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
ESTE DATO TE VOLARÁ LA CABEZA 🤯
De los 48 equipos TODOS los equipos han tenido intervenciones de VAR en su contra durante el Mundial..excepto 1.
Solamente Argentina NO ha sido intervenido por el VAR.
Vaya “suerte”.. INCREÍBLE.
Otra “casualidad” más, pero recuerda, no está manipulado y tienes envidia.
@BakNTheNYGroove@Jessy8a10@JPrentice_8@NikkiNic9384 Don't give a shit about those running clowns in helmet my dude! This sport is a joke: only good to play for 30 seconds or less before the next whistle or commercial break. Giants or Cowboys players: same BS. They're just overpaid glorified wanna-be Rugby players with no stamina.
@AlexandreBardin@HektorsInSight@faustocoppi60 You're missing the point. Unless they are training for the TDF, I don't see the logic or any reasons here for Decathlon to work upfront.
Black American is honest and says you can’t put Black jurors on cases with Black defendants because they will side with the Black defendant and not convict them
She says “A lot of Black people don’t think deeper than race — a lot of black people are bias”
“I've been trying to hold myself back from speaking on this subject, the Karmelo Anthony case, but I've been online and I've seen a lot of videos, you know, and I'm learning more and more about it. A lot of Black people don't understand why there are no Black jurors, you know, on the trial. A lot of them don't think deeper than race, you you know, so I'm going to explain it to you.
The reason why there were no Black jurors — is because of the response on the internet from Black people about this case, about this situation. A lot of Black people actually believe that Karmelo Anthony is not a murderer — A lot of Black people believe that what Karmelo Anthony did was right.
Let me say something. If the roles were reversed, y'all would want the little white boy dead. If a little white boy stabbed a little Black boy at a school track meet, all hell would break loose. Every Black parent, every Black person would be screaming, "Life in prison! The death penalty!" People would definitely be screaming just racism, racism, racism — A lot of Black people are biased”
“So no wonder why there were no Black jurors. All because y'all wanted the little white boy to die. Y'all wanted him to die”
There is real data to support this
Black juries have a 12% conviction rate against black defendants, vs a 59% against whites. So that indicates that there is a 47% interracial bias when you have black jurors
White juries have a 33% conviction rate against white defendants, vs a 26% against blacks, which actually demonstrates a negative 7% interracial bias
Black juries have a 12% conviction rate against their own race and a 59% conviction rate against white people
Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.
A Muslim passenger:
"Excuse me, can you turn off the music?"
The driver:
"Why?"
The passenger:
"Music is haram."
The driver:
"Why is music haram?"
The passenger:
"Because there was no music in the time of prophet Muhammad."
The driver:
"Well, get off then. There were no cars back then either. A camel will come pick you up."
😂🤭😂
Victor Wembanyama’s agent says he refuses to do endorsement deals with soda companies
"They all want him, but Victor will never sell soda. Because he doesn’t want to kill the kids."
(Via @JaredWeissNBA / h/t @TheNBABase )
@JPerez414@SpursCulture *Parisians. If you go outside Paris you'd find normal people but gotta say hello before approaching anyone if you don't want to get the side eye which most Americans don't get: here you can approach strangers without saying hi and no one would bat an eye. Can't do that in France.