybe not just yet, consid...

    • You Can Buy Prince Harry And Meghan Markle’s Netflix Mansion For $33,5 Million

      [imagesource:jimbartsh] The Duke and Duchess of Sussex's Netflix documentary flew total...

    • Porsche Billionaire Is Divorcing His Wife Because She Has Dementia

      [imagesource:wikimediacommons] Looks like billionaire Wolfgang Porsche skipped the "in ...

    • rise siya kolisi story

      SPL!NG Movie Review: Rise – The Siya Kolisi Story

      Watch movies via Labia Home Screen*. It's hard to believe we're already staring down the ...

    • Bad Tourists, Animal Cruelty, Gated Luxury Resorts Alongside Local Poverty: This Doccie Hopes To Change How You Travel [Trailer]

      [imagesource:thelasttourist/hulu] If you book a cruise to ride on a go-kart track in th...


    • 2oceansvibe Partners

    • CONTACT US
    • GOT A HOT STORY?
    • 2oceansvibe Radio
    • 2oceansvibe Media
    • Media Pack
    • Seth Rotherham
    • Café du Cap
    • Cabine du Cap
    • Cape Town City Accommodation
    • Terms & Conditions
    • Business
    • Media
    • Entertainment
    • Tech/Sci
    • World
    • Travel
    • Lifestyle
    • Sport
    • Politics
  • Follow

    2oceansvibe.com is part of the 2oceansVibe Media Group

    DMMA Logo