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by i_am_jl 16 days ago
For StubHub to have insider dealing isn't so surprising, but I am shocked at how brazenly and openly it's occurring. Nothing covert or concealed, just the CEO of a marketplace openly admitting that they run a hedge fund that resells scalped goods on that marketplace while keeping other scalpers off the platform.
2 comments

no, it gets more layers.. a quick search says "Through its affiliate Colloquy Capital, StubHub helps bankroll other mass ticket scalpers by providing short-term financing based on expected future sales, further inflating the volume of professional resellers on the platform." (I have no direct knowledge of these participants)
welcome to america 2026. where it's not only encouraged but expected that you're lying, cheating, and stealing your way to the top.
2026? As if stubhub/ticketmaster only materialized after trump2?
Ticketmaster sure but back in the day I could get tickets for a song on stubhub. That seems to be a relic of the past and the resale ticket marketplace is barely less than face value.