2 ms·
Sorta. But their real m/o ("value add") is they aggressively purchase the "fruit" (best seats) which pushes out regular market-price buyers. Then hold. Then sel
by edoceo 5y ago
Sorta. But their real m/o ("value add") is they aggressively purchase the "fruit" (best seats) which pushes out regular market-price buyers. Then hold. Then sell at 5x to 120x list price. Its a game, similar to equities but perishable. Their only real service is standing in line in front of you to corner and add pressure.