StockX CEO Scott Cutler on Fakes, Nike's Lawsuit, and Rejecting Shoes

StockX CEO Scott Cutler on Fakes, Nike's Lawsuit, and Rejecting Shoes | The Complex Sneakers Podcast

Рет қаралды 127,434

Күн бұрын

The Complex Sneakers Podcast is co-hosted by Joe La Puma, Brendan Dunne, and Matt Welty. This week they’re joined by StockX CEO Scott Cutler who discusses how he first got into sneakers, goes into detail on StockX’s authentication process and gives his thoughts on the current lawsuit between Nike and StockX. Also, the cohosts discuss if the Tiffany & Co x Nike Air Force 1 will make the top 10 sneakers of 2023, and Welty preaches well-rounded athleticism for any dire life situation.
EPISODE CHAPTERS / TIMESTAMPS:
00:00 - 20:42: Intros, Tiffany & Co x Nike Air Force 1 Release, The Value of Pull-Ups, When To Retire Your Shoes
20:43 - 37:26: Scott Cutler Joins CSP, What’s on Feet?, Scott’s Journey from StubHub to StockX
37:27 - 53:59: Scott on Leading StockX’s Growth, StockX's Authentication Process, StockX's Standards
54:00 - 1:10:08: Nike’s StockX Lawsuit, Managing a Marketplace, StockX Partnering With Brands
1:10:09 - 1:31:55: StockX Retail Competitors, Rejecting Fakes, Backdooring Product, Outro
SOLE COLLECTOR APP SKU'S:
Tiffany & Co. x Nike Air Force 1 Low "1837": dz1382 001
DJ Khaled x Air Jordan 5 "Crimson Bliss": dv4982 641
Nike LeBron 10 EXT "Cork": 580890 200
Tom Sachs x NikeCraft Mars Yard 2.0: aa2261 100
Adidas Top Ten Hi: d65161
Air Jordan 11 "Cherry": ct8012 116
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Пікірлер: 351

@Complex Жыл бұрын

What’s the last sneaker you resold?

@El3ctroclash Жыл бұрын

Tiffany AF-1. Hit it on snkrs lol. Sold it and ordered another SB grail

@djswany85 Жыл бұрын

Salehe 990v2

@kiko0426 Жыл бұрын

Travis reverse mocha

@topnotch710 Жыл бұрын

Salehe crocs

@Checkz_over_Stripez Жыл бұрын

Big Red Boot 900 smackaroos

@Brandon-ft3cs Жыл бұрын

I want to see a new updated episode of Joe's shoe collection

@thomnguyen2156 Жыл бұрын

If you want big wig/corporate jargon that answers questions w/o actually answering anything, then this is the ep for you. Kinda weak ngl on the part of the crew to not ask questions like why StockX removed the authenticity guarantee on the site/app and why a refund for a shoe that is found to be fake that they sold is like pullin teeth?

@irunAMOK- Жыл бұрын

Yeah, listening to this guy talk is like watching a Nascar race.

@Tealtown408 Жыл бұрын

Yeah bro should have been a politician

@flyingirish31 Жыл бұрын

Absolutely disgusting interview and what a scumbag CEO

@SneakCleaners519 Жыл бұрын

Couldn’t agree more

@SneakCleaners519 Жыл бұрын

They let him off the hook. They don’t refund anything they tell you to resell on the platform. Plain and simple

@nevereasy9501 Жыл бұрын

I’ve seen just about every episode and I gotta tell ya ain’t nobody NOBODY better versed in big word corporate bs talk than this guy. I been lied to by wealthy old men before and it sounded a whole lot like this 😂

@GuavaConQueso Жыл бұрын

Welty has asked 4 or 5 questions that he had to further specify because this guy gives the same answer no matter what.

@nevereasy9501 Жыл бұрын

He also resigned today 🫠🤡

@mauricioreal7384 Жыл бұрын

@@nevereasy9501 LOL

@jlmunny Жыл бұрын

Way too much corporate talk

@BookerT69 Жыл бұрын

They didn’t pay you after your 👄 services ?

