technology
StubHub CEO Owns Stake in Fund Backing Ticket Scalpers
A CBC investigation found that StubHub CEO Eric Baker holds an ownership stake in a fund that finances bulk ticket resellers on the platform. The relationship was disclosed in the company's September 2025 SEC filing.
Jul 10, 3:27 PM·1m read1 source
finance.yahoo.comAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
A CBC investigation reported that StubHub CEO Eric Baker serves as part owner and managing director of Andro Capital, a fund that finances large-scale ticket resellers operating on StubHub. The fund has generated millions of dollars in ticket sales on the platform, according to the company's September 2025 SEC filing.
StubHub also maintains a partnership with an Andro affiliate, Colloquy Capital, that provides financing to mass resellers.
Background on the relationship A StubHub spokesperson told CBC the arrangement is not new. The company has not previously disclosed the connection in detail to users. StubHub handled $9.2 billion in ticket transactions in 2025. The resale market has faced criticism over bots, inconsistent pricing, and hidden fees.
Prior regulatory action In April, StubHub paid $10 million to settle Federal Trade Commission charges that it deceptively advertised ticket prices. The company is also facing two potential class-action lawsuits in the U.S. over canceled World Cup ticket orders.
Transparency
How sources framed this
Single source — no framing comparison available.
CorroborationLimited · 1 source
