#44 - Shopify’s secret marketplace, Amazon-Visa breakup, & Black Friday protests

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Ideas Focused Podcast w/ Paul Drecksler

Business


Since I won’t talk to you again until next Monday, I wanted to take this time to wish you a Happy Thanksgiving! I hope you have a wonderful time with family and friends this Thursday and that you get to enjoy a long leisurely weekend (or a madhouse shopping extravaganza — your call). This year I’m incredibly thankful that my family and close friends have survived the COVID pandemic and remain healthy. I’m lucky to have experienced no major losses in my life due to COVID and am incredibly appreciative of that and I realize how lucky I am to be writing that. Beyond that, I’m thankful this year that my business Ideas Focused is busier than it’s ever been as small businesses are embracing online technology more than ever before. I’m thankful to launch that Capital Cities book I told you about a few weeks ago with my community of travel creators. I’m thankful for my lovely girlfriend in Ecuador who’s patient with me when I go back to USA for “a few weeks” and end up buying an investment property and staying away for several months to fix it up. And of course, I’m thankful for you, my Shopifreaks readers, for your support of this newsletter which I launched less than a year ago in Jan 2021. I hope you love the newsletter and the new podcast! What are you thankful for this year? Hit reply and let me know! I love hearing from you each week. And now, it’s my pleasure to bring you this week’s 44th edition of Shopifreaks. This week I cover:  1. Is Shopify becoming a bit more like Amazon — but without the unified customer support? 2. fabric introduces fabric Marketplace 3. Amazon to stop accepting Visa credit cards issued in the UK 4. Amazon employees in 20 countries going on strike on Black Friday 5. Is Macy’s going to split up its online / offline businesses? 6. Consumer payment apps to report transactions larger than $600 to the IRS starting next year Plus 8 stories and 13 seed round & acquisitions of interest.  If you like this podcast be sure to subscribe to the weekly newsletter at www.shopifreaks.com