Eddy Lu's guest appearances

Eddy Lu

Office Hours with Spencer Rascoff

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

This Is Success

Inc. Founders Project with Alexa von Tobel 

Point Forward

Max Levchin

Marc Lore

Amol Deshpande

Daniel Gross

Marc Benioff

Sheryl Sandberg

Jason Brown

Scott Belsky

Howie Liu

Marcelo Claure

Aaron Levie

David Barrett

David Velez

Steve Case

Mathilde Collin

OwlTail

Eddy Lu, CEO of GOAT, explains his pivot from a restaurant meet-up app, the ups and downs of working with his co-founder, and how insight into the sneaker vertical on eBay helped build the start-up into what it is today. This episode was originally released in February of 2011. 

Eddy Lu, CEO of GOAT, explains his pivot from a restaurant meet-up app, the ups and downs of working with his co-founder, and how insight into the sneaker vertical on eBay helped build the start-up into what it is today. This episode was originally released in February of 2011.

From the Vault: How Eddy Lu and his Co-founder Built The GOAT App Based on a Love of Vintage Air Jordans

Should the NBA change the 82-game schedule? This week, Andre &amp; Evan kick off the show with a debate about load management and NBA tradition (1:00), leading to an honest evaluation of the newly released Christmas Day NBA schedule (10:56). After sharing their wishlist last week they get to see how close dreams came to reality. Later, Hall of Fames is the topic of conversation as Deion Sanders critiques the NFL's HOF as being a "free for all" which begs the question, are Hall of Fames too generous with their inductees these days? (18:14). In our Guns &amp; Butter segment, Andre breaks down the difference between Bitcoin and Ethereum giving a deep dive for fans and new investors (32:18). Finally sneaker exchange company GOAT Founder Eddy Lu joins the show to give fans a truly honest depiction of the journey from start-up to a thriving business. Going from being a software engineer for the finance industry to deciding to work for himself developing iPhone apps and building a company designed to answer the frustration experienced when purchasing a pair of fake Jordan 5 grapes, Eddy covers it all. From expanding his business to acquiring the brick-and-mortar sneaker haven Flight club and potentially going public, this conversation is one you can afford to miss. (37:14) Learn more about your ad choices. Visit megaphone.fm/adchoices

Should the NBA change the 82-game schedule? This week, Andre &amp; Evan kick off the show with a debate about load management and NBA tradition (1:00), leading to an honest evaluation of the newly released Christmas Day NBA schedule (10:56). After sharing their wishlist last week they get to see how close dreams came to reality. Later, Hall of Fames is the topic of conversation as Deion Sanders critiques the NFL's HOF as being a "free for all" which begs the question, are Hall of Fames too generous with their inductees these days? (18:14). In our Guns &amp; Butter segment, Andre breaks down the difference between Bitcoin and Ethereum giving a deep dive for fans and new investors (32:18). Finally sneaker exchange company GOAT Founder Eddy Lu joins the show to give fans a truly honest depiction of the journey from start-up to a thriving business. Going from being a software engineer for the finance industry to deciding to work for himself developing iPhone apps and building a company designed to answer the frustration experienced when purchasing a pair of fake Jordan 5 grapes, Eddy covers it all. From expanding his business to acquiring the brick-and-mortar sneaker haven Flight club and potentially going public, this conversation is one you can afford to miss. (37:14) Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices" rel="nofollow" target="_blank">megaphone.fm/adchoices</a>

It's Gotta be the Shoes (feat. GOAT Founder Eddy Lu)

There's something about sneakers. It's one of those rare product categories that can get people to line up around the block. GOAT has made a huge dent in the sneaker scene, building a managed marketplace that currently lists over 1 million sneakers. Eddy shares how GOAT authenticates the product moving across their platform, how he thinks about online vs. retail sales, and what it was like to acquire a sneaker pioneer as a new upstart.

There's something about sneakers. It's one of those rare product categories that can get people to line up around the block. GOAT has made a huge dent in the sneaker scene, building a managed marketplace that currently lists over 1 million sneakers. Eddy shares how GOAT authenticates the product moving across their platform, how he thinks about online vs. retail sales, and what it was like to acquire a sneaker pioneer as a new upstart.

