Posted with permission: pushback re: capital lending programs and worker freedom:
"I'm a little confused about how that relates to the Shopify Capital program, though. Bank loans are prohibitively hard for most entrepreneurs to get, and this provides an alternative that's easier and reliant on sales data rather than credit scores. They don't have a monopoly on ecommerce (far from it, anyone can use a free website builder and link it to Stripe / Square / etc these days -- and ecommerce is a substantial drop in startup costs from the brick-and-mortar days), and if the shopowner's business legitimately declares bankruptcy or otherwise goes out of business, Shopify just forfeits the amount. Plus there's no interest charged. It's also a vendor/entrepreneur relationship and not an employer/employee relationship -- and business law tends to be more robust than labour law anyways."
Posted with permission: pushback re: capital lending programs and worker freedom:
"I'm a little confused about how that relates to the Shopify Capital program, though. Bank loans are prohibitively hard for most entrepreneurs to get, and this provides an alternative that's easier and reliant on sales data rather than credit scores. They don't have a monopoly on ecommerce (far from it, anyone can use a free website builder and link it to Stripe / Square / etc these days -- and ecommerce is a substantial drop in startup costs from the brick-and-mortar days), and if the shopowner's business legitimately declares bankruptcy or otherwise goes out of business, Shopify just forfeits the amount. Plus there's no interest charged. It's also a vendor/entrepreneur relationship and not an employer/employee relationship -- and business law tends to be more robust than labour law anyways."
Posted with permission: 1 reader notes the weirdness of capitals around "Wild Blueberries" when they are clearly cultivated in some way. Agree!