GOAT and Flight Club. Two behemoths of the sneaker resell industry. One an old standby with a heavy physical retail presence, one a new-jack online only peer to peer marketplace. Both boast a devoted following, a high degree of name recognition in their market, and a massive amount of incredible sneakers for purchase, and now the two are combining into one colossal company.
That’s correct: GOAT and Flight Club are joining forces to create the single largest aftermarket sneaker empire in the world … and GOAT, not Flight Club will be the overarching parent company after raising $60 million dollars in capital (and a whopping $250 million dollar valuation) from venture capital firm Infunding.