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The Playbook With David Meltzer

Building the Stock Market for Sports Cards, Sneakers & Collectibles | A Conversation with Josh Luber

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Business, Entrepreneurship, Careers

4.91.9K Ratings

🗓️ 16 August 2023

⏱️ 17 minutes

🧾️ Download transcript

Summary

Today’s episode is from a conversation with Josh Luber, co-founder of StockX, zerocool, Servinity, Tech Experts, and ShopTurntable. We discuss the financial return of collectibles and how marketing is used to create hype for the products. Josh and I speak about one of his most recent ventures, zerocool, and how it’s reshaping the card industry.

Transcript

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0:00.0

This is The Labor.

0:07.0

Welcome to Money Talks.

0:08.0

I'm David Meltzer, and I am so excited because I have one of the greatest collectors in

0:13.0

the world, and he's also a great investor himself, Josh Luber.

0:17.3

He is the co-founder of Fanatics Collectibles and the founder of Zero Cool.

0:24.1

Welcome to Money Talks, Josh.

0:27.0

Thank you very much for having me.

0:28.7

It's so much fun to have you on all the different shows that I do, but this is the one that

0:33.2

I thought was geared directly to you and your core competency and experience because there's

0:39.6

no one that understands the timing and risk tolerance of collecting more than you.

0:44.7

You have, in my opinion, changed the world of collecting.

0:47.7

Anyone that can sell billions of dollars of tennis shoes and, as they call them, sneakers

0:52.8

and make more money off of sneakers than most people do from going to law school to

0:57.6

observe my respect in kudos.

1:00.7

But for you, how did the collectible awareness and understanding really evolve from, you

1:07.7

know, most guys start as children, but not everybody can make millions of dollars and build

1:12.6

huge businesses out of collecting?

1:14.8

First of all, thank you very much for the kind words.

1:18.8

You know, I think the answer to that is, you know, maybe temper some of those kind words,

1:22.9

which is that we all have the same story.

1:25.2

You know, I am turning 45 and about a month or so.

1:29.2

And, you know, we all grew up collecting baseball cards and we all grew up, you know, wanting

...

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