Josh Luber

Last updated
Josh Luber
Josh Luber.jpg
Born (1978-02-18) February 18, 1978 (age 45) [1]
CitizenshipUnited States
Alma mater Emory University
OccupationEntrepreneur
Known forFanatics Collectibles, StockX, Campless
ChildrenOne daughter, one son

Joshua Eliot "Josh" Luber (born February 18, 1978) is an American entrepreneur and sneaker collector who co-founded StockX, the stock market for things. [2] [3] Luber worked for IBM when he founded Campless, a "sneakerhead data" company that tracked the secondary market for sneaker sales. [video 1] Campless then morphed into StockX, which is an online marketplace for high-end product resale. [4] [5]

Contents

Luber is an expert on the sneaker resale market, and has applied that knowledge to the broader secondary market for luxury goods, a $6 billion global industry. [6] Originally from Philadelphia, Luber is a graduate of Emory University, from which he holds a Bachelors, a M.B.A., and a J.D. [2] [7]

StockX was jointly founded by Dan Gilbert, Greg Schwartz, Josh Luber and Chris Kaufman in 2015, with an emphasis on the sneaker resale market. [8] [9] Until mid-2019, Luber was the CEO of StockX. However, he stepped down from that role upon raising a Series C, $110 million round of venture capital funding at a $1 Billion valuation for the company. [10]

After leaving StockX, he co-founded Fanatics Collectibles, a subsidiary of Fanatics, with Michael Rubin. Operating as Chief Vision Officer, Luber secured exclusive trading card manufacturing and distribution rights from MLB, MLBPA, NBA, NBPA and NFLPA, [11] [12] [13] raised $350 million in funding at a $10.4 billion dollar valuation [14] , and oversaw the acquisition of Topps. [15]

Personal life

Luber lives with his wife and one daughter and one son in Birmingham, Michigan. [16]

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A grey market or dark market is the trade of a commodity through distribution channels that are not authorized by the original manufacturer or trade mark proprietor. Grey market products are products traded outside the authorized manufacturer's channel.

<span class="mw-page-title-main">Baseball card</span> Type of trading card related to baseball

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StockX is an online marketplace and clothing reseller, primarily of sneakers. Since November 2020, it has also opened up to electronic products such as game consoles, smartphones and computer hardware. The Detroit-based company was founded by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman in 2015–2016. StockX has more than 800 employees in Downtown Detroit. StockX currently has international offices in London, UK, in Eindhoven, the Netherlands, and has authentication facilities in Detroit's Corktown neighborhood, Moonachie, NJ, and Tempe, AZ. Scott Cutler and Schwartz serve as chief executive officer and chief operating officer, respectively, and Deena Bahri became the company's first chief marketing officer in 2019.

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

KYX, previously known as KYX World, is an e-commerce platform known for facilitating the rental and purchase of aftermarket and limited-release sneakers to end consumers. KYX was co-founded by entrepreneurs Brian Mupo and Steve Dorfman who launched the company in June 2021. The for-profit LLC is headquartered in Los Angeles, California. In January 2023, the company decided to end the offering of their subscription rental service, announcing so by publishing on their website's homepage.

References

  1. "Josh Luber is part of the BoF 500". The Business of Fashion. Retrieved 2019-10-08.
  2. 1 2 Aquino, Tara (2019-02-19). "HOW I GOT HERE :: Josh Luber of StockX". The Hundreds. Retrieved 2019-10-08.
  3. Sundaram, Anjali (2019-06-26). "A stock exchange for sneakers is now worth $1 billion and it just hired a former eBay exec as CEO". CNBC. Retrieved 2019-10-08.
  4. "Josh Luber". Internet Retailer Conference + Exhibition. Archived from the original on 2019-10-08. Retrieved 2019-10-08.
  5. Gorsler, Fabian (2019-10-07). "After Changing the Resell Market, What is Next for StockX and Josh Luber?". Highsnobiety. Retrieved 2019-10-08.
  6. FERNANDEZ, CHANTAL (2018-11-29). "Luxury as the Next Stock Market of Things: Josh Luber". The Business of Fashion. Retrieved 2019-10-08.
  7. Quinn, Kaylyssa. "StockX CEO returns to Goizueta to discuss economics, sneakers with students – EmoryBusiness.com" . Retrieved 2019-10-08.
  8. Griffith, Erin. "Buy Low-Tops, Sell High-Tops: StockX Sneaker Exchange Is Worth $1.8 Billion". The New York Times. Retrieved 28 June 2019.
  9. Anyanwu, Obi (2019-09-26). "Digital Forum: StockX's Josh Luber on Supply and Demand". WWD. Retrieved 2019-10-08.
  10. Griffith, Erin (2019-06-26). "Buy Low-Tops, Sell High-Tops: StockX Sneaker Exchange Is Worth $1 Billion". The New York Times. ISSN   0362-4331 . Retrieved 2019-10-08.
  11. Young, Jabari (2021-08-19). "MLB will end 70-year deal with trading card company Topps". CNBC. Retrieved 2023-11-07.
  12. Young, Jabari (2022-01-04). "Fanatics acquires Topps trading cards for $500 million". CNBC. Retrieved 2023-11-07.
  13. Beer, Tommy. "Report: Fanatics Strikes Again, Set To Become Exclusive Licensee For NBA Trading Cards". Forbes. Retrieved 2023-11-07.
  14. "Fanatics Trading Cards valued at over $10 billion after latest funding". Reuters. 2021-09-29. Retrieved 2023-11-07.
  15. "Fanatics CVO Josh Luber talks collecting, future of sports cards - Sports Collectors Digest". Sports Collectors Digest. Retrieved 2023-11-07.
  16. Finkel, Adam (2018-09-20). "StockX Laces Up". The Jewish News. Retrieved 2019-10-08.

Video

  1. Luber, Josh, Why sneakers are a great investment, TED.com, retrieved 2019-10-08