The Blind Dutch Auction

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

We created these slides with Ben Bawler, who is a celebrity jeweler. We put 800 pairs of these into the world, red and black. It was a blind Dutch auction by size and color. And so if you scroll down, this thing literally is going to start looking like a math textbook. Blind, but by color and size. This is all the, the math that came off of this. Oh, my lord, look at this. Hold up. Let's get the red slides. The black, there are more quantity of black than there were. So here we go.

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