OpenStore Raises $75M to Acquire More Shopify Sellers

Re:OpenStore Raises $75M to Acquire More Shopify Sellers by boringg on Thursday November 18, 2021 @11:50AM (#29267547)

Seriously this sounds like a isht business. End result is squeezing all the merchants into one giant crappy company - all profit rolls up to OpenStore.

This also kills off any creators willingness to bring newer products to the market on a continual basis as they no longer own the store. I guess alternatively what you end up is with a bunch of people who make stores quickly off a new product and sell to OpenStore, rinse and repeat.

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Re:OpenStore Raises $75M to Acquire More Shopify Sellers by melony on Thursday November 18, 2021 @01:52PM (#29269003)

I don't understand the hate for this company. YC has funded multiple such aggregators (see Moonshot Brands) and I don't see any negative complaints about those.

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Re:OpenStore Raises $75M to Acquire More Shopify Sellers by jeltz on Thursday November 18, 2021 @02:06PM (#29269156)

Personally I hate all of them. Companies like these are just harmful to the market in my experience.

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Re:OpenStore Raises $75M to Acquire More Shopify Sellers by boringg on Friday November 19, 2021 @12:16PM (#29279592)

Aggregators don't provide real value to the market they just collect revenue off the backs of the original products.

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Re:OpenStore Raises $75M to Acquire More Shopify Sellers by tmp_anon_22 on Thursday November 18, 2021 @02:08PM (#29269173)

"Nobody has complained about similar companies yet" is not a foundation to build on.

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