StubHub CEO Discloses Side Fund That Sells Tickets on Platform

SEC filings show that StubHub CEO Eric Baker also serves as part owner and managing director of Andro Capital, a fund that sells millions of dollars worth of tickets on the StubHub platform. The filings further indicate that StubHub has entered an agreement with an affiliate of Baker's fund to provide financing to other large-scale ticket resellers who list inventory on the site.

Company statements and marketing A company spokesperson told CBC that StubHub does not own, possess, or sell tickets and functions only as a technology platform connecting independent buyers and sellers. The company's marketing materials describe StubHub as a marketplace for fans to buy and sell tickets.

Regulatory actions and industry context StubHub moved $9.2 billion in tickets in 2025. The company cancelled thousands of World Cup orders that year, leading Consumer Protection BC and the Texas attorney general to open investigations and prompting two proposed class-action lawsuits in the U.S. Industry reports cited in the CBC investigation estimate that mass scalpers control 70 to 80 per cent of tickets listed on global resale sites.

A Vancouver buyer who purchased World Cup tickets on StubHub in February said he had assumed the seller was another fan and later filed a dispute after learning about the scale of professional reselling on the platform.