In a secondary market ecosystem that’s already terrible — what StubHub and other third-party platforms are allowing to happen right now with Coachella W1 tickets this week is almost criminal.
Demand has surged over the last ten days for wristbands ahead of this weekend, and with that, so have prices. People who purchased “guaranteed” orders months ago — when prices were a fifth of what they are now — are being left completely stranded as sellers default, don’t deliver passes, and then relist those same tickets for 4x the cost…with zero accountability.
Meanwhile, the people who planned ahead are left high and dry with travel already booked and little to no options to even get into the festival — outside of getting desperate and paying $3,000+ for a GA wristband.
The systems meant to get tickets into people’s hands are fundamentally broken, and it only incentivizes more of this behavior. And it’s not just a few isolated cases…we’re talking entire groups of 5+ people being left hanging as platforms fail to deliver on “guaranteed” entry, while sellers are essentially committing fraud against people who trusted those tickets would show up.
What a shame this is what it’s come to. 🦉
you think the marty supreme press tour can’t get anymore insane and then susan boyle puts on a marty supreme jacket to wish timothée chalamet a happy birthday