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StubHub was founded in March 2000 as a class project [7] by Eric Baker and Jeff Fluhr, both former Stanford Business School students and investment bankers. [8] One of its first major sports deals was with the Seattle Mariners in 2001. [9] In 2002, eBay was in talks to acquire StubHub for US$20 million, although the agreement had later "fallen ...
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Joe Santagato was born and raised in Astoria, Queens, New York, United States. [3] He is of maternal Irish descent and paternal Italian descent. His mother, Elizabeth, was a public school secretary and his father, Joseph, was a firefighter for the New York City Fire Department. He has three older siblings, Thomas, Shannon and Keith. [4]
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Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket brokers who sold tickets for lower rates.
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