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In May 2005, Reza Satchu and O'Leary's operating partner, Wheeler, filed a $10-million wrongful dismissal lawsuit, charging that they had altered an agreed-upon compensation deal and illegally reduced Wheeler's share of the profits. O'Leary and Satchu claimed Wheeler failed to reach performance targets. The case was settled out of court.
The company received $7 million from an initial series A round of venture capital financing in December 2010. Its Series B round raised $15 million in October 2011. In February 2012, Shopify acquired Select Start Studios Inc ("S3"), a mobile software developer, along with 20 of the company's mobile engineers and designers.
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The company is discounting its software by 30 percent until May 30th, which means the Intro tier costs $69, the Standard tier is $324 and the Suite tier is $524. This beats some of the best sale ...
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