@sneakerdad8324 Жыл бұрын

Scott Cutler = A1 politician

@nwat3348 Жыл бұрын

12:30 Love Joe's take... WEAR YOUR SHOES.....if they fall apart... they fall apart

@sevendaysin8374 Жыл бұрын

Welty comin' correct on # of shoes owned vs one's sense of identification as a sneakerhead! His point really hit home for me, as someone who just recently hit Dunbar's number on my current collection - split between Nike/Adidas/NB/Crocs - and I'm happy w/ a lot of it. I've definitely seen my mentality change about it how much to focus on the game vs before. The shift is real and it feels like a relief for me in a sense, too.

@kevincollins8620 Жыл бұрын

Welty was trying to go somewhere with his point, but some go crazy and wear the shoes beyond simply collecting and looking at em, and have a wide appreciation for dozens of different types of sneakers and again HAVE to put em on with something interesting. The collector he's discussing is almost mythical. We always go too crazy.

@rayrawket Жыл бұрын

He really sat and that chair and tried to dance around the tough questions was weak on his part. From all he said didn’t make me have any trust for stock x but instead showed that what the people and Nike had been saying was accurate

@flyingirish31 Жыл бұрын

Yup. Dude reaks of lies.

@desmondcheung5117 Жыл бұрын

As much as I was hoping for some juicy bits, I guess this was always about as much as we were ever going to get from 1) An active employee of a company, 2) the CEO of said company (and not a younger and less media trained person), and most importantly 3) someone who's company is currently in litigation with one of the most important counter-parties to their business. I am frankly surprised the StockX legal team allowed this. I think a follow up interview once they are done with their litigation is a must And whilst I agree that the tough questions were put to Scott, I would've loved to have seen a few tough follow ups to really press for an answer and not just the corporate speak we got. Great show as always

@beachparking3967 4 ай бұрын

9ey

@wassshisname Жыл бұрын

I liked that GMM reference @ 1:03 😂😂

@lewisbrown6199 Жыл бұрын

My days boys... Killing it atm. Love the hustle

@stephstepha100 Жыл бұрын

He is the one guest in which I learned absolutely nothing.

@operator2549 Жыл бұрын

So you leaned a whole bunch from Action Bronson? 😅 but I guess that was Full Size Run, not exactly this show.

@taureangraves122 Жыл бұрын

😂😂😂

@matthewschuster5414 Жыл бұрын

Facts😂. I was excited af for this episode but it was a complete letdown

@Kai1995__ Жыл бұрын

Loll bro really answered very few questions

@ripcity503 Жыл бұрын

He said so much without saying anything at all…sadly a skill of all great CEO’s.

@user-qt6gs8np7e Жыл бұрын

I appreciate the guys from FSR for providing the 🔥 Puma was 🐈 Great Convo.

@Checkz_over_Stripez Жыл бұрын

Can we get a Joe Puma Collection video already?!?!?!?

@alirahman4822 Жыл бұрын

From Astor Chambers to this, is CRAZY. 😭

@NotKurt7 Жыл бұрын

Weltys face when the guest was speaking 😂 “here we go with more corporate lingo…”

@ericlonzo2247 Жыл бұрын

What up guys . Always good whenever y'all are online. Also great news and topics keeping ears to the streets.

@thebros8157 Жыл бұрын

Matt makes a valid point in sneaker collecting and how your views change over time. I'm currently at that point where I don't want all these new retros from Jordan, and believe the quality isn't there like they were in the 00's and SOME from 10's so it makes me feel forced to seek out sneakers that dropped nearly 2-3 decades ago.

@BookerT69 Жыл бұрын

Yeah they aren’t made to hoop in like the 2000’s now they are just shells of themselves

@guccimane3731 Жыл бұрын

I feel you. I’ve been just hunting for older retros and OG’s. They’re made better. Just a little sole swap from a good surgeon and you’re back in the 00’s. I just got a 04 pair of French blue 12’s Vnds still wearable and no separation. They stomp the 2016 retro of that model.

@doodlebug4339 Жыл бұрын

Those Action Bronson NB's give me Stray Rats vibes.

