scalping in a good way


Tearing a piece out of the hearts of college entrepreneurs everywhere, a Boston-area company buys hot concert tickets at face value, sells them at scalper's prices, and donates the difference to charity. has convinced some of the top acts on tour to give it first crack at some of the juiciest stage-side seating in venues across the country.

Interestingly, the company is a for-profit, although its avowed purpose is to raise funds to support not-for-profit organizations such as Habitat For Humanity, Malaria No More, and Partnership for a Drug-Free America (Grateful Dead tickets benefiting this charity would be ironic). According to The Wall Street Journal (subscription required), TFC makes its money on a transaction fee tacked onto the marked-up price, ala Ticketmaster.

Originally published