The Best One Yet

🎟️ “Inside StubHub” — The Ticket IPO. Napster’s $200M comeback. 23&Me’s DNA drama.

27 snips
Mar 26, 2025
StubHub is navigating IPO waters while battling scalpers and a shifting ticket market. Meanwhile, Napster has made a surprising resurgence, reminding us of the nostalgic tunes of yesteryear. 23andMe faces uncertainty with its bankruptcy, leaving millions with questions about their genetic data. The hosts also highlight how Gen Z is reshaping ticket sales and touch on unique personal anecdotes. With a mix of market analyses and cultural insights, this discussion is lively and engaging.
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ANECDOTE

StubHub Origin

  • A Stanford business student couldn't find Lion King tickets and had to resort to Times Square.
  • This experience inspired him to create StubHub, an online ticket marketplace.
INSIGHT

Scalper Dependence

  • StubHub's average seller sold 40 tickets last year, indicating many are professional scalpers.
  • This reliance on scalpers presents a major risk to StubHub's business model.
ADVICE

StubHub's Risk

  • StubHub's business model depends on scalpers.
  • If scalping is reduced through dynamic pricing or stricter regulations, StubHub's revenue could decline.
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