Eric Baker is pouring thousands and thousands of {dollars} into the ticket-scalping market, CBC stories.
Somebody get Laci Mosley on the cellphone as a result of that is beginning to odor like a rip-off sandwich. A CBC investigation discovered that StubHub CEO Eric Baker is an element proprietor and managing director of Andro Capital, a fund that helps scalpers promote tickets in bulk on StubHub. Baker’s aspect fund helps generate thousands and thousands of {dollars} in ticket gross sales on StubHub, as disclosed within the website’s September 2025 SEC filings. Moreover, StubHub has a partnership with Andro affiliate Colloquy Capital, which bankrolls mass scalpers on the reselling platform.
This is not notably new information, as a StubHub spokesperson instructed CBC, however it’s being freshly circulated after the corporate’s most up-to-date SEC submitting. In addition to, Baker and StubHub have not been precisely open concerning the problematic entanglement over time, or the information would not have come as such a shock to a overwhelming majority of customers.
StubHub has beforehand been accused of price gouging and unfair consumer practices, and just this April it paid $10 million to settle a lawsuit with the Federal Commerce Fee over fees that the location deceptively marketed its ticket costs. StubHub just lately got here below hearth for canceling 1000’s of World Cup ticket orders, and it is dealing with two potential class-action lawsuits in the US over this mess, as famous by CBC. StubHub dealt with $9.2 billion in ticket transactions in 2025.
Ticket costs for reside occasions have been skyrocketing in recent years and the resale market, the place StubHub operates, is marred by bots, inconsistent pricing and hidden charges. Mass scalpers drive a lot of this instability and, by means of Andro and Colloquy, StubHub’s CEO is pouring thousands and thousands of {dollars} into this pipeline.
