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> provide liquidity to fans Why is liquidity important to fans?

• travisoneill1 8y ago
  You can buy a ticket knowing that if something comes up you will get your money back. You can decide to go to an event last minute and tickets will be available.
  • vehementi 8y ago
    But they would be available anyway if the scalpers hadn't bought them all up. And if legitimate fans had bought all the tickets (sold out early), you wouldn't be getting a ticket either way, right?
    • lmm 8y ago
      I'm a legitimate fan and willing to pay a fair price for a ticket, but due to my job I usually can't buy the moment the ticket is released. So if it weren't for the "scalpers" I'd never get to see a show.
• kbenson 8y ago
  Because it provides an accurate value indication. Whether brokers or fans are reselling, it's going to happen. I don't imagine.moat fans are going to be keen on making sure their inventory is priced multiple times a day, much less multiple times an hour. This also helps fans that decide they don't want to (or can't for some reason) go. They get a good indication of what their tickets are worth. That said, i was also using liquidity as a stand in for increased availability. The fact that the market is liquid allows people a fair level of confidence that in the worst case they can recoup the cost of their tickets (give or take some percent) if they don't go. Really, how is this any different than investing in an IPO? Those are mispriced all the time too.