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Shopify Inc. chief executive Tobi Lütke admitted he was probably off on a tangent while talking to analysts on a conference call on Wednesday, after his firm’s quarterly earnings update showed massive sales gains that dwarfed expectations. But if what he was saying was tangential, it was interesting: a secular homily, of sorts, on the ills of consumerism.
“Consumerism,” he said, “is not a thing that exists because people love buying things. It exists because people hate the things that they get to buy.”
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Shopify Inc. chief executive Tobi Lütke admitted he was probably off on a tangent while talking to analysts on a conference call on Wednesday, after his firm’s quarterly earnings update showed massive sales gains that dwarfed expectations. But if what he was saying was tangential, it was interesting: a secular homily, of sorts, on the ills of consumerism.
“Consumerism,” he said, “is not a thing that exists because people love buying things. It exists because people hate the things that they get to buy.”
We apologize, but this video has failed to load.
Try refreshing your browser, or