How StockX lost your personal and financial data to hackers and didnt let you know before it was too late

The verification is just smelling the shoes and then say they are legit, that’s why there are so much fakes

Funny how they are worth over a billion dollars and they can’t even add 2FA after they got hacked

Dead stock is when it hasn’t been worn

Lmao that old white lady has no idea wtf she’s talking about. She didn’t even use the word dead stock correctly.

We will definitely be seeing more marketplaces like StockX and GOAT pop up around any applicable niche. We recently saw Nike leave Amazon (a non niche marketplace) and now is the perfect time for them to acquire StockX and dominate sneaker/luxury goods marketplaces. We broke down why we think Nike should make an acquisition in this short video: kzfaq.info/get/bejne/nr51qZmTsbOYqYk.html

lmao stockx be pushing out fakes like no tomorrow i have had some of my things get authenticated in less than a minute. They cappin for real

"check out the chicks with 6000 sneakers, 5000 which were inherited" lmfaooo, they did no work...

A billion dollar sneaker company that doesn’t have a customer services number 😂

I know tons of people who sell fakes on stock x and have no problem

Fakes go thru here btw

I've sold sneakers there and my experience is great. However when it comes to buying you can never be sure for 100% they've sold you authentic product. The diversity of products and number of sales makes it very hard to make a proper authentication.

0:04 _"Smells good, ready to go."_ 😂 So this is the _"Our experts authenticate every product sold on StockX"_ thing StockX is heavily promoting on its site. 😂 Now I know! 😅✌

Those chicks at the end: "So we were given 5,000 pairs of expensive shoes"

3% plus 14% transaction cost is crazy ... and their authentication isnt that good

She is using the word “dead stock” right tho in this scenario. The problems now a days the term is used for a shoe that is brand new

Glad I got to be featured in this video! Appreciate y’all!

This is why it’s important to invest properly into the right companies to be financially well off so your educated to buy & sell items like these

The sneaker resale market is something that I’ve been seeing more and more about (because I just bought a pair of Jordan 1’s). Applying their stock market framework (bids and asks) was not only good marketing and style, but it does create a de facto market value for the shoes. Even if some sneakerheads don’t like stockx, most of them now refer to the stockx price as the going rate of that shoe. Really cool way to improve the resale market of sneakers - or anything.

The problem with this model and this doesn't really jive with the creators idealogy is that each shoe size can have wildy different pricing on stockx for the exact same shoe. Yes it is based on supply and demand, but it really doesn't set a market price. Also, it's just one website among dozens of major shoe re-sale sites. There is only one stock market. Major difference.

Just in case if you didn't catch it. Near the end of the video. The co-founder of stock X is basically saying is, if you think 200 dollars is expensive for a pair of shoes. If this guys future is realized. instead of paying the suggested retail price of 150 dollars for some travis Scott Jordan 1s, you would be paying the true retail/ market value price of 1.500 dollars. I never thought that sneakers may one day become a Luxury item only for the rich. But when you have people not of the culture, that does not give 2 F#$% about sneakers and is just there to manipulate the market and Drive up prices. These are the consequences.

0:02 can confirm thats the entire stockx authentication process

If StockX became the main "retailler" for certain limited sneakers then basically only the rich are gonna be able to cop them, that's what hes saying when he says "let the market decide" basically "the more excess money you have to spend then you will get every sneaker you want" absolute BS ! Let retail selling stay as it is because that way anyone and everyone has a chance of copping!!

What you mean get rid of the retail price ? That’s rich talking bozo !!!

You forgot to mention they also sell peoples account information!

Get 2FA and actually competent Customer Support

When fakes have the same quality as reals, what are differences?

All my respect goes to those girls that sold 250k just on IG

Some Asian resell platforms only charge less than 2% seller fee but Stockx is charging 9.5% + 3%. This is how they built a BILLION Dollar empire.

14:00 Linus Hypebeast.

I've had good and bad experiences with StockX; the worse recently was paying for a collab shoe but the seller didn't include all the accessories with the shoe and StockX told me that's okay when buying from them, wtf

It’s crazy how smart these ads are now South Park really nailed it like 4 years early

instagram ruined the sneaker culture and made it lame, everybody is a "sneakerhead" now

Gave me fake shoes and then told me to resale them back to them for less money

This a paid sponsorship Stockx has fake shoes it’s all about GOAT APP

StockX is pretty cool. It’s like you buy a share (Sneaker) then sell it later when the share price increases

This is a brilliant idea that only he could have thought of... It's not a random idea

Who tf is gonna put a shoe up to they nose and smell it and just be like: “sorry man, these ain’t legit, I can smell it”

I’m so thrilled that these Detroit based companies are getting some recognition 😉

Amazing video as always! Keep ‘em coming 😬👍🏾

Billion dollars and they can’t add 2fa

StockX is like the Grand Exchange in Runescape.

I purchased a pair from stockx and it was missing the vintage card, the box was broken in two spots and the papers inside were ripped up. I paid $320 for the shoes and was not impressed with what I received. Stockx said it passed their authentication process and would not do anything. I was at least expecting a discount or for them to send me the missing card. I will never buy from Stinkx again.

I've seen someone buy a fake sneaker from Stockx......but shockingly enough, the person found out about it 2 years after they bought them. So he sent them back and got a FULL refund for a Fake Sneaker that was sold to him 2 years ago!!! Most companies would never even consider doing that, especially after such a long period of time. That just goes to show you serious they take authenticity.

