The Importance of Investing in the First Round

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

StubHub is a really great example of, StubHub brought primary and secondary markets together. Think about you buy tickets on StubHub. You don't see the ticket holders or reselling. And that same thing in the stock market, there's an actual seller on the other end of that trade selling you that share. That would be kind of dope. So, Grant, you could do this for tickets to concerts too. It's incredible what you've done. Once 18 months from now, 24 months when every Monday morning there's just 20 products IP owing, the secondary market continues to go. The Sixers, the Yankees, a few other teams, they have primary ticket deals with some

1:00 Want to work at LAUNCH? gettheseat.com
2:28 Jason intros StockX's Josh Luber
3:14 When did the sneaker crazy start?
6:37 What is StockX?
9:19 What should Jason wear courtside? And why not Kawhi's?
14:13 Most $ Josh has spent on pair of sneakers? What were they?
18:15 What is StockX's take on a standard transaction?
18:44 Meeting Co-founder & Cavaliers owner Dan Gilbert
19:58 Attracting Mark Wahlberg, Eminem, etc. as investors
22:55 Attracting SV firms vs. attracting famous investors?
29:39 What was Josh's background before StockX?
34:22 Finding investors who understood his space
36:36 How do IPO's (Initial Product Offerings) come into play on StockX?
41:35 StockX's future priorities
42:03 Value of authentication
48:37 Selling on StockX