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Showing posts from January, 2020

Marketplace: Thoughts on Secondary Ticket Platforms

The StubHub new sparkled my interest when I heard so many arguments for and against the price of USD 4b at the time I was looking into a prominent ticketing platform in MENA (Qatar). I wish to share my thoughts on the marketplace, considering all the prominent VCs have one of these ticketing platforms in their bags. What are these ticketing platforms? They are primarily a marketplace for connecting buyers and sellers of tickets. Though it is a simple definition, the nuances of this particular marketplace get a bit trickier compared to other general marketplaces (think: eBay or Uber) and scrutinize by consumer protection authorities in many countries for their unintended consequences (misrepresentation, fake tickets, price manipulation, etc.) Let's have a look at the way this segment operates. First, some event-originators are int the business of creating events. These guys could be brand owners and producers at the same time, but not necessarily. For example, sports NFL br