Michael Rubin

We're investing aggressively. It's all right, because I know you're profitable in the other two. Look, the collectibles and trading card business is a very good business. Commerce business is a big business that's grown its profitability. But for us, think about the trading card and collectibles business. That idea popped in my brain the day before Thanksgiving of 2020.

We're investing aggressively. It's all right, because I know you're profitable in the other two. Look, the collectibles and trading card business is a very good business. Commerce business is a big business that's grown its profitability. But for us, think about the trading card and collectibles business. That idea popped in my brain the day before Thanksgiving of 2020.

That business next year will be a $3 billion business.

That business next year will be a $3 billion business.

So it shows you when you get something right, how quickly you can do it. But we've really gone from one business to three businesses. And then how do you bring it all together for the fan? And so that takes, you have to be on top of it. Like one of the things that we don't probably talk enough about, I think one of the key jobs of a leader is to stop dumb shit from happening. Okay.

So it shows you when you get something right, how quickly you can do it. But we've really gone from one business to three businesses. And then how do you bring it all together for the fan? And so that takes, you have to be on top of it. Like one of the things that we don't probably talk enough about, I think one of the key jobs of a leader is to stop dumb shit from happening. Okay.

And you know, I'm right when I say this, like how many times you're like, what the fuck? Like, why is someone thinking this? Why is someone doing that? So as a leader, you need to be on top of your business. You need to make sure you're working with your team. You're paying attention to what's going on. And sometimes you need to stop dumb things from happening.

And you know, I'm right when I say this, like how many times you're like, what the fuck? Like, why is someone thinking this? Why is someone doing that? So as a leader, you need to be on top of your business. You need to make sure you're working with your team. You're paying attention to what's going on. And sometimes you need to stop dumb things from happening.

So it's like, one, you need to lead the organization. You need to have the right vision, get everyone bought in. But then when you're growing very fast, when you go from one business to three businesses, you go from 8,000 people to 22,000 people, like, you know, kind of, crazy shit can happen. So you got to be on your business to stop that from happening.

So it's like, one, you need to lead the organization. You need to have the right vision, get everyone bought in. But then when you're growing very fast, when you go from one business to three businesses, you go from 8,000 people to 22,000 people, like, you know, kind of, crazy shit can happen. So you got to be on your business to stop that from happening.

So there's so much to do in any given day for what we do.

So there's so much to do in any given day for what we do.

Well, I think I have some really good ones. I also think I have some bad ones as well. Of course, we all do. Yeah. So I think the first thing is you do need to have, like one of the things I think I'm pretty good at is coming up with a big idea and then sizing it up. Like you need something that's good for the consumer, in our case, good for the fan, but also something that's a good business.

Well, I think I have some really good ones. I also think I have some bad ones as well. Of course, we all do. Yeah. So I think the first thing is you do need to have, like one of the things I think I'm pretty good at is coming up with a big idea and then sizing it up. Like you need something that's good for the consumer, in our case, good for the fan, but also something that's a good business.

So I'm pretty good at figuring out, is this a big and good idea? And is it also a good business? A lot of people come up with great ideas, but they're bad businesses. Yeah. Totally.

So I'm pretty good at figuring out, is this a big and good idea? And is it also a good business? A lot of people come up with great ideas, but they're bad businesses. Yeah. Totally.

And by the way, you and I've seen these things before, you know, so many, they have a great idea. It seems like it's a great thing, but actually it's not a good business. So I'm pretty good at first having the common sense to figure that out. I think we go back to like, as a founder, a CEO, you do need to be a really good communicator to let people know, you know, kind of what are we doing?

And by the way, you and I've seen these things before, you know, so many, they have a great idea. It seems like it's a great thing, but actually it's not a good business. So I'm pretty good at first having the common sense to figure that out. I think we go back to like, as a founder, a CEO, you do need to be a really good communicator to let people know, you know, kind of what are we doing?

What are we going after? Bringing teams together is really important. That's something I've got a lot better experience. over the last 10 years, because as a decent sized company now, like you need the greatest people in the world to do what we do. And if you don't, you absolutely fail. So I'm unrelenting from that perspective.

What are we going after? Bringing teams together is really important. That's something I've got a lot better experience. over the last 10 years, because as a decent sized company now, like you need the greatest people in the world to do what we do. And if you don't, you absolutely fail. So I'm unrelenting from that perspective.