Our Story

Why Falling Merchant?

It started with tulips. It ended with trading cards. Here's how we got here.


I'd never heard of a Dutch auction.

Not until recently, anyway. Turns out it's how the Dutch have sold their famous tulips for centuries — a room full of buyers watching a price fall in real time, each one waiting as long as they dare before someone finally blinks and buys. The moment I understood it, I was hooked. The tension of wanting to wait just a little longer for a better price, balanced against the fear of waiting too long and losing it entirely — that's a genuinely thrilling way to buy something.

So I started looking around. Why hadn't this been done at scale? eBay is the largest auction platform in the world — surely they'd tried it. As it turns out, they had. The implementation was confusing and poorly built, but the users who actually understood it loved the concept. That told me everything I needed to know. The idea was sound. The execution just hadn't caught up yet.

I decided it was my mission to bring Dutch auctions to the world in a way that actually worked.

An online platform never felt right.

When I started thinking about how to build this, the obvious move was an eBay-style online marketplace. But something about it felt flat. When you watch the Dutch flower auctions, everyone is in the room together. Buyers sitting side by side, watching the same clock, feeling the same pressure. There's energy in that. Electricity. An online platform would strip all of that out.

I wanted to recreate that feeling — the physical presence, the shared tension, the moment someone finally breaks and buys. And then I thought about where that kind of excitement already lives naturally.

Trading card game stores.

I grew up opening packs.

Flipping through binders, cracking packs, hoping for something rare — I love all of it. But the actual act of buying a card? That part was never exciting. You look up the price, you pay the price, you go home. There's no moment. No drama. No feeling of having won something.

I wanted to bring that drama to the buying process itself. To make the purchase feel as exciting as finding the card in the first place.

That's Falling Merchant.


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Michael Kushma

Founder, Falling Merchant

Started in bay area California. TCG player since 1998. Reach me at hello@fallingmerchant.com.