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The billionaire cofounder of Shopify says he intentionally slowed the company’s growth – and it was the key to managing the ‘crushing’ stress of being a CEO

REUTERS/Lucas Jackson Shopify CEO and cofounder Tobias Lütke has one word to describe the responsibility of being a chief executive: “crushing.” During the company’s early years, Lütke was so stressed about having enough money to meet payroll and worried about losing the money family members had invested into the company …

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12 photos that show why Michiganders like myself are so furious with Mike Pence for bringing cars onto Mackinac Island

Jeffrey Greenberg/Universal Images Group via Getty Images Vice President Mike Pence just traveled on Mackinac Island with his motorcade – even though the area banned personal vehicles over 100 years ago. The lack of cars on Mackinac Island adds to the tourist destination’s “old-time” feel, along with its 19th-century Victorian …

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Amazon almost bought Netflix in 1998- and it inspired Netflix to drop the only profitable part of its business model

When Amazon said they were thinking of an offer in the “low eight figures,” Hastings hesitated, according to the book. Randolph writes that Hastings thought that Netflix had “real potential,” higher than that offer. Randolph was fine with the money; selling would let them sidestep the issue that they weren’t …

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A San Francisco startup pays its employees to go to Burning Man. Their pictures show what it’s like to live in the art-filled desert festival on the company’s dime.

Courtesy of 15Five 15Five, a performance management software company based in San Francisco, paid for two of its employees to go to Burning Man this year. The startup’s cofounder said the festival teaches people about creativity, an important business skill. The employees shared pictures of their experience with Business Insider. …

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Peloton, which sells $2,000 exercise bikes, just filed for an IPO – but cofounder and CEO John Foley has said that finding good talent is what keeps him up at night

Peloton cofounder and CEO John Foley.Kimberly White/Getty Images for TechCrunch Potential investors were shocked to see home fitness giant Peloton (which sells $2,000 exercise bikes) reveal that it had sustained a $245.7 million net loss in fiscal year 2019 when the company released its IPO paperwork on Tuesday. But there …

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18 books (and 1 speech) Bill Clinton thinks everyone should be reading this year

David McNew/Getty Images Former president Bill Clinton released a list of books he thinks everyone should read. The list also includes the late Toni Morrison’s Nobel Prize acceptance speech. He recommends both fiction and nonfiction works, though it’s clear he especially enjoys mystery novels. Visit Business Insider’s homepage for more …

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