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eBay’s StubHub acquires Singapore startup

26 March 2012

Oliver (left) and Wesley Oxenham at StubHub, which recently acquired their startup company Peekspy

A company set up by two NUS alumni has been acquired by eBay’s StubHub, a leading online platform that allows the purchase and selling of event tickets by users.

Peekspy is a Singapore startup offering online 3D view of chosen seats in a venue. It was formed in 2008 by Mauritians Oliver and Wesley Oxenham.

Elder brother Oliver studied at NUS School of Computing, then went on the NUS Overseas Colleges (NOC) Silicon Valley programme. Wesley did his architecture course at the School of Design and Environment. For his project, he used a Google Earth’s plug-in to create a 3D model of NUS’ Central Library, which became the first library worldwide capable of being viewed online in 3D.

This evolved into something much bigger when the siblings put their skills to good use by developing a software called Fanvenues. The product enables ticket sellers to present their customers with an interactive map of the venue as well as allow users to drill down to the seat level when choosing their seat for an event. This combination of an interactive map and seat view is a unique feature which sets it apart from its competitors providing venue maps. It also helps concert goers and sports fans make a much more informed decision at the time of their ticket purchase.

Targeted at ticket sellers for concerts and sports events, Fanvenues has already garnered some big names in ticketing services. With Peekspy’s acquisition, both founders will be relocating to San Francisco where StubHub is based.

Oliver is thankful for his time at NUS that facilitated his enterprising venture. He said: “NUS has not only equipped me with the necessary skills in computer science, but also provided me the opportunity to learn more about entrepreneurship through its world-class NOC programme. I was given the chance to spend 18 months in Silicon Valley to learn from the best entrepreneurs out there. NUS assigned two mentors to me, Jenny and Peter Purushotma, who were instrumental in guiding me all along my entrepreneurial learning.”