Word: stubhub
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Dates: during 2004-2004
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...deal of time and energy wasted," says Princeton University economist Alan Krueger, who has studied ticket prices. But an upstart business, StubHub.com which was launched near the end of the Internet boom, may yet succeed in changing this landscape. The site is a NASDAQ for tickets, and unlike eBay, StubHub guarantees the transaction and thus a seat. Its home page directs you to concerts, sports or theater events, and after its program crunches the credit-card numbers and finalizes a trade, the ticket seller receives an air bill with the buyer's address. StubHub tracks the package, and once...