There was a significant increase in C-Suite transitions last week.
Shopify (SHOP)
Tobias Lütke and Scott Lake created Shopify (SHOP) a global Canadian e-commerce business, in 2006 after failing to launch Snowdevil, an online store for snowboarding gear. Lütke, a computer programmer, decided to create his own e-commerce platform for the internet business because the available e-commerce platforms weren’t good enough. Snowdevil was released after two months of development.