Portfolio Spotlight: Josh Luber, CEO of StockX*
Each month, Battery highlights a different portfolio-company CEO with our “Five Questions in Five Minutes” feature, showcasing the diversity of the Battery portfolio across investment stages, sectors and geographies.
What does your company do in 10 words or less?
StockX is an online secondary marketplace for limited run, high-demand consumer products.
What is your favorite piece of management/leadership advice?
Urgency. One foot in front of the other. Urgency. Perfect is the enemy of good. Urgency.
What’s the most under-rated trend in technology, in your opinion?
Doing things that don’t scale. Don’t wait for the tech solution, make something happen and scale it later.
What StockX accomplishment in the last 12 months are you most proud of?
The world’s first IPO for a consumer goods product. We ran a blind Dutch auction for a sandal with a rap lyric on it and changed the future of all eCommerce. You can nerd out on the full recap here.
BONUS QUESTION: What is your favorite pair of sneakers you’ve ever owned and why?
Eminem once gave me a pair of Jordan 4 Carhartts (market value: $23K) but I gave Greg Schwartz (StockX co-founder and COO) his first of pair of Yeezys.
The information provided is solely intended for the use of entrepreneurs, corporate CEOs and founders regarding Battery Ventures’ potential financing capabilities for prospective portfolio companies. The information is current as of the date it was published. The contents are not intended to be used in the investment decision making process related to any product or fund managed by Battery Ventures. No assumption should be made that the investments identified above were or will be profitable. It should also not be assumed that recommendations made in the future will be profitable or equal the performance of the companies identified above.
Content obtained from third-party sources, although believed to be reliable, has not been independently verified as to its accuracy or completeness and cannot be guaranteed. Battery Ventures has no obligation to update, modify or amend the content of this article nor notify its readers in the event that any information, opinion, projection, forecast or estimate included, changes or subsequently becomes inaccurate.
*For a complete list of portfolio companies, please click here.