GOAT brings on Adam Bain to help expand internationally
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Los Angeles-based company GOAT just announced a new addition to their Board of Directors as of Thursday, June 22. The sneaker marketplace just brought on Adam Bain to help build out the company.
With Bain joining the board, the company plans to move towards expansion in the U.S. "As we look to expand operations on the East Coast and eventually internationally, we needed someone like Adam Bain," says Eddy Lu, co-founder and CEO of GOAT. "Adam helped scale Twitter into a massive public company and is credited with building its multi-billion dollar advertising business. He brings a great deal of operations experience and we're thrilled to have him join our board."
The Board currently consists of former COO of Twitter Ryan Sweeney of Accel, Josh Hannah of Matrix Partners, Greg Bettinelli of Upfront Ventures, and both co-founders of GOAT Eddy Lu and Daishin Sugano. As the company recently closed on 25 million dollar funding led from Accel, the company's total venture fund is now at 37.6 million dollars. As a shopping app, the company has over two million members with average order values of 350 dollars. In joining the Board, Bain will help improve GOAT on a worldwide scale. "I'm grateful for the opportunity to bring my operations expertise to grow GOAT's global business and I'm excited about the future of the company," said Bain.