Viagogo invades US online ticket-scalping market
Some entrepreneurs are bold, or foolhardy, depending how you look at it.
Eric Baker, co-founder of online ticket scalper StubHub, left in 2004, before StubHub went on to sell to eBay in January for $310 million.
Instead, he started rival Viagogo in London in 2005. The company has just raised $30 million in a round led by Index Ventures.
Like Stubhub, Viagogo allows people to buy and sell previously-purchased tickets on the web for sports games, concerts and… Continue Reading
eBay buys StubHub, online ticket reseller, for $310M
StubHub, an online site for reselling tickets to events, has been acquied by eBay for $310 million, minting the latest Silicon Valley millionaires in co-founders Jeff Fluhr and Eric Baker.
The controversial company has grown steadily, badgering eBay’s business for years. About 30 professional and college sports teams encourage fans to StubHub as a sort of safe haven in the reselling market, even as the New England Patriots have sued the company, saying it is encouraging… Continue Reading