Stubhub
Overview of Company
Stubhub is the largest ticket marketplace in the world form the sales point of view. Basically stubhub is the place where fans buy and sell tickets of sporting, concert, live entertainment events including the one which are sold out. Stubhub reinvented the market of reselling tickets in 2000. It provides a joint for buyer and seller like flea market but over the internet. Stubhub was founded by two MBA students from Stanford University. Stubhub is now acquired by EBay which was one of the competitors previously. Before stubhub was found, there were ticket scalpers who use to buy extra tickets from Fans or ticketholders, ticket brokers. They usually show up at event in last hours to sell tickets at higher price to fans looking for last minute deals. Eric Baker and Jeff Fluhr noticed this market was growing and decided to provide a marketplace for the fans to buy and sell tickets same ways. Over the time stubhub has grown very big and earning profits every......
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