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i_am_jl 3 hours 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.

mistrial9 3 hours ago | parent | next [-]

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)

tailscaler2026 3 hours ago | parent | prev [-]

welcome to america 2026. where it's not only encouraged but expected that you're lying, cheating, and stealing your way to the top.

gruez 3 hours ago | parent [-]

2026? As if stubhub/ticketmaster only materialized after trump2?

treis an hour ago | parent [-]

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.