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by ohyes 1069 days ago
Sounds like ticket price arbitrage. Pick up undervalued tickets, resell them at a higher than listed price. Stubhub has all the correct stuff to do this, high speed api access, data about historical ticket prices. They could even list their estimated price first and find the buyer before purchasing at the lower price. If that doesn’t happen quickly then list the original price.

It’s basically an unregulated ticket stock market.

1 comments

This, I wouldnt be suprised if Stubhub had already resold the tickets at the same time they purchased from the original buyer.