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Greg Selkoe

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Greg Selkoe
Born (1975-06-04) June 4, 1975 (age 49)
Boston, MA
🎓 Alma materRollins College; Harvard University
💼 Occupation
🏢 OrganizationXSET Esports, Karmaloop
TitleFounder & CEO (XSET), Founder (Karmaloop)
👩 Spouse(s)Dina Selkoe

Greg Selkoe (born June 4, 1975) is an American entrepreneur, former president of FaZe Clan,.[1][2] and the founder of Karmaloop.com.[3]

Early life and education[edit]

Selkoe was born in Boston, Massachusetts and raised in the Jamaica Plain neighborhood.[4] He went to The Winchendon School, a boarding school in Winchendon, Massachusetts. Selkoe received his undergraduate degree from Rollins College[5] in Winter Park, Florida. After graduation from Rollins and before starting Karmaloop, Selkoe worked for the City of Boston for three years at the Boston Redevelopment Authority.[6]

Career[edit]

Selkoe began Karmaloop from his parents' basement in 2000.[7] After starting Karmaloop, he continued his education at The Kennedy School of Government at Harvard University and completed a Masters in Public Policy in 2005.[6] Selkoe also suffers from ADHD, but cites the disorder as one of the reasons he's been successful.[8]

Karmaloop.com is the world's largest online retailers of streetwear (including footwear, apparel, accessories, housewares and more).[9][10] The company targets and sells to the "Verge Culture” demographic, a multicultural group referred to as the first generation “raised on the internet" typically between the ages of 18 and 34 years.[11] In March 2015, the company filed for bankrupcy[12]. It was sold at auction two months later to Comvest Partners and Chicago’s CapX Partners[13]'[14]'[15], and Greg Selkoe was evicted from CEO position[16]. In 2016, he was asked to pay the 5 million$ debt he agreed to pay in the operation[17]'[18].

Selkoe sits on the board of the Kanye West Foundation,[19] contributes to and works with the Boston Public Health Commission on its youth anti-violence programs,[20] and was a spokesperson for the Vote for Change campaign during the 2008 presidential election.[21] He also filmed a public service announcement for the Vote for Change website, encouraging young people to vote for Barack Obama.[22]

Selkoe founded the Future Boston Alliance in 2011[23] – a group dedicated to improving cultural life in Boston and retaining local creative talent. He is involved with Pharrell Williams' Kidult Youth Conference,[24] has contributed a significant portion of the money toward the restoration of the Brewer Fountain on the Boston Common,[25] helped to create a partnership between the Boston Ballet and Karmaloop,[26] and sits on the board of the Emerald Necklace Conservancy[27] and the board of Youth Design, an organization that helps find paid summer design internships for inner city high school students.[28]

In 2009, Selkoe was selected as one of the top 25 most influential entrepreneurs under 35 in the United States[29] and was invited to participate in a White House[30] summit for young business leaders on economic policy, new media, and youth messaging.[31]

Selkoe received the Ernst & Young Entrepreneur Of The Year 2012 Award in the e-commerce category in New England.[32]

In 2017, he launched Wanderset.com, a men's fashion website[33]'[34]'[35].

In 2018 Selkoe became the President of the eSports organization Faze Clan along with CEO Lee Trink.[36]

On July 16th 2020, Selkoe departed ways with FaZe Clan and formed his own Esports Organization XSET[37]'[38].

Personal life[edit]

Selkoe lived in Boston, Massachusetts with his wife Dina Selkoe.[39] In 2018, he moved to Los Angelos and put his $10.5 million Back Bay condo up for sale[40]

References[edit]

