Eric Baker is investing millions of dollars in the ticket scalping market, reports CBC.
Someone call Laci Mosley on the phone because this is starting to smell like a fraudulent sandwich. A Radio-Canada The investigation revealed that StubHub CEO Eric Baker is co-owner and managing director of Andro Capital, a fund that helps resellers sell tickets in bulk on StubHub. Baker’s secondary fund helps generate millions of dollars in ticket sales on StubHub, as outlined in the site’s September 2025 SEC filings. Additionally, StubHub has a partnership with Andro subsidiary Colloquy Capital, which funds mass scalpers on the resale platform.
This isn’t particularly new information, as a StubHub spokesperson said. Radio-Canadabut it’s freshly released after the company’s latest filing with the SEC. Additionally, Baker and StubHub haven’t been entirely open about the problematic tangle over the years, otherwise the news wouldn’t have come as such a surprise to a vast majority of users.
StubHub has previously been accused of price gouging and unfair consumer practices, and last April it paid $10 million to settle a lawsuit with the Federal Trade Commission over accusations that the site misleadingly advertised its ticket prices. StubHub recently came under fire for canceling thousands of World Cup ticket orders, and is facing two potential class-action lawsuits in the United States over the mess, as noted Radio-Canada. StubHub processed $9.2 billion in ticket transactions in 2025.
Ticket prices for live events have skyrocketed in recent years and the resale market, which StubHub operates in, is blighted by bots, inconsistent pricing and hidden fees. Mass scalpers are causing much of this instability, and through Andro and Colloquy, the CEO of StubHub is investing millions of dollars into this pipeline.