How to Build Trust with Consumers, with Eddy Lu of GOAT

Eddy Lu is the Co-Founder &amp; CEO @ GOAT, the largest marketplace in the world for buying and selling authentic sneakers. To date, GOAT have raised over $97m in VC funding from some of the best in the business including Accel, Index, Upfront and include angel investments from Elad Gil, Ashton Kutcher and Alexis Ohanian. Prior to GOAT, Eddy enjoyed numerous different roles including founding a chain of Japanese dessert stores building a slew of different 99c apps and started on Wall St with Lehmann Brothers and Deloitte. In Today’s Episode You Will Learn: 1.) How Eddy made his way from Wall St to making 99c apps to creating a chain of Japanese desert stores to founding the world's largest sneaker marketplace in GOAT? 2.) Pivoting from social dining to sneaker marketplace, how does Eddy determine between mission and passion for the vision vs when something is simply not working? What core metrics made Eddy realise this pivot was needed? How did Eddy communicate the pivot to the existing investor base? How did he get them on board for the next chapter? 3.) Over the years, GOAT has had many investors wanting to invest, how does Eddy approach investor selection? What advice does Eddy have on optimising for valuation and the terms that founders should really focus on? What have been the biggest lessons from having former Twitter COO, Adam Bain on the GOAT board? 4.) Does Eddy agree with Paul at Canvas that marketplace founders should give up if they do not have differentiated supply? What does Eddy believe is the core characteristic of the most successful marketplaces? To what extent does Eddy believe that early marketplaces must rely on existing distribution and offline activities to scale? 5.) Eddy took the decision to merge with Flight Club, what was behind the decision to open up the business to physical retail? Why does Eddy believe that physical retail does not affect the margin structure massively when compared to it's online counterpart? How does Eddy assess the categories that make sense for physical retail between those that do not? Items Mentioned In Today’s Show: Eddy’s Fave Book: Crime and Punishment  As always you can follow Harry, The Twenty Minute VC and Eddy on Twitter here! Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC. Are you told your standards are too high, well The League is the app that tells you to keep them that way, they know your time is valuable so simply tell them your preferences and they will handle the scouting and vetting for you. Plus even better, your profile will only ever be seen by people who match your preferences, matches expire after 21 days and so there are no drawn-out games and they even require LinkedIn to protect your privacy and block you from matching with co-workers and business connections. You can apply now by downloading The League on the app store or heading to The League.com Zoom is the fastest-growing video and web conferencing service, providing one consistent enterprise experience that allows you to engage in an a variety of activities including video meetings and webinars, collaboration-enabled conference rooms, and persistent chat all in one platform. Plus, it is the easiest solution to manage, scale, and use, and has the most straightforward, affordable pricing. And you can see for yourself! Sign up for a free account (not a trial!). Just visit Zoom.us. Culture Amp is the platform that makes it easy to collect, understand and act on employee feedback. From onboarding surveys to company-wide engagement, individual effectiveness and more, the platform manages multiple sources of feedback and connects the dots for you and that is why companies like Slack, Nike, Oracle and Lyft all trust Culture Amp. It enables leaders to make better decisions, demonstrate impact and turn your company culture into a competitive edge.  Find out more on cultureamp.com.

