Selling my collection to the lowest bidder - Linus Media Group Garage Sale 2024
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ifix.gd Save $10 on orders of $50 or more at iFixit! with code LINUS FIX at the link above, but act quick because the sale is only on for 48 hours after this video goes live! (US & Canada only) Get up to 60% off LTTStore.com products and find exclusive limited-quantity deals EVERY DAY from July 16-19 during LIME Day: lmg.gg Join Linus and the logistics team as they gathered items from the warehouse and put them on sale! Including Monitors, gaming chairs, coolers, computers, Graphics cards and more! Will Linus lose money? Or will he be able to break even? Discuss on the forum: linustechtips.com Purchases made through some store links may provide some compensation to Linus Media Group. ► GET MERCH: lttstore.com ► GET EXCLUSIVE CONTENT ON FLOATPLANE: lmg.gg ► GET A VPN: piavpn.com ► SPONSORS, AFFILIATES, AND PARTNERS: lmg.gg ► EQUIPMENT WE USE TO FILM LTT: lmg.gg ► OUR WAN PODCAST GEAR: lmg.gg FOLLOW US --------------------------------------------------- Twitter: twitter.com Facebook: @LinusTech Instagram: @linustech TikTok: @linustech Twitch: twitch.tv MUSIC CREDIT --------------------------------------------------- Intro: Laszlo - Supernova Video Link: youtube.com iTunes Download Link: itunes.apple.com Artist Link: soundcloud.com Outro: Approaching Nirvana - Sugar High Video Link: youtube.com Listen on Spotify: spoti.fi Artist Link: youtube.com Intro animation by MBarek Abdelwassaa @mbarek_abdel Monitor And Keyboard by vadimmihalkevich / CC BY 4.0 geni.us Mechanical RGB Keyboard by BigBrotherECE / CC BY 4.0 geni.us Mouse Gamer free Model By Oscar Creativo / CC BY 4.0 geni.us CHAPTERS --------------------------------------------------- 0:00 Intro 1:06 How much is this Worth? 1:19 Linus Checks out the Stuff 2:01 40LB of liquid coolers.... 3:03 Selling more Stuff 5:44 The Scorpion Chair Gamble 7:43 Notice anyone else? 7:53 Linus and Elijah move Inventory 11:20 20% off! 12:00 More Auction! 17:06 50% off! 17:26 Hit Colton, Save Money! 18:06 Grand Total 18:38 Round 2? 19:30 Outro
The video documents Linus Media Group's large scale garage sale style liquidation of its warehouse clutter. Linus explains the core premise: liquidating a wide array of tech gear, from monitors and servers to GPUs and specialty hardware, to the lowest bidder while staying entertaining and transparent about potential losses. Early on, a running tally estimates the total value of items on hand at around $82,000, with realistic expectations of recouping far less due to market demand and logistical constraints. The team employs a lighthearted auction format, with bidding, quick price drops, and strategic gambles on items that might fetch more with the right buyer, such as a scorpion chair and a notably old monitor patch. Throughout the day, staff-members interact with visitors, making jokes and negotiating, which creates a chaotic yet engaging atmosphere. The video culminates in a final tally that reflects a significant loss but emphasizes the logistical win of decluttering and the marketing value of a live sale event, followed by a plug for related Linus Tech Tips sponsorships and promotions. In the closing moments, Linus hints at the possibility of doing this again, suggesting the event will recur as a recurring content format rather than a one-off stunt. The overarching theme combines entertainment with practical inventory management, using humor, team banter, and the unpredictability of live auctions to keep viewers engaged. The video also promotes iFixit and other sponsor offers, tying the sale event to promotional deals and viewer incentives, while inviting audience discussion about the outcomes on the forum. The ethical and logistical dimension of selling a large corporate stock to the public is presented as a learning moment for the audience, illustrating challenges of asset liquidation at scale while preserving a sense of community and humor.
Topics · technology · entertainment · behind-the-scenes · retail/sales · logistics
Questions answered
- What was the estimated total value of all items at the garage sale?
- Roughly $82,000.
- What was the initial asking price for the storage rack or scorpion chair during the auction?
- The scorpion chair started with a high demand price, with bids reaching up to around $600 before settling at $20 after a gamble.
- Did Linus expect to break even on the sale?
- No, the expectations were significantly lower than the total value, with the odds of reaching $82,000 being less than 1 percent.