Business & Economy · 61 views
StubHub CEO Eric Baker is under scrutiny for enabling mass scalpers on his ticket reselling platform
Good morning. Ticket resellers have long turned to StubHub to hawk their wares, selling seats to concerts and sports games, often at significant markups.
Summary
Good morning. Ticket resellers have long turned to StubHub to hawk their wares, selling seats to concerts and sports games, often at significant markups. But what happens when the CEO of a platform for ticket resellers turns out to be one himself? Even as StubHub faces class action lawsuits and investigations over selling World Cup tickets that didn’t exist , its founder Eric Baker is facing scrutiny for his ties to a fund that resells millions of dollars of tickets on the site—and finances other resellers to do the same.
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