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Backed by $2.4M in fresh funding, Ottawa-based Nook looks to find market niche with new productivity app

Startup's “personal information system that’s disguised as a note-taking app” attracts high-profile investors who include former Shopify executives as well as VPs at Apple and LinkedIn. ....

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Shopify executive exodus continues as nearly half of C-level team set to leave company


Shopify executive exodus continues as nearly half of C-level team set to leave company
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The exodus of long-standing Shopify Inc. executives continued Wednesday, as chief executive officer Tobi Lutke announced three of the company’s seven chief-level officers would leave the online commerce software giant.
Mr. Lutke said in a blog post that chief talent officer Brittany Forsyth, chief legal officer Joe Frasca and chief technology officer Jean-Michel Lemieux would all “transition out of their current roles,” which they have all held for at least six years, in the coming months. ....

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Tobi vs. Goliath: How Shopify is bracing for a looming battle with Amazon


The Globe and Mail
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Alia Youssef/The Globe and Mail
After the year Shopify Inc. has had, you might expect its co-founder and CEO Tobi Lutke to sound a little…cheerier.
Riding a global surge in pandemic-related e-commerce traffic, Shopify – which makes the software used by more than a million merchants to sell their products online – surpassed Royal Bank of Canada to become Canada’s most valuable company. It now has a market capitalization of US$177-billion, making it only the second Canadian tech company, after Nortel Networks, to reach such heights. It raised billions of dollars from stock sales last year and even posted a rare quarterly profit of US$191-million in October on third quarter on revenues ....

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