Yoonew, Inc., stylized as yoonew, was a start-up based in New York City, USA, that ran an online exchange specializing in championship sports tickets and ticket derivatives. Since being founded in 2004, Yoonew provided tickets and ticket derivatives for large sporting events such as the Super Bowl, the World Series, the Stanley Cup, the UEFA European Football Championship, the Final Four and the US Open. Yoonew Inc. was founded in September 2004 by MIT Sloan students Gerry Wilson and Hagos Mehreteab in hopes of creating a method by which die-hard fans without thousands of dollars to spare could get their hands on cheap tickets to major sporting events. The idea was born when Wilson was unable to obtain affordable tickets to the 2003 World Series. After the idea fared well in a couple of business-plan competitions, Wilson and Mehreteab, a longtime friend, launched the company. More information...
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