<a href="https://twitter.com/eddylu" rel="nofollow" target="_blank">Eddy Lu</a> is the Co-Founder &amp; CEO @ <a href="https://www.goat.com/" rel="nofollow" target="_blank">GOAT</a>, the largest marketplace in the world for buying and selling authentic sneakers. To date, GOAT have raised over $97m in VC funding from some of the best in the business including Accel, Index, Upfront and include angel investments from Elad Gil, Ashton Kutcher and Alexis Ohanian. Prior to GOAT, Eddy enjoyed numerous different roles including founding a chain of Japanese dessert stores building a slew of different 99c apps and started on Wall St with Lehmann Brothers and Deloitte. In Today’s Episode You Will Learn: 1.) How Eddy made his way from Wall St to making 99c apps to creating a chain of Japanese desert stores to founding the world's largest sneaker marketplace in GOAT? 2.) Pivoting from social dining to sneaker marketplace, how does Eddy determine between mission and passion for the vision vs when something is simply not working? What core metrics made Eddy realise this pivot was needed? How did Eddy communicate the pivot to the existing investor base? How did he get them on board for the next chapter? 3.) Over the years, GOAT has had many investors wanting to invest, how does Eddy approach investor selection? What advice does Eddy have on optimising for valuation and the terms that founders should really focus on? What have been the biggest lessons from having former Twitter COO, Adam Bain on the GOAT board? 4.) Does Eddy agree with Paul at Canvas that marketplace founders should give up if they do not have differentiated supply? What does Eddy believe is the core characteristic of the most successful marketplaces? To what extent does Eddy believe that early marketplaces must rely on existing distribution and offline activities to scale? 5.) Eddy took the decision to merge with Flight Club, what was behind the decision to open up the business to physical retail? Why does Eddy believe that physical retail does not affect the margin structure massively when compared to it's online counterpart? How does Eddy assess the categories that make sense for physical retail between those that do not? Items Mentioned In Today’s Show: Eddy’s Fave Book: <a href="https://amzn.to/2mvp43F" rel="nofollow" target="_blank">Crime and Punishment</a> As always you can follow <a href="https://twitter.com/HarryStebbings" rel="nofollow" target="_blank">Harry</a>, <a href="https://twitter.com/twentyminutevc" rel="nofollow" target="_blank">The Twenty Minute VC</a> and <a href="https://twitter.com/eddylu" rel="nofollow" target="_blank">Eddy</a> on Twitter here! <a href="https://www.instagram.com/hstebbings1996/?hl=en" rel="nofollow" target="_blank">Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.</a> Are you told your standards are too high, well <a href="https://www.theleague.com/" rel="nofollow" target="_blank">The League</a> is the app that tells you to keep them that way, they know your time is valuable so simply tell them your preferences and they will handle the scouting and vetting for you. Plus even better, your profile will only ever be seen by people who match your preferences, matches expire after 21 days and so there are no drawn-out games and they even require LinkedIn to protect your privacy and block you from matching with co-workers and business connections. You can apply now by downloading The League on the app store or heading to <a href="https://www.theleague.com/" rel="nofollow" target="_blank">The League.com</a> <a href="https://zoom.us/" rel="nofollow" target="_blank">Zoom</a> is the fastest-growing video and web conferencing service, providing one consistent enterprise experience that allows you to engage in an a variety of activities including video meetings and webinars, collaboration-enabled conference rooms, and persistent chat all in one platform. Plus, it is the easiest solution to manage, scale, and use, and has the most straightforward, affordable pricing. And you can see for yourself! Sign up for a free account (not a trial!). Just visit <a href="https://zoom.us/" rel="nofollow" target="_blank">Zoom.us</a>. Culture Amp is the platform that makes it easy to collect, understand and act on employee feedback. From onboarding surveys to company-wide engagement, individual effectiveness and more, the platform manages multiple sources of feedback and connects the dots for you and that is why companies like Slack, Nike, Oracle and Lyft all trust Culture Amp. It enables leaders to make better decisions, demonstrate impact and turn your company culture into a competitive edge.  Find out more on <a href="http://cultureamp.com/" rel="nofollow" target="_blank">cultureamp.com</a>.

20VC: GOAT's Eddy Lu on Pivoting From Failing Social Dining App To The World's Largest Sneaker Marketplace, How The Best Founders Pick Their Investors & Why It Is Better To Be Hated than Unknown

For more than a decade, Eddy Lu tried to find the next big thing. Golf apparel, 99-cent smartphone apps, Japanese desserts — they all flopped, but he wasn’t headed back to the Wall Street world he left. Then he got into high-end sneakers, with an online marketplace called GOAT— as in “greatest of all time,” like they say in sports and rap. Today GOAT is the world’s biggest sneaker resale market. It has over $100 million in funding, seven million users, more than 300 employees, and 400,000 pairs of sneakers for sale.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

For more than a decade, Eddy Lu tried to find the next big thing. Golf apparel, 99-cent smartphone apps, Japanese desserts — they all flopped, but he wasn’t headed back to the Wall Street world he left. Then he got into high-end sneakers, with an online marketplace called GOAT— as in “greatest of all time,” like they say in sports and rap. Today GOAT is the world’s biggest sneaker resale market. It has over $100 million in funding, seven million users, more than 300 employees, and 400,000 pairs of sneakers for sale. See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.