Co-Founder, Chief Executive Officer & Director, Corsair Gaming
Search every verified Andrew Paul interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Andrew Paul, co-founder and CEO of Corsair Gaming, discussed his personal experience with adversity in a December 2024 video, stating that after reaching his "lowest moment" he felt "untouchable" and that "there was nothing they could do to me." In a November 2024 interview, Paul addressed Corsair's acquisition of Fanatec, describing the company's financial difficulties as stemming from a loss of cost control and a post-COVID market bubble. He stated that Corsair intends to let the Fanatec brand maintain its own identity and that the company is working to integrate systems and improve customer service. In earlier appearances, Paul commented on the gaming market's trajectory following the pandemic, noting that a "surge of gamers" buying gear had subsided but that a short refresh cycle would bring customers back. He also discussed the impact of supply chain constraints on graphics cards and shipping costs, and expressed a positive outlook for sim racing as a growth market. Regarding Corsair's stock being targeted by retail traders in 2021, Paul attributed the activity to a battle between long-term investors and short-selling hedge funds.
“The company got lost control of costs, lost track of freight costs, and unfortunately, post-COVID, there was a bubble in the gaming and enthusiast market that burst, leading to financial difficulties.”
“We ship about two million units of things every month, and we have about 27 product lines ranging from components for gaming PCs to peripherals and streaming equipment.”
“Fitech should be a profitable business; scale helps a lot, and we can pull funds from different areas of Corsair to help get Fitech off the ground initially.”
“Within three or four months, we'll have full integration of systems so that every piece of inventory and every order is visible to every customer service agent, drastically improving response times.”
“We want to let the Fitech brand be the Fitech brand, maintaining its own voice and social media language, rather than absorbing it into Corsair's brand.”
“Our biggest competitors in sim racing are Logitech, Thrustmaster, and to a lesser extent, Moso and Semicube, but Fitech currently holds a huge market share in professional gear.”
“The biggest challenge for Fitech is to get employees and customers excited and motivated again after the financial difficulties and to integrate all systems smoothly.”
“We have to keep innovating and making great products because complacency is the biggest risk; someone is always trying to steal your market share.”
“We intend to maintain all third-party relationships Fitech had, including with Porsche, BMW, Bentley, Sony, and Microsoft, and have recently signed a multi-year agreement with Sony.”
“As CEO, I've learned that you have to hire people who are as smart or smarter than yourself and build an organization that can function without you micromanaging every decision.”
“We went through a surge of activity during the covid lockdown where thirdparty data showed that the demand for gaming headsets approximately tripled and the self-built PC market approximately doubled. 3 years on having emerged from the lockdowns the gaming headset Market which is the best indicator for peripherals is n...”
“We intend to continue to grow the gamer and Creator peripheral segment organically as well as with strategic Acquisitions. We expect this business will become larger than our traditional components business within a few years.”
“That was my lowest moment, period, and it was like I bounced off of that β I mean I was untouchable after that.”
“I just think that when you get to a certain point β an ultimate low β and you pushed past that, dude, it's like that's it: you can't do anything to me now.”
“There was nothing they could do to me, there was nothing they could do.”
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If you wanna have it on Spotify: https://open.spotify.com/episode/31t7... Also available at Spotify for earnings Calls at BusinessCalls Podcast: https://open.spotify.com/show/6XbIp7s... Thanks for watching!
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