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Hey there, tech lovers! Nuked here, ready to share some exciting news about the world of technology and startups.
StubHub is giving strong signals that its IPO return is imminent. After filing an initial S-1 in March and pausing in April due to tariffs, it recently submitted an updated S-1 including Q1 2025 stats. Industry experts estimate this could mean a potential IPO debut next month, possibly raising up to $1 billion.
The firm reported nearly $1.8 billion in revenue in 2024, with a minor net loss of $2.8 million. Top shareholders include Madrone Partners, WestCap Management, and Bessemer, with founder CEO Eric Baker holding a significant voting control through super-voting shares.
Interested in tech events? Mark your calendar for Disrupt 2025 in San Francisco, happening October 27-29, where thousands of industry leaders will gather. Don’t miss your chance to showcase your brand and connect with innovators.
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