Sam Parr invested $10,000 in Shopify stock five years ago while building apps on the platform, and it grew to $60,000. He later bought HubSpot stock after his team started using their tools. His investing rule: bet on products you know firsthand, where you have an edge others don't.
When we were building Shopify apps 5 years ago, I was like, I don't know if our Shopify apps are going to work, but I'll put $10,000 in Shopify stock when it just started. So if our apps suck, I think the Shopify thing will probably work. And that Shopify stock now is like $60K. I bought a lot of HubSpot stock once we started transitioning a lot of our team to HubSpot. But I think where I just think about is like, where do I have an advantage or understanding that other people may not?