@3d1k3 Жыл бұрын

Facts. I think it’s coincidental but I had both pairs of the stray rats and I sold the lime green pair because I knew I was going for the Bronson and didn’t need both

@zachkarbowski5600 Жыл бұрын

I do agree with grabbing things just to say you have them in your collection. I grabbed a couple limited roshes I missed out on back in the day, trying to find in 11.5 to 13. I’ll even take good used pairs, knowing I can clean them up. Collecting is different for everyone

@ethan-se6yq Жыл бұрын

I thought I was crazy for thinking bout grabbing a pair of old roshes. I was looking at the sunset pair

@B_Y22 Жыл бұрын

Why do you need an nft to put a sneaker in storage? GOAT seems to be doing it with just a username and password.

@hectormarquezjr18 Жыл бұрын

The Tiffany AF1 will definitely be a top 3 choice for sneaker of the year of the panel

@airtec87 9 ай бұрын

ZzZZZz

@tomrobinson2410 Жыл бұрын

It would be cool to see each of u guys sneaker collections.

@tonyankers2099 Жыл бұрын

Man you guys are getting soft. This guy would make a great politician because he’s full of BS. Anybody who’s ever had to deal with StockX knows it’s a complete nightmare if you ever wanna return something or feel something is off. 9 times out of 10 you can’t even get anybody to write you back for it takes weeks to even get a response or they just delete your account. I feel like you guys could’ve done better with some tougher questions. Y’all went harder on the guy from mischief and this is a major platform that a lot of people rely on not only for pricing but to buy and sell sneakers. This guy has a lot of questions that need to be answered and you brushed up against them but only stuck to the lawsuit with Nike. That’s not even the real issue with StockX it’s everything else and I may be the only one but I feel not guaranteeing authenticity anymore just puts them completely off the map for me.

@Freeskiingisdabest Жыл бұрын

Thank you. Obviously the guys from Complex are great but they should have been way tougher on Cutler..

@tonyankers2099 Жыл бұрын

@@Freeskiingisdabest definitely, I watch all the complex stuff and I think they just want to stay neutral from here. Was expecting a little more harder questions but can understand why they didn’t. They won’t get good top level sneaker executives if they know they will get grilled when on the show. The guy from Stock X could have done a better job at admitting their past faults and explained how the company grew from them but he didn’t admit there is anything wrong with Stock X and acted like none of that stuff happens. I was blown away when he was talking about the guarantee of authenticity not being there anymore. Like what??? Your just gonna breeze right over that one like it’s no big deal. Of course your process hasn’t changed and that’s why you can’t guarantee it anymore.

@DJMcIntosh93 Жыл бұрын

A JLP sneaker collection video would probably break the internet

@Jaleelsou_ Жыл бұрын

Or maybe it wouldn’t and that’s why he hasn’t done it

@topnotch710 Жыл бұрын

I don’t usually agree with Welty, but he’s right. Being in condition to run long distance isn’t a good barometer of how fit you are. And I love running too

@zuentastic Жыл бұрын

JLP with the Patta Wave beard i like it

@jooeey8967 Жыл бұрын

Y’all went easy af on him. You needed to ask him the hard questions 🙄😩😭

@wassshisname Жыл бұрын

Already a minute in and my favorite podcast just referenced my favorite YT show (GMM)

@briannewson8395 Жыл бұрын

Mr Dunne wearing the 2011’s for the win! I am going to pull mine out. Paint chipping and all!

@BookerT69 Жыл бұрын

Walked right in the store and bought them no line a week after they came out in 2011 😂

@sagarg.-lg1yn Жыл бұрын

No doubt Scott is an incredibly successful corporate business head, clearly you can hear this when he speaks, however he is clearly more about customer experience, evolution of digitisation, faster payments…this ain’t a business studies podcast fam! We wanna know if you dudes are selling fake Jordans! Just say yea so we can all move on!

@topnotch710 Жыл бұрын

Well said🤝

@mangosteen. Жыл бұрын

Y'all want Scott to be just upfront and admit that there are fakes that pass through their platform, but reality is, he will NEVER admit to that. The moment he admits that is when StockX will come crashing down. Such news is detrimental to the company and the fact that he's a wallstreet guy for over 10 years, he knows how much any sort of recognition or acknowledgement of the issue can affect their company.

