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StubHub history
StubHub company history timeline
Stubhub was fonded in 2000 by Jeff Fluhrs and Eric Baker in San Francisco
The company's first major sports deal of the company was settled with Seattle Mariners, in the year 2001.
One of its first major sports deals was with the Seattle Mariners in 2001.
In the year 2003, the company started to show some profits after selling almost $60 million worth of baseball tickets as well as other products as well.
Baker left StubHub in 2004.
In 2005, the company raised between $10 million and $25 million from Pequot Ventures (now FirstMark Capital). That year, the company generated $50 million in revenue and was cash flow positive.
By the year 2008, the company had become a $5 billion business.
On January 26, 2009, the Massachusetts Superior Court rejected StubHub's argument that it was not liable for its sellers' behavior per 47 USC 230.
During the year 2009, the sales revenue of the company had increased to almost 65 per cent from the previous year.
In the year 2011, the company had launched an application for ticket booking on the Microsoft Windows Phone platform.
In 2012, StubHub integrated with Apple Passbook.
In April 2013, a new pricing structure was established, and the fee will be displayed upfront without going through an auction.
EBay has announced that from May 2013 it will retire some of its ticket categories on its UK website and will redirect users to the StubHub website to purchase them.
In 2014, StubHub also announced the appointment of Jonah Freedman as its editor-in-chief, and has since announced plans to become a resource for finding and planning events.
As of May 2015, the site is visited by over 16 million unique visitors every month.
In September 2015, the company announced that it would no longer present inclusive ticket prices with fees and other charges included, switching to the practice where a user has the choice to have a lower price displayed at first and fees added at checkout, or fees displayed upfront.
In 2015, StubHub sponsored a three-day lineup of bands at South by Southwest.
On November 25, 2019, the competing service Viagogo—which was founded by Baker and has a major presence in Europe—announced that it would acquire StubHub for $4.05 billion.
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StubHub competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| 2003 | $3.0B | 15,000 | 503 | |
| Ticketmaster | 1976 | $23.2B | 6,678 | - |
| Meta | 2004 | $164.5B | 71,970 | 6,952 |
| 2009 | $3.6B | 1,600 | 166 | |
| Uber Technologies | 2009 | $44.0B | 22,800 | 50 |
| Airbnb | 2008 | $11.1B | 5,597 | 84 |
| Grubhub | 2004 | $1.8B | 2,773 | 287 |
| eBay | 1995 | $10.3B | 13,300 | 192 |
| Lyft | 2012 | $5.8B | 4,369 | 351 |
| DoorDash | 2013 | $10.7B | 6,000 | 3,672 |
StubHub history FAQs
Zippia gives an in-depth look into the details of StubHub, including salaries, political affiliations, employee data, and more, in order to inform job seekers about StubHub. The employee data is based on information from people who have self-reported their past or current employments at StubHub. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by StubHub. The data presented on this page does not represent the view of StubHub and its employees or that of Zippia.
StubHub may also be known as or be related to StubHub, StubHub, Inc. and Stubhub.