Wednesday, August 23, 2006

Inc 500: The Fastest-Growing Private Businesses - Yahoo! Finance

"8. StubHub
San Francisco, CA
Three-Year Growth3248%
2005 Revenue$199 million

What it does: Creates a buying and selling venue for tickets to concerts, performances, and sporting events. Why it’s growing: Buyers seem to find online exchanges easier, with better selection and (often) lower prices than traditional brokers. In the old days, sellers, including corporate customers and season ticket holders, often threw away tickets rather than trying to resell them. Getting started: Co-founder and CEO Jeff Fluhr—Wharton, the Blackstone Group, Thomas Weisel Partners—never forgot his college days of buying concert and sporting tickets from shady characters in alleys and thinking there had to be a better way."

No comments: