stockx

What does it take to create a startup ecosystem?

Say it louder for the people in the back: As tech grows bigger by the minute and venture capital adds dollar signs by the day, a startup hub’s success is not an either/or situation. The next Silicon

Hear how StockX brought the sneaker scene to Detroit

At TechCrunch’s Detroit City Spotlight this week, I sat down with Rae Witte, the journalist behind the StockX EC-1. TechCrunch’s EC-1 push allows individual authors to go deep on a particu

Detroit’s native son, billionaire Dan Gilbert, makes the case for his town

Dan Gilbert loves his hometown of Detroit. He loves it so much that the billionaire founder of what would eventually become the mortgage lender Quicken Loans has poured at least $2.5 billion into reha

A ‘more honest’ stock market

Hello friends, and welcome back to Week in Review! Last week, I talked about Clubhouse’s slowing user growth. Well, this week news broke that they had been in talks with Twitter for a $4 billion

Let’s talk about gaslighting and fundraising

“Most of the startups I give advice to about how to raise venture capital shouldn’t be raising venture capital,” an investor recently told me. While the idea that every startup isn’t venture-b

Extra Crunch roundup: StockX EC-1, Early Stage recaps, unpacking Alkami’s IPO, more

Over the last few days, we’ve published several articles recapping panels from last week’s TechCrunch Early Stage virtual conference. Each story is based on an interview with a founder or

Have a startup in Detroit? Apply to pitch at TechCrunch’s Detroit virtual meetup!

TechCrunch is coming to Detroit — virtually, at least. On April 15, TechCrunch is hosting a small online event with local venture capitalists, founders and those curious about the growing ecosystem.

The StockX EC-1

StockX is a unique company at the nexus of two radical transitions that isn’t just redefining markets, but our culture as well.

How StockX became the stock market of hype

StockX may be a multibillion dollar juggernaut with massive influence radiating throughout sneaker culture today, but it started with taking the leap to transforming a personal passion into a business

Authentication and StockX’s global arms race against fraudsters

In this part of the EC-1, we’ll explore how authentication got started at StockX and how it has grown, as well as what it takes to compete with the fakes — and the fallout when the company gets a

Where StockX fits in the business of sneakers

E-commerce startups and tech companies have sprouted up to target this connected cultural consumer, and StockX has had to run quickly to maintain its product and marketplace lead.

The consequences of scaling up sneaker culture

While StockX’s idea of access does circumvent gatekeeping and the backdoor deals of the past to an extent, it has come at the cost of having access taken from vibrant regions, brick-and-mortar store

Sneaker enthusiast group SoleSavy raises $2M, setting the stage for a community-driven commerce boom

SoleSavy, a community built around buying hot sneakers and related items that are increasingly hard to acquire at retail, raised $2 million in a round that closed late last year. SoleSavy is a group o

The StockX megaround smells like pre-IPO money

An IPO? A shoe-reselling marketplace? Sure! At the numbers we know about it, why not?

StockX raises $275M Series E, valuing the retailer at $2.8B

StockX today announced its Series E funding led by Tiger Global. The $275 million funding round values the company at $2.8 billion at a post-money valuation. The company intends to use the cash to acc

EBay takes a bite at StockX and GOAT with sneaker authentication for sales $100+ in the US

EBay is announcing today that it’s going to start authenticating sneaker sales over $100 in the U.S. This is a clear bite into the dominance of StockX and GOAT in the limited sneaker universe. T

Sneaker culture staple GOAT hits $1.75 billion valuation on new $100 million round

In this case, money, it really is the shoes. GOAT, the proprietor of online and physical retail locations for reselling the collectible kicks and kits that are the currency of street cred and cultural

Alternative assets are becoming mainstream

Simply put: alternative assets are the things that probably wouldn’t come up when you meet with your financial advisor.

As the US shuts down, StockX’s business is booming, says its CEO

StockX, the high-flying resale marketplace that connects buyers and sellers of sneakers, streetwear, handbags and other collectible items, has seen its fortune rise along with the $6 billion global sn

Inside StockX’s authentication center

Joshua Luber runs a sneaker empire valued at more than $1 billion, but he thinks they’re just now scratching the surface. The consumer marketplace recently expanded to include a fifth category (coll
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