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Mike Schmidt

Verified account Shopify

@mikeschmidt

Building @Shopify

Founded @Dovetale (acquired by @Shopify) and @ListnApp (acquired by @Beatport)
Miami, FL shopify.com Joined December 2010
1.9K Following 4.3K Followers 3.2K Posts

Latest posts 5

Mike Schmidt Verified account @mikeschmidt
@bot is ridiculously good at reasoning over my @obsdmd files and finding deals for my family's birthdays, then routing shipping to the right person. Especially helpful because my wife and brother share the exact same birthday.

I keep bulleted logs of their preferences, so finding great gifts is ez.
Elon Musk Verified account @elonmusk Oct 29
That’s what I do too. Just have @Bot buy it somewhere else at a lower price.
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Mike Schmidt Verified account @mikeschmidt
This was so good. As always, so much alpha being shared openly.
Alex Heath Verified account @alexeheath Oct 29
How will personal AI agents make money? Shopify CEO @tobi:

"These agents are of tremendous value. Once you have this set up, the money you would have to pay someone to agree that they can never use their Muse again is increasing by the day. There's sort of a reverse-money test.

You're not going to get 2% [of transactions]. Welcome to the world of basis points.

This is one of those areas where I'm just honestly not concerned. There's going to be so much exchange of value here... There are opportunities to monetize, and maybe it's going to go in a way like electricity metering in the background, or maybe it's going to be in a way like transaction flows. Maybe it's going to do all of those things.

People are spending money inefficiently... I think the world is not as optimized as people think, and agents can help people save money"
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Mike Schmidt Verified account @mikeschmidt
It's so exciting to be an entrepreneur right now. this edition is making me jealous, but so cool that we get to build for the most important movement in history.
tobi lutke Verified account @tobi Oct 28
The new Edition drops today.

It’s a magical time to build. Hope this Edition shows how much fun we’re having.

shopify.com/editions/fall2…
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