@402carkid9 Жыл бұрын

And talking about the pre release, he’s right about that. Usually the sneakers release overseas first. Now I have seen on stockx where the sell and buy button are greyed out because they haven’t been released in any country. I think they’re trying their best with what they have to deal with. And I think they’re idea of making the buyer the priority is the right thing to be honest. Probably the majority of sneaker customers (buyers or sellers) are non sneaker heads and just normal people looking for kicks. And they would expect a perfect pair. Btw I don’t buy on stockx unless I know it’s a pair they don’t have fakes of, otherwise I buy on eBay because they have amazing customer service. But I do sell on stockx because it’s the easiest to sell on for the most part.

@moeboom43 Жыл бұрын

Great insight

@jamesk9174 Жыл бұрын

He's so full of it. They give you a very small window to make it right and will only provide that service if you embarrass them publicly. All of these apps let fakes through.

@ktjacks1991 Жыл бұрын

🎯 2 separate occasions I emailed stockx for WEEKS w/o a response. I heard back immediately both times when I blasted them on Twitter. Ridiculous.

@nw6454 Жыл бұрын

Dudes straight lying. I’ve received a fake through them and was told to resell it back through them by customer service instead of just refunding me and shipping it back

@jss0844 Жыл бұрын

He’s obviously never gone through a dispute with StockX customer service before. You almost need a social media post to go viral to get anywhere with them

@thomaspayton_ Жыл бұрын

Loved the episode but He beat around the bush on so many questions.

@davidlakhter Жыл бұрын

very cool!

@theberryfx5986 Жыл бұрын

Sick vid

@Che1seabluesdrogba11 Жыл бұрын

What are some modest priced good running shoes though?

@tyleranderson7857 Жыл бұрын

I didn’t watch it yet. But I can’t wait to see Mathew James Jewel Anthony Welty fire this dude up. Giv’ em’ da hard-ones Welty!

@topnotch710 Жыл бұрын

That’s what I was looking forward to as well but it didn’t happen that way imo

@drewhenni2277 Жыл бұрын

Ryan actin like he gon get mobbed by fans on his vacation. 🤣🤣

@topnotch710 Жыл бұрын

Like dawg, get a grip. No one’s checking for you out the country😂

@Kilterlvr Жыл бұрын

Bro him and Welty are really big on themselves lol

@671oneblood Жыл бұрын

Whos Ryan?

@ohiorichkidbeats Жыл бұрын

@@671oneblood right, who the f*** Is ryan?🤷🤣

@HashPhantom Жыл бұрын

Ryan Dunne, isn’t that a baseball player? 😂

@lordrex71 Жыл бұрын

I will say, i've brought on 2 separate occasions dunks from stockX that had totally trashed boxes. I think the shoes were legit, but the boxes were rough

@topcat365 Жыл бұрын

A legitimate concern, however, it's up to stockx to pack em right and use the H taping/boxing method before shipping. Third-world countries use this method, yet stockx and many others still don't have a clue.

@theboy962 Жыл бұрын

This weeks guest, “The Process”

@fjgomez87 Жыл бұрын

They should've asked him who won the last $1 raffle lol

@flamingunicorn8003 Жыл бұрын

This is what happens when you let a numbers guy run a company that knows nothing of the product his company sells

@flamingunicorn8003 Жыл бұрын

@Vindaloo those rumors have been out for a while, but I agree with you. If they are able to successfully fight off nikes law suit I wouldn't be surprised within a year of that they release intent for an ipo

@flamingunicorn8003 Жыл бұрын

@Vindaloo no arguement there my friend

@_KMAC_ Жыл бұрын

Scott Cutler. Gotta lot of questions for this guy.

@FillUp703 Жыл бұрын

You think Welty is Mr. Olympia from the way he talks about fitness.

@arimaslit Жыл бұрын

19:33 i agree w welty here

@topcat365 Жыл бұрын

Stockx is purposely failing authentications to "show" their tough on it. However, they're failing legitimate pairs of Yeezy Foam Runners that come from Adidas, while making 15% profit just in purposely failing authentication.

