Kushner's Thrive Capital Invests $100M in Shopify

petethomas 12 points 2 comments May 15, 2026
www.bloomberg.com · View on Hacker News

Discussion Highlights (2 comments)

bhouston

Shopify is such a cyclical stock. Up, down, up, down in quite a dramatic fashion. Peak in the last year was 178$ and it was just as low as 95$. It is likely undervalued right now so it is a good time to invest. Unfortunately, I am waiting for them to follow in Cloudflare, Github and others leads and lay off 20% of the company "because of AI."

winrid

Great, can they fix their plugin review process now? As of like 2 weeks ago it seems it's all done by AI with no way to provide feedback when wrong.

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