Josh Luber
speaker
555 appearances
2 recordings
1 series
first heard Nov 2024
last heard 22 Jul
Josh Luber’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
And obviously if we do a release and there's thousands of products, that ends up being like 99%.
The other person just pays exactly what they pay.
And what's really powerful is after the release happens, so everyone pays $900, they take possession of the product.
Well, now they can do whatever they want with it.
And some people are going to choose to resell the products.
So once you go to resell your product and you now put it out on the market in the full market, well, there's some percentage of the population that was willing to pay more than $900, right?
So think of those bids as your distribution curve, your sample set.
So what happens is – and every time –
the resale price will be greater than the clearing price, but less than the highest bid.
And so it ensures that people can flip the product and make a little bit of money if they want.
Now they can all say they got a deal.
Maybe the clearing price was 900 and the resale prices is 1300.
So you can keep it, you can make a couple bucks, right?
And so the brand ends up getting more money than they would normally get because you have this mechanism to price it fair to market.
But the customer gets it for less than what they're willing to pay and less than what the market says.
And so we built Ghost Strike.
The entire business was built to show that we could run a brand using this theory.
And we did.
And every single ghost that we've released...
The resale price in the period of time directly after release is greater than the clearing price to a T. Now, over time, demand changes, time changes.
Showing 121–140 of 555 · page 7 of 28
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