StubHub CEO Accused of Facilitating Ticket Scalping
StubHub CEO Eric Baker is a part-owner of Andro Capital, a fund that helps scalpers sell tickets in bulk on the platform. This has generated millions of dollars in ticket sales, with StubHub handling $9.2 billion in transactions in 2025. The revelation comes after the company settled a lawsuit with the Federal Trade Commission over price gouging and unfair practices.
Key points
- StubHub CEO Eric Baker is a part-owner and managing director of Andro Capital, a fund that helps scalpers sell tickets in bulk on the platform.
- Andro Capital has generated millions of dollars in ticket sales on StubHub, with the company handling $9.2 billion in transactions in 2025.
- StubHub has a partnership with Andro affiliate Colloquy Capital, which bankrolls mass scalpers on the reselling platform.
- The company has faced criticism over price gouging and unfair consumer practices, including a $10 million settlement with the Federal Trade Commission in April.
- StubHub is facing two potential class-action lawsuits in the US over canceled World Cup ticket orders.
StubHub CEO Accused of Facilitating Ticket Scalping
A recent investigation by CBC has revealed that StubHub CEO Eric Baker is a part-owner of Andro Capital, a fund that helps scalpers sell tickets in bulk on the platform. This has generated millions of dollars in ticket sales, with StubHub handling $9.2 billion in transactions in 2025.
The revelation comes after the company settled a lawsuit with the Federal Trade Commission over price gouging and unfair practices. StubHub has faced criticism for its handling of ticket sales, including canceling thousands of World Cup ticket orders.
The company's partnership with Andro affiliate Colloquy Capital, which bankrolls mass scalpers on the reselling platform, has raised concerns about the fairness of StubHub's business practices.
As the company continues to face scrutiny, it remains to be seen how this will impact its reputation and business model.
Sources
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