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StubHub was founded in March 2000 as a class project [7] by Eric Baker and Jeff Fluhr, both former Stanford Business School students and investment bankers. [8] One of its first major sports deals was with the Seattle Mariners in 2001. [9]
The New York Yankees and eBay Inc's StubHub agreed to a $100 million deal allowing it to take charge of reselling Yankees tickets.
Securities analyst Joe Bonner, who tracks Ticketmaster's parent company New York-based IAC/InterActiveCorp, told USA Today: "You have to look at the secondary market as something that is a real threat to Ticketmaster. They missed the boat. StubHub has been around a few years now already. They weren't as proactive as they probably should have been."
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 ...
Viagogo was founded in 2006 in London as a secondary ticketing marketplace by Eric Baker, the co-founder of US-based StubHub. [5] [12] With sections established to provide an online marketplace for sports, music, theatre and comedy tickets, the company's launch included official partnerships with Chelsea FC and Manchester United FC, [5] with the sports clubs sharing in the commission revenue ...
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).
StubHub: Electronic commerce United States $ 310,000,000 [29] May 3, 2007: GittiGidiyor: Electronic commerce Turkey $ 217,500,000 [30] [31] March 9, 2006: Meetup.com [note 5] Social network service United States $ 10,000,000 [32] January 29, 2008: Fraud Sciences: Online risk management Israel $ 169,000,000 [33] October 6, 2008: Bill Me Later ...
eBay's StubHub has struck its second Major League Soccer (MLS) partnership with the Portland Timbers to become the team's official fan-to-fan marketplace. In turn, StubHub gains key marketing assets.