4 ms·

Stubhub is a small family business bootstrapped by hard working folks just like you or I. My bad for saying they are value negative.

• JumpCrisscross 3y ago
  > Stubhub is a small family business bootstrapped by hard working folks just like you or I. My bad for saying they are value negative. The impliciation that only small outfits can be value positive requires rejecting economies of scale. Which is a fundamental misunderstanding of economics compounded by its limited scope: the entertainment complex to which scalpers attach is massive. The shows which scalpers are attracted to are massive. Small shows don't get scalped.
  • thisgoesnowhere 3y ago
    I was responding to your astute observation not making a broad comment about economies of scale. > I don't know of any multi-millionaire ticket scalpers.
    • JumpCrisscross 3y ago
      Is StubHub a ticket scalper?
      • thisgoesnowhere 3y ago
        You are making the argument that "technically" stub hub only enables scalpers but is not actually a scalper themselves. Wonder how far the goalposts have to move before you realize how embarrassing this is for your ideology.
        • JumpCrisscross 3y ago
          > making the argument that "technically" stub hub only enables scalpers but is not actually a scalper themselves Yes, Expedia isn’t an airline and the New York Stock Exchange doesn’t make cars. > your ideology Out of curiosity, what ideology would that be?