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StubHub is an American ticket exchange and resale company. It provides services for buyers and sellers of tickets for sports, concerts, theater, and other live entertainment events. By 2015, it was the world's largest ticket marketplace.
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Scammers also use social media platforms and online marketplaces like StubHub to list tickets that seem too good to be true (e.g. front row seats for a fraction of what they actually cost).
The idea was so promising that in March 2000 they co-founded StubHub and then Fluhr dropped out of Stanford after his first year. [3] [1] They sought out investors in the music and sports industries and, by August 2000, had raised $600,000 of seed capital for the new company. [5] In 2003, StubHub started running advertisements on Google.
Many Americans did — StubHub reports that 83% of ticket sellers for U.S. concerts on Taylor Swift’s Eras tour were first-time sellers on the site. Read More: Owe Money to the IRS? Most People ...
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Baker worked for McKinsey & Company for two years, and then Bain Capital, a private equity firm in Boston. [4] [3]Baker co-founded StubHub in 2000, with fellow Stanford classmate Jeff Fluhr, initially as part of a Stanford competition from which they withdrew after being chosen as finalists due to concerns that someone might take their idea.
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