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Fortune

Diane Brady

StubHub CEO Eric Baker is under scrutiny for enabling mass scalpers on his ticket reselling platform

Eric Baker StubHub Fortune Robert Garcia World Cup

(Credit: Michael Nagle—Bloomberg via Getty Images)

In today’s CEO Daily: StubHub CEO Eric Baker’s hedge fund ties are raising questions
The big leadership story: Trump is running out of options to manage oil prices
The markets: Markets are rising around the world as China has a monster semiconductor trading debut
Plus: All the news and watercooler chat from Fortune .

Good morning. Ticket resellers have long turned to StubHub to hawk their wares, selling seats to concerts and sports games, often at significant markups. But what happens when the CEO of a platform for ticket resellers turns out to be one himself? Even as StubHub faces class action lawsuits and investigations over selling World Cup tickets that didn’t exist, its founder Eric Baker is facing scrutiny for his ties to a fund that resells millions of dollars of tickets on the site—and finances other resellers to do the same.

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