Ro

Business, Finance, Tesla, Bourbon. A few things I like. Giants & Yankees for life! Spiritual at heart.

[Ro @The_Rohan]

@Underdog Napoleon complex is strong with this guy

[Wall Street Apes @WallStreetApes]

The CEO of StubHub exposed in SEC documents to own a hedge fund thats scalping millions of tickets on StubHub making a fortune

Everything is a scam

“StubHub bills itself as an online marketplace for fans where they can buy and sell tickets, but it turns out that StubHub CEO himself also has a hedge fund that is scalping millions of dollars worth of its own tickets”

“The company went public on the New York Stock Exchange last fall. They had to file documents to the Securities and Exchange Commission, and in those SEC filings, we find some interesting information. The CEO, Eric Baker, actually owns and manages a hedge fund by the name of Andro Capital.

Its business: selling millions of dollars worth of tickets on StubHub — So essentially, StubHub and its CEO are in the business of mass scalping”

Here’s a step by step of how the scam works

- StubHub CEO’s Andro Capital buys large numbers of tickets, sometimes in bulk from primary sellers, other brokers and events

- They then list and sell those same tickets on StubHub at much higher prices

- When fans buy the tickets, Andro makes a profit on the price difference, this is the scalping markup

- StubHub helps them by handling the listing, pricing and delivery of the tickets, sometimes with special arrangements or lower fees for Andro

The result is millions of dollars in ticket sales flow through Andro on StubHub, and the profits go back to the hedge fund that StubHub CEO Baker owns and manages

It means with his big money and influence he can move in early, gets the tickets for events, then mark them and rob everyone blind

[Ro @The_Rohan]

@FOXSports Stopngiivng stupid moronic refs so much power

[Ro @The_Rohan]

@noob_tradR @KobeissiLetter Bro, did you lose your brain?

[Ro @The_Rohan]

@BarackObama @MichelleObama Did y’all eat 🌮’s after taking this pic?

[Ro @The_Rohan]

@InternetH0F Can ALL THE CASUALS please just stay home

[Ro @The_Rohan]

@ZachGelb Those are task rabbiters

[Ro @The_Rohan]

@elonmusk Elon needs his fan boys to be his exit liquidity and they won’t disappoint

[Ro @The_Rohan]

@barstoolsports These casuals from Ohio need to relax lol

[Ro @The_Rohan]

@TequilaDdad @KobeissiLetter Middle Class Americans will always be liquidity to billionaires

[Ro @The_Rohan]

@Justin_lords @DeFiTracer look we found the dummy aka exit liquidity for billionaires

[Ro @The_Rohan]

@MAGAVoice Gaslighting 101 here huh

[Ro @The_Rohan]

@elonmusk Elon want to ban voting so he can have power and control, don’t fall for it you minions

[Ro @The_Rohan]

@RScarz76103 @barstoolsports Knew some dude in rural Arkansas was gonna be stocked

[Ro @The_Rohan]

@elonmusk Shut up Elon

[Ro @The_Rohan]

@NITESHS9067448 @CalltoActivism Ok posting from Bangladesh

[Wu Tang is for the Children @WUTangKids]

The city has been on an epic run of positive vibes because of the Knicks and now Trump is coming to completely ruin everything

[Ro @The_Rohan]

@elonmusk Send Elon back first

[Ro @The_Rohan]

@bennyjohnson Benny is a moron and looks like a penis

[Ro @The_Rohan]

@factpostnews Why the fuck do nerdy brown dudes now think they run shit? STFU and sit in your seat bro