The billionaire cofounder of Shopify says he intentionally slowed the company's growth — and it was the key to managing the 'crushing' stress of being a CEO

Tobias Lütke, the billionaire CEO of e-commerce platform Shopify, experienced high highs and low lows during the company's early days, he said on an August episode of NPR's"How I Built This with Guy Raz." To deal with the stress, Lütke intentionally prevented Shopify from growing as quickly as it could have between 2009 and 2010, he told NPR. Lütke now has a net worth of $2.7 billion thanks to his stake in Shopify, according to Forbes.

Tobias Lütke, the billionaire CEO of e-commerce platform Shopify, experienced high highs and low lows during the company's early days, he said on an August episode of NPR's"How I Built This with Guy Raz." To deal with the stress, Lütke intentionally prevented Shopify from growing as quickly as it could have between 2009 and 2010, he told NPR. Lütke now has a net worth of $2.7 billion thanks to his stake in Shopify, according to Forbes.

Mo money mo problems

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Activision Blizzard CEO Bobby Kotick talks esports, gaming industry“The engagement is different, the passion is greater, the enthusiasm is a different level in a lot of respects.” The CEO of Activision Blizzard says that esports could “rival” or even “surpass” traditional sports over the next 10 to 12 years. Here’s how.
Source: CNBC - 🏆 12. / 72 Read more »