Jason Banks had no idea of his impact on the ultimate future of COMC. Back in early 2008, he was just trying to capitalize on a business model he deemed unique and also potentially lucrative for him.
Having won approximately 100 auctions on eBay, he decided to have them sent directly to COMC’s address. The problem was, COMC was using a mailbox service at the time – and was used to receiving just a few packages per day. So when 100 or so packages arrived, the mailbox service quickly put a kibosh on this practice.
This situation, of course, led to the company leasing commercial space in Overlake Business Center (a business development we’re still located in, just down the street and in a bigger building). It goes to show that one person truly can make a difference!
As for Banks, his cardshark account is ranked second on our top buyers list. But he’s easily the largest flipper on the site (having purchased more than $100K BV with the sole purpose of re-selling on the site rather than requesting shipment on the cards). This has made him 9th on the top sellers list.
“My focus is to flip cards,” said Banks, who runs an intellectual property (domain names, etc.) business in Boynton Beach, Florida. “It’s just like the stock market, with diversification being the key.”
Banks, a former Florida state trooper and a City of Miami Beach police officer who has a law degree from the University of Miami, grew up in a house filled with Lenny Dykstra memorabilia.
When considering COMC, Banks recalls being initially struck by the background of COMC CEO Tim Getsch. “What really impressed me was Tim’s history with Microsoft. Anyone that had that handle (on site development) was going to do a very good job with the site.”