Shopify’s “entrepreneur” program, one of its sexiest metrics, is in serious jeopardy. Shopify should immediately trade back to $100.
Shopify and Facebook have been in an unholy alliance for years – in which Facebook has shared your personal information with Shopify sponsored/supported opportunists. The warning signs have been there, but as the scope of Facebook’s severe privacy problem gets exposed, Facebook has no choice but to drastically revamp how it sells its data – data about you and your personal behaviors. Rocked to the core of its business model, Facebook has no choice but to take away Shopify’s punch-bowl.