StubHub CEO Owns Stake in Fund Bankrolling Scalpers on His Own Platform

StubHub CEO Eric Baker holds part ownership of Andro Capital, a fund that finances bulk ticket resale operations on StubHub, according to CBC News reporting on SEC filings disclosed ahead of the company's public listing. The arrangement places Baker on both sides of marketplace transactions—as platform operator and as financial beneficiary of high-volume sellers. StubHub markets itself as a "marketplace for fans," a positioning complicated by its leadership's direct stake in scalper financing.