  1. "Migos star Offset buys a stake in esports crew FaZe Clan". Musically. Retrieved September 16, 2019.
  2. "Faze Clan, 100 Thieves, And How Hip-Hop And Video Games Collide With Esports". Retrieved September 16, 2019.
  3. "True Believers". Businessweek. 2006-12-24. Retrieved 2013-07-22.
  4. "Archived copy". Archived from the original on 2010-09-27. Retrieved 2010-08-23. Unknown parameter |url-status= ignored (help)CS1 maint: Archived copy as title (link)
  5. "Greg Selkoe keeps hipsters in the loop - The Boston Globe". Boston.com. 2008-03-20. Archived from the original on October 6, 2014. Retrieved 2013-07-22. Unknown parameter |url-status= ignored (help)
  6. 6.0 6.1 "Online streetwear retailer Greg Selkoe finds his groove - Boston Business Journal". Bizjournals.com. Retrieved 2013-07-22.
  7. "From Basement Boostrapper to Prominent Retailer". Entrepreneur.com. 2008-08-21. Retrieved 2013-07-22.
  8. "Karmaloop CEO Greg Selkoe: Why Having Creative People Makes Successful Businesses [INTERVIEW]". NextShark.com. Retrieved 2013-10-29.
  9. https://blavity.com/growing-0-100-million-w-greg-selkoe-founder-karmaloop?category1=life-style
  10. / (2010-12-21). "Karmaloop: An Underground Fashion Empire | Radio Boston". Radioboston.wbur.org. Retrieved 2013-07-22.
  11. "Up-and-coming sites may make Boston a leader in e-commerce - The Boston Globe". Boston.com. 2011-07-10. Archived from the original on March 2, 2013. Retrieved 2013-07-22. Unknown parameter |url-status= ignored (help)
  12. "Greg Selkoe's Bad Karma". Unknown parameter |url-status= ignored (help)
  13. www.bizjournals.com https://www.bizjournals.com/boston/blog/techflash/2015/05/embattled-e-commerce-streetwear-firm-karmaloop.html. Retrieved 2021-04-09. Missing or empty |title= (help)
  14. "Karmaloop Climbed Out of Bankruptcy—So Where Does It Go From Here?". Complex. Retrieved 2021-04-09.
  15. Correspondent, Taryn Luna Globe; March 23; 2015; Comments, 6:31 p m Email to a Friend Share on Facebook Share on TwitterPrint this Article View. "Boston streetwear company Karmaloop files for bankruptcy - The Boston Globe". BostonGlobe.com. Retrieved 2021-04-09.
  16. www.bizjournals.com https://www.bizjournals.com/boston/inno/stories/news/2015/05/26/new-karmaloop-ceo-seth-haber-replaces-greg-selkoe.html. Retrieved 2021-04-09. Missing or empty |title= (help)
  17. "Karmaloop Founder Greg Selkoe Is Still in Debt for $5 Million". Complex. Retrieved 2021-04-09.
  18. Columnist, Shirley Leung Globe; March 17; 2016; Comments, 8:50 p m Email to a Friend Share on Facebook Share on TwitterPrint this Article View. "Karmaloop founder can't escape $5 million debt - The Boston Globe". BostonGlobe.com. Retrieved 2021-04-09.
  19. http://www.bostonmagazine.com/2011/03/karmic-transformations-inside-the-karmaloop-home/
  20. http://www.babsonforum.com/2011/speakers/28-speakers/brand-management/64-greg-selkoe
  21. https://www.youtube.com/watch?v=5gxXfvvzgf4
  22. "Archived copy". Archived from the original on 2012-02-16. Retrieved 2012-02-21. Unknown parameter |url-status= ignored (help)CS1 maint: Archived copy as title (link)
  23. "Future Boston Alliance Announces Creative Economy and Free Boston Panels at Together Festival featuring City Councilor Tito Jackson, Greg Selkoe and Kofi Jones from Gov. Patrick's Office".
  24. http://www.kidult.com/blogs/the-www-the-world-wide-what/soho-takes-over-fashions-night-out-again
  25. "| City of Boston".
  26. Shanahan, Mark; Goldstein, Meredith (2009-09-19). "East meets Western Mass". The Boston Globe.
  27. "Governance". Archived from the original on 2012-02-15. Retrieved 2012-02-14. Unknown parameter |url-status= ignored (help)
  28. "Archived copy". Archived from the original on 2011-11-29. Retrieved 2012-02-14. Unknown parameter |url-status= ignored (help)CS1 maint: Archived copy as title (link)
  29. https://web.archive.org/web/20090326125846/http://www.boston.com/business/articles/2009/03/22/lifting_their_dreams_by_the_bootstraps/. Archived from the original on March 26, 2009. Unknown parameter |url-status= ignored (help); Missing or empty |title= (help)
  30. "Innovation Economy".
  31. "ProQuest Archiver: Titles".
  32. "Transworld Business | the Leader in Boardsports News | ASN".
  33. US, FashionNetwork com. "KarmaLoop founder Greg Selkoe launches men's fashion site Wanderset". FashionNetwork.com. Retrieved 2021-04-09.
  34. Hughes, Aria; Hughes, Aria (2017-09-22). "Karmaloop Founder Greg Selkoe Launches Wanderset E-Commerce Site". WWD. Retrieved 2021-04-09.
  35. "Karmaloop Founder Greg Selkoe Launches New Men's Online Shopping Destination, Wanderset". Complex. Retrieved 2021-04-09.
  36. "Faze Clan, 100 Thieves, And How Hip-Hop And Video Games Collide". Vibe. 2019-04-24. Retrieved 2019-06-06.
  37. Fitch, Adam (2020-07-16). "Greg Selkoe, Clinton Sparks, and Wil Eddins depart FaZe Clan". Esports Insider. Retrieved 2021-04-09.
  38. Lorenz, Taylor; Browning, Kellen (2020-07-16). "FaZe Clan President Departs: 'It's Time for Gaming to Clean Up Its Act'". The New York Times. ISSN 0362-4331. Retrieved 2021-04-09.
  39. "25 Most Stylish Bostonians of 2009 - Dina Selkoe - The Boston Globe". Boston.com. 2009-11-05. Archived from the original on October 26, 2012. Retrieved 2013-07-22. Unknown parameter |url-status= ignored (help)
  40. www.bizjournals.com https://www.bizjournals.com/boston/news/2018/02/24/karmaloop-founder-greg-selkoe-puts-back-bay-condo.html. Retrieved 2021-04-09. Missing or empty |title= (help)



Category:John F. Kennedy School of Government alumni Category:Rollins College alumni Category:Living people Category:1975 births Category:HuffPost writers and columnists Category:Businesspeople from Boston Category:The Winchendon School alumni


Greg Selkoe[edit]


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