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The untold story of how StockX became a $2 8 billion company in just 5 years

StockX StockX raised $275 million in December that values the sneaker marketplace at $2.8 billion. Sources tell Insider that a public offering could happen as early as this year.  Cofounder Greg Schwartz describes the journey from zero to profits helped by billionaire Dan Gilbert. On a Friday evening in March, 2015, StockX cofounder and chief operating officer Greg Schwartz was faced with a life-altering decision. Stay in Detroit to build a new startup with billionaire investor Dan Gilbert. Or, sell his company and move to San Francisco. At the time, Schwartz was the co-founder of UpTo Inc., a social networking app that was funded by Gilbert s Detroit Venture Partners. After a few years of trying to scale the business, Schwartz was ready to call it quits when Gilbert called him to meet in person.

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