Stock Talk · by Camille Dubois · 2026-10-07

SHOP is the poster child for why value vs growth debates get dumb fast

If you only looked at old multiples you'd swear it was still untouchable. If you only looked at the business trajectory you'd say the platform is still hugely relevant and maybe stronger for having gone through a reality check.

I own some, but with a lot less romance than before. Great business doesn't erase the memory of what paying too much feels like.

30 sparks · 6 comments

Comments

Rapid River · 4 likes

Sometimes the lesson isn't never buy growth, it's don't cosplay infinity in your spreadsheet.

Ngozi Bello · 3 likes

This one broke a lot of people's brains because both camps got to be right at different times.

Kabir Khan · 3 likes

I came back to SHOP after swearing it off. Humbling experience.

Tanvir Rahman · 2 likes

The merchant ecosystem strength is real, the stock history still leaves bruises.

Camille Dubois · 0 likes

Exactly. I like the business more than I trust my own scars.

Aarav Sharma · 2 likes

Growth vs value is often just timing and narrative with better branding.