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StubHub

StubHub

Online ticket exchange and resale platform

About

StubHub operates as an online platform for buying and selling tickets for live events such as concerts, sports games, and theater performances. Users can list their tickets for sale, and buyers can purchase them, often at prices determined by the sellers. The company generates revenue by charging service fees on each transaction, which applies to both buyers and sellers. StubHub distinguishes itself from competitors by offering a user-friendly interface, customer support, and a community forum for users to share experiences and seek assistance. The goal of StubHub is to provide a reliable and convenient marketplace for fans to access live entertainment.

Company Stage

N/A

Employees

1,001-5,000

Industries

Consumer Goods, Entertainment

Total Funding

$371.2M

Headquarters

N/A

Founded

2000


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Simplify's Take

What believers are saying

  • StubHub's planned IPO could provide significant capital for expansion and technological advancements.
  • The company's strong market presence and partnerships, such as with Major League Soccer, enhance its brand visibility and customer base.
  • High demand for popular events, like Taylor Swift and WNBA games, indicates a robust and growing user engagement.

What critics are saying

  • Delaying the IPO due to market unpredictability could impact financial stability and investor confidence.
  • Office closures and staff layoffs may affect operational efficiency and employee morale.

What makes StubHub unique

  • StubHub's dual-sided service fee model ensures revenue from both buyers and sellers, unlike some competitors who only charge one side.
  • The platform's robust community forum and customer support system provide added value and reliability, setting it apart from other ticket resale platforms.
  • StubHub's global reach and diverse event categories, from sports to theater, make it a versatile player in the secondary ticket market.

Benefits

Stock incentives

Unlimited PTO

401k

Health, vision, & dental

Free weekly lunches

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