Eric Baker | |
---|---|
Born | Eric H. Baker May 1973 (age 50) Los Angeles, California, US |
Education |
Harvard College Stanford Business School |
Known for | Founder and CEO,
Viagogo Co-founder, StubHub |
Eric H. Baker (born May 1973) is an American businessman, the founder and CEO of Viagogo, and co-founder of StubHub.
Baker was born in May 1973. [1] He was born and grew up in Los Angeles.[ clarification needed] [2] [3] Baker graduated from Harvard College in 1995, and received an MBA from Stanford Business School in 2001. [4]
Baker worked for McKinsey & Company for two years, and then Bain Capital, a private equity firm in Boston. [4] [3]
Baker co-founded StubHub in 2000, with fellow Stanford classmate Jeff Fluhr, initially as part of a Stanford competition from which they withdrew after being chosen as finalists due to concerns that someone might take their idea. [3] [2] While Fluhr dropped out of Stanford to focus on StubHub full-time, Baker opted to not immediately join the company. [5] While he was completing his MBA, the site launched without him in October 2000. He rejoined StubHub as its president in 2001. [6] However, Baker and Fluhr clashed on the direction of the company and Baker was fired from StubHub in 2004. [5] StubHub was sold to eBay in 2007 for $310 million. [3] [7]
In 2006, Baker founded Viagogo, and has been its CEO since then. [6] He owns Viagogo through a company called Pugnacious Endeavors, which is based in Delaware. [2] [8] In 2020, Viagogo completed it's acquisition of StubHub out of Ebay, with the combined company rebranding as StubHub and Baker as CEO. [5]
In May 2018, BBC News reported that the UK Government's digital minister advised that consumers should not use Viagogo, one of the big four secondary ticket sites. Margot James said: “Don’t choose Viagogo - they are the worst”. [9]
In August 2018, the UK's Competition and Markets Authority took Viagogo to the High Court for breaking the law; Baker did not issue any comment or statement. The company reached a resolution with the CMA in November 2018. [10]
In January 2019, the Competition and Markets Authority (CMA) said Eric Baker risked jail over failure to properly protect customers. [11]