SHOP Initiation Overview: eCommerce on Founder Mode

New Street Research’s US Internet analyst, Dan Salmon, will host a call to review the team's initiation of SHOP.

The call will be a great opportunity to address some of the top investor questions of late, including:

1) Why we see GMV growth remaining the key driver of SHOP's stock?

2) How are new TAM opportunities like POS/Offline and B2B driving SHOP's next leg of GMV growth?

3) How will the mix of growth between payments, third-party transaction fees, scaled products (like Shipping and Capital) and emerging products (like Managed Markets, etc.) combine to drive incremental attach rate growth?

4) What are the headwinds and tailwinds to SHOP's gross margin outlook?

5) With FCF margins expected to remain consistent at current levels, what's the outlook for absolute FCF growth?