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Re:Shopify raises $7 Million Series A by cal5k on Friday December 17, 2010 @03:05PM (#2017541)
They've already proven their business model, have tons of customers, are making a profit, and have a plan for scaling their business. This is the perfect time to take investment - regardless of whether they were bootstrapped to this point.

I don't think anything in the so-called "lean startup" philosophy runs counter to the idea of taking Series A financing when appropriate. Hell, even 37Signals took money from Jeff Bezos...

Re:Shopify raises $7 Million Series A by steveklabnik on Friday December 17, 2010 @03:17PM (#2017596)
Oh totally. Just commenting on the change, that's all. I certainly don't think 'lean' means 'never take money,' but it also does demonstrate that Shopify is a 'startup' and not a 'lifestyle business.' Maybe they always were, and I just didn't notice.