StubHub was founded in 2000 in San Francisco, California. Founders Eric Baker and Jeff Fluhr were Stanford graduates who wondered why there wasn’t a marketplace to sell tickets you didn’t want.
StubHub is an American ticket exchange and resale company. It provides services for buyers and sellers of tickets for sports, concerts, theater, and other live entertainment events. It has grown from the largest secondary-market ticket marketplace in the United States into the world’s largest ticket marketplace.
In November 2019, Viagogo acquired StubHub for $4.05 billion.
While consumers are big on StubHub, the company has attracted considerable criticism from sports executives. Tim Leiweke, former CEO of AEG has stated that “many sports executives hate StubHub because the company doesn’t invest in the product on the court”
During the World Series games in 2021, some StubHub ticket holders were selling their standing-room-only tickets for $1,000.
In September 2021, StubHub was forced to refund more than $3 million in tickets sales to customers in Colorado after many venues closed due to Covid. The company originally declined to refund ticket holders but the attorney general reached a settlement with the company.
StubHub maintains a corporate office in San Francisco, California.