@davidsenra: When Shopify stock dropped 80% from all-time highs some employees were left with stock options that were essentially wo…

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Summary

After Shopify's stock dropped 80%, CEO Tobi Lütke rebuilt the compensation structure to let employees choose their mix of stock, RSUs, cash, and Shop Cash, adjusting quarterly.

When Shopify stock dropped 80% from all-time highs some employees were left with stock options that were essentially worthless. So @tobi completely rebuilt Shopify’s compensation structure in a way no other company does: letting employees choose how much they want to be paid in stock, RSUs, cash, and even Shop Cash. “ You can change it every quarter. You decide how much money you want.” “ You can even use a tool to lock in the value of the stock you receive for three years.” “ You have full agency and you make this choice.” “ It's very popular.”
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Cached at: 05/27/26, 03:01 AM

When Shopify stock dropped 80% from all-time highs some employees were left with stock options that were essentially worthless.

So @tobi completely rebuilt Shopify’s compensation structure in a way no other company does: letting employees choose how much they want to be paid in stock, RSUs, cash, and even Shop Cash.

“ You can change it every quarter. You decide how much money you want.”

“ You can even use a tool to lock in the value of the stock you receive for three years.”

“ You have full agency and you make this choice.”

“ It’s very popular.”

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