In the sneaker/reselling community, StockX is known for knocking down prices of certain shoes and having huge unnecessary fees, especially for European sellers/buyers. They also have terrible customer service

Been using StockX for some time and while I like the platform, I have concerns. They have some serious privacy issues, selling fakes, data tracking issues, and transparency issues. Not too long ago, everybody's data was compromised. What was wrong with that was they took DAYS to notify everyone even though we all knew what was going on. And they didn't really say what they're going to do about it. When you look at how they verify sneakers, some of them take less than a minute authenticating them which is concerning. And that leads to fakes. 2nd, I look at the sales chart on the app and website which gives you the price and date of the transactions, it isn't accurate most of the time. How could I have the lowest ask at the time but then a sneaker gets sold for more than my ask? Also, it's supposed to be in chronological order so why am I seeing today's date then Nov 1, 2019 then today's date again? Makes no sense. Why I'm complaining is because this is a BILLION dollar company and I feel that these issues can EASILY be resolved

Scott Cutler would be taking over as CEO. Cutler was formerly a Senior Vice President for the Americas at eBay. Prior to that, he was president of StubHub, and was an executive vice president at the New York Stock Exchang

Reason number 1 they take 20% in fees

Why would you spend over $100 for shoes?

How much you wanna bet they’re tryna act sophisticated in the video but when they’re not being filmed they spend about 10 seconds on each shoe

0:04 if that’s how they verify shoes I’m thinking twice about buying from stockx

stockx ad ends at 15:30

I don’t use stock x that much anymore they only sell your dead stock sneakers. goat app let’s you sell both used and dead stock shoes

Stock x needs to improve the buyers experience. I've ordered from there before and I've received shoes that were missing tissue paper from inside the box or had flaws not listed. If a shoe is marked dead stock it should come everything as if it was bought in store.

All jokes aside, this is idea is amazing. Genius!

great information, thanks

There are many accounts that have been hacked in stockx, there has been many people that have tried to also contact stockx but they just don't do anything! Till this day there were at least more than 6.8 million accounts that have been banned. There has also been reports of many sneakers being sold fake. So next time you think of buying from stockx be aware of this.

says wants to take away retail price but no one would be able to sell on there anymore

StockX sells high quality replicas

I really hope this thing will not go bigger... A pair of shoes that goes for 1k just because some random rich kids are willing to spend that money for some shoes that should cost 100 bucks, It's like rich people deciding the price of bread for the poor

Excellent video! Very insightful about this company.

People be like “stockx be giving out fakes” like bruh no duh, they humans they are going to make mistakes.

I almost sent my Kawhi shoes here but the fees are just too much. Ebay is better as long as still have all the proofs.

how do you determine which product is fake and which is real? It seems like an impossible task to shift through thousands of pieces.

Can’t wait for it to go public

I’m just here for the comments and most of u passing the vibe check

“Smells good! Ready to go.” I’m concerned now....

dude is baked

"Smells good, ready to go" He said it in the very begining...

Yes StockX is killing the Reselling Market.

So their goal was to eliminate the resell game and let them be the ones who make the price and sell direct.

i will never buy or sell anything off stockX, they're know to be cheeky

Sneakers are to Stockx, what Gas and Cigarettes are to Convenient Stores lol

Bruh they practically take a minimum 15% cut, that's ludicrous

It makes it hard for real sneaker heads that actually wear there purchases to get what they want, however for the reseller it’s a dream. It has pluses and minuses depending on which side of the fence your on buyer or seller🤷🏽‍♂️

Love this and such a great look behind the scenes of the business side of StockX.

it’s cause their freaking shipping and processing price is really high. It makes a fifteen dollar shirt 33 dollars

Wow, i use this all the time to buy and resell.

Very interesting and insightful.

They sell alot of fake shoes. Imagine their other products like handbags and other stuff. I bet they pump so much fake stuff off their site

They inherited all the shoes??!! Wow 🔥🔥🔥

Can somebody please explain why people would pay 600 bucks for sneakers?

I've tried contacting StockX, but no response. I'd like to inquire about their "PayPal 3% Seller" fee. Why do they charge a 3% fee on the sale price and not the price after they subtract their 9% fees? I hope all sellers have noticed this and that this is not just being glossed over.

StockX needs to get 2FA

For those sneakers heads, you better wear those super over priced shoes you paid for or else life will pass you by 💯😂😭

That statement about releasing the sneaker directly to them and "let the people determine the price" had to be on e of the most self serving statements I've ever heard in my life!!! Release it to them and it'll always be higher than retail SMH!!!

Cashing in on those hype beasts

This aged like milk 🥛

Still no 2fa and customer service sucks.

Therealreal:Have returns if u get a fake StockX:Here is a 20 dollar gift card

If I want some real Jordan’s I’m going to get them off of stadium goods I just don’t trust stockx for Jordan’s

Why does this news report sound like an ad? Why not report about the lack of authentication and security issues?

did she mean barrio and not burro? had me laughing talking about new york donkeys

The word deadstock has existed long before stockx

Waiting for when this bubble burst up and these shoe prices drop massively.

that's really smart. bc i've bought few things that was fake on ebay. it's really fraustrating, especially if you never saw the authentic one and have no real reference if the item you received is real or not. I don't want to spend hours and hours for the mp and like they say, "Authentic" ones. I'm willing to pay money for time saved.

Everyone saying StockX is bad as if eBay has a better way to verify shoes or get a good price

GOAT is way better than stockX. A lot of people can attest to that..

Does anyone else feel like ads are getting longer?

Gosh I have so many shoes. I should have thought of this. Dammit