@J-J-J-J-J-J-J-J-J-J-J Жыл бұрын

Welty turning into a stereotypical CrossFit guy 😂

@onthemyktvmike923 Жыл бұрын

Wealty dropping gems !

@renatorodrigues5016 Жыл бұрын

Definitely not buying from StockX .

@josephsaddler-qj4wv Жыл бұрын

Welty just proved why nfts for shoes will be a thing! Listen to 15:49 -15:59.

@LgndaryJ Жыл бұрын

One of the better interviews forsure

@hydro9652 Жыл бұрын

Not Matt Welty doing the CrossFit pull ups🤣🤣

@maxdeez35boys 6 ай бұрын

Im not a huge Jordan 1 fan cause I'm a solid color guy. 2 tone cool but 4s, 5s, 6s and 11s is my go to. Its a toss up between the Metallic 5s and the Bred 4s for my grail. Favorite 1 is the OG Royal fa sho and Bred 1 #2

@hydro9652 Жыл бұрын

By far my favorite podcast. Love this

@BookerT69 Жыл бұрын

You must not listen to this pod then.

@solomel8411 Жыл бұрын

thats why you wear your shows!!! they wont fall apart. wear it once or twice a mounth and it wont fall apart.

@El3ctroclash Жыл бұрын

I stopped buying Air Max's. Breaks my heart to see my Atmos, Safari's and OG red fall apart. I just collect old sbs and dunks these days and wear them and don't care anymore.

@GingerVisionHouse Жыл бұрын

This may be the first time the guest held back the episode. Still a great show, but Mr. Cutler offered the bare minimum, which is the polar opposite of the greatness Astor Chambers delivered, who has the best installment of the program to date. Of course, my opinion.

@damienjeremyweir4543 Жыл бұрын

Action Bronsons NB look pretty dope with La Pumas fit

@jay5ive883 Жыл бұрын

Welty said it best the person with the 8 pairs don’t get u hype beats everything come on what u know or u jus going with the flow

@shivrajendran1086 Жыл бұрын

what are the shoes pictured in the thumbnail?

@dagwoodchat6350 Жыл бұрын

I tried to buy a pair of jordan 1 low from them and was rejected, because the seller was rejected and there was no other seller.

@jlmunny Жыл бұрын

the use of the word O.G. 😂

@angelopistone9199 Жыл бұрын

Ive bought like 10 shoes from stock x and never had an issue…. All solid

@Junyar Жыл бұрын

I’ve bought 14 shoes from stockx…all solid except for 2 of my recent purchases. 📉

@juno4433 Жыл бұрын

There is no sneaker culture. It's a community. Questions to Scott could have been better. Nothing about this made me trust StockX more. I purchased a "Deadstock" pair of 09 Bron Cavs colourway, and they were worn! A scuff on the heal and a wear marks on the back sole.

@JeffandGiz Жыл бұрын

Ryan Reynolds' dad runs StockX?

@maricuchisdelafuente Жыл бұрын

A súper Welty is need it to take care of the apartment building ❤

@georgewilliams3954 Жыл бұрын

I used to get 30+ a year im down to about 5-10 a year last year all I got was lost n founds orange lobsters n like 3 pairs of dunks i have def slowed down on buying shoes

@brendancag Жыл бұрын

Has anyone ever ordered from StockX and had their order process twice? I got billed two times for WC3… not sure what happened.

@HARRISON51274 Жыл бұрын

Dayum. Brendan grilling him like he got a pair of fake shoe..😂😂😂

@samreynolds6007 Жыл бұрын

The cherry 11’s was the big release last year😭 thought he was gonna say lost and founds

@smsrepper1 Жыл бұрын

Is this an interview or an interrogation?

@mauricioreal7384 Жыл бұрын

😂😂😂

@1500Blxk Жыл бұрын

Why do these OG authenticaters let stock x list shoes that don’t even exist lol I don’t get it’s some shoes that weren’t made a certain size are listed on this site 😂 Y’all needa do your own research at the end of the day fam ‘

@jaemccaskill1422 Жыл бұрын

Love how JLP snuck in “10 new ones a year”(then whispers 25-50 grails) 😂😂😂😂

@402carkid9 Жыл бұрын

Also if you want to know if a stockx tag is real use a black light. You will see the X on the back QR code light up. Fake ones don’t have the X glow it’s just a fake hologram of an X.

