Josh Luber

Last updated
Josh Luber
Josh Luber (52162699797).jpg
Born (1978-02-18) February 18, 1978 (age 46) [1]
Philadelphia, Pennsylvania, U.S.
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]

Related Research Articles

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">Trading card</span> Picture cards that are collectable

A trading card is a small card, usually made out of paperboard or thick paper, which usually contains an image of a certain person, place or thing and a short description of the picture, along with other text. There is a wide variation of different types of cards.

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

A baseball card is a type of trading card relating to baseball, usually printed on cardboard, silk, or plastic. In the 1950s, they came with a stick of gum and a limited number of cards. These cards feature one or more baseball players, teams, stadiums, or celebrities.

<span class="mw-page-title-main">Topps</span> American company

The Topps Company, Inc. is an American company that manufactures trading cards and other collectibles. Formerly based in New York City, Topps is best known as a leading producer of baseball and other sports and non-sports themed trading cards. Topps also produces cards under the brand names Allen & Ginter and Bowman.

<span class="mw-page-title-main">Fleer</span> American bubble gum manufacturer

The Fleer Corporation, founded by Frank H. Fleer in 1885, was the first company to successfully manufacture bubble gum; it remained a family-owned enterprise until 1989.

<span class="mw-page-title-main">American football card</span>

An American football card is a type of collectible trading card typically printed on paper stock or card stock that features one or more American football players or other related sports figures. These cards are most often found in the United States and other countries where the sport is popular.

<span class="mw-page-title-main">Sneaker collecting</span> Hobby of acquisition and trading sneakers

Sneaker collecting is the acquisition and trading of sneakers as a hobby. It is often manifested by the use and collection of shoes made for particular sports, particularly basketball and skateboarding. A person involved in sneaker collecting is sometimes called a sneakerhead.

<span class="mw-page-title-main">Michael Rubin (businessman)</span> American businessman (born 1972)

Michael Gary Rubin is an American businessman and philanthropist. He is the founder and CEO of Fanatics, a global digital sports platform that consists of several businesses, including licensed sports merchandise, trading cards and collectibles, sports betting and iGaming, special events, and live commerce. He is also a board member of Rue Gilt Groupe, which includes RueLaLa.com, Gilt.com, and ShopPremiumOutlets.com. He previously founded GSI Commerce in 1998, selling it to eBay in 2011 for $2.4 billion.

Poshmark is a social commerce marketplace where users can buy and sell new and secondhand fashion, home goods, and electronics. The platform has over 80 million users, with over 200M available listings. The company is headquartered in Redwood City, California, with offices in Canada (Vancouver), Australia (Melbourne), and India (Chennai). The company operates as an independent subsidiary of Naver Corporation since January 2023.

<span class="mw-page-title-main">Robinhood Markets</span> US-based financial services company

Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California. The company provides an electronic trading platform accessible via mobile app that facilitates commission-free trades of stocks, exchange-traded funds and cryptocurrency, as well as cryptocurrency wallets, credit cards and other banking services. The company's revenue comes primarily from payment for order flow, net interest income, and subscription fees. The company has 23.9 million funded customers, 13.7 million monthly active users, and $130 billion in assets under custody.

Fanatics, Inc. is an American manufacturer and online retailer of licensed sportswear for the MLB, MLS, NBA, NCAA, NFL, NHL, NASCAR, Formula 1, WWE and NPB. They sell sports collectibles, Non-Fungible Tokens (NFTs), trading cards, and sports merchandise, as well as sports betting and iGaming. The company began as an American online retailer of licensed sportswear and merchandise, which operates the e-commerce businesses of major professional sports leagues and media brands, as well as hundreds of collegiate and professional team properties.

<span class="mw-page-title-main">Unicorn (finance)</span> Startup company valued at over $1 billion

In business, a unicorn is a startup company valued at over US$1 billion which is privately owned and not listed on a share market. The term was first published in 2013, coined by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures.

Revolut is a global neobank and financial technology company with headquarters in London, UK that offers banking services for retail customers and businesses. It was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. It offers products including banking services, currency exchange, debit and credit cards, virtual cards, Apple Pay, interest-bearing "vaults", personal loans and BNPL, stock trading, crypto, commodities, human resources and other services.

Snap Inc. is a technology company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy, and Reggie Brown based in Santa Monica, California. The company developed and maintains technological products and services, namely Snapchat, Spectacles, and Bitmoji. The company was named Snapchat Inc. at its inception, but it was rebranded Snap Inc. on September 24, 2016, in order to include the Spectacles product under the company name.

<span class="mw-page-title-main">N26</span> German Neobank

N26 is a German neobank headquartered in Berlin, Germany. N26 was founded in 2013 by Rocket Internet, an incubator, and operates in various European Union member states that are members of the Single Euro Payments Area (SEPA). N26 provides transaction accounts and debit cards, with overdraft and investment products and premium accounts available under a subscription business model.

<span class="mw-page-title-main">Allbirds</span> Footwear company

Allbirds, Inc. is a New Zealand and American company that sells footwear and apparel. Allbirds is headquartered in San Francisco, California. The footwear company mostly uses a direct-to-consumer model in conjunction with distribution via select additional stores in addition to select Nordstrom and Dick's Sporting Goods locations.

<span class="mw-page-title-main">Vlad Tenev</span> Bulgaria-born American entrepreneur

Vladimir Tenev is a Bulgarian-American entrepreneur who is the co-founder and CEO of Robinhood, a US-based financial technology services company.

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.

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
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.