@M3GAMAN3 Жыл бұрын

Welty with the ableist take - why not just be for people being active and moving their body?

@Glazerboohoohoo Жыл бұрын

Ty for asking him hard questions - did a solid job not answering fully but yall left nothing on the table.

@evanmacdonald240 Жыл бұрын

I have over 100 pairs and none of them are ds. I'll never get it.

@gabrieljordan7209 Жыл бұрын

So the eBay sponsorship ended after 2022 I guess ???

@WilliamQuilesJr Жыл бұрын

Can ya get Killa Cam on here? Dipset

@juliandivine Жыл бұрын

Welty was not entertained 😂

@davidsilva5321 Жыл бұрын

Is he ever?

@cardiffsupreme Жыл бұрын

Welty ❤️

@stephen-john1677 Жыл бұрын

Knowing the Tom Sachs situation now

@tippylosojos Жыл бұрын

Stocks NFT’s is like GOAT storage but worse

@Coolranchpapi Жыл бұрын

In other words switch to goat guys

@flyingirish31 Жыл бұрын

Yup

@BookerT69 Жыл бұрын

Goat is the best by far I’ve never had a problem with them

@Ryansortof Жыл бұрын

Cement 3's let's go

@icysolez23 Жыл бұрын

50:25 🧢🧢🧢

@TGODSpeaks Жыл бұрын

Tiffany and co shoe, is easily top10 nikes, idk about sneakers in general cause Jordan got that on lock, but yeah I don’t like Nike, but I would buy those, I just like jordans

@Grammyy Жыл бұрын

Put the tables in-between each of the chairs. This is a sneaker show we want to see shoes and outfits on wide shots not shadows blocked by tables. Creates a more open set not like a classroom 😂

@MFSHECKS Жыл бұрын

This is a podcast not a show, you want to see that go watch full size run

@sneakybloke Жыл бұрын

You want to see Welty’s clothes and shoes? The most swaggerless person to ever put on sneakers

@KINGOFBROOKLYN3 Жыл бұрын

I hear you but they do the shoe cam lol. We don’t gotta see the shoes the whole show to know what they are. It’s a podcast not a runway

@671oneblood Жыл бұрын

Be ready for that phone call to work for them now. It's coming any day 🤣😂😭

@christianocampo5461 Жыл бұрын

I agree with you, now all sneaker programs are about talking, talking and talking and only show pics, we like to see sneakers physically (Joe take some OG to the program) that would be interesting. No necessary has to be new releases. We want to see sneakers, the story, your opinion about the time they release, etc. Many things to do on sneaker content... Fashion and kicks are the key for better content... In my opinion the 3 hosts seems to be tired all episodes, more energy guys... Just saying... I think your the best podcastof sneakers around the world, its time to innovate, please think about it...

@erik_n. Жыл бұрын

La Puma about the snap his own leg😂 Compose ur self lol

@flyingirish31 Жыл бұрын

Rightfully so

@mloomis10 Жыл бұрын

Welty out of pocket talking about marathon runners. WHAT WOULD JESUS DO 🥴

@al3xaguirr3 Жыл бұрын

Thinking you could outclimb or outrun a tiger is hilarious. You were dead the moment that tiger saw you lol

@ivanperformance100 Жыл бұрын

17:45 F*** dude I feel this I have like 60 plus pairs of shoes and I feel that I need to stop but at the same time I want to resale and I want more or a hyped shoe comes and F**** it’s so hard

@MyCanonT2i Жыл бұрын

Those butterfly pullups need to be stopped

@shonkeymoulder6972 Жыл бұрын

At a glance, I thought that was Will Ferrell on the thumbnail

@ilovegodandjesusjohn316 Жыл бұрын

Ecclesiastes 1:18 For in much wisdom is much grief: and he that increaseth knowledge increaseth sorrow.

@justinvenegas1760 Жыл бұрын

Dunne: stop interrupting your guests Welty: stop giving monologues to introduce your questions. Ask the question and incorporate your monologue into follow-up questions