StubHub is in preliminary discussions with bankers regarding a potential initial public offering before the year's end, with a goal to raise over $1 billion. Despite a sluggish start to tech I.P.O.s this year, more companies are considering public listings amidst economic volatility. Founded in 2000 and acquired by ViaGogo in 2019, StubHub experienced significant revenue loss during the pandemic but has seen a revival as live events have resumed, further indicating its readiness for the public market.
StubHub aims to hold an initial public offering by year-end, seeking to raise over $1 billion, after talks with bankers about market readiness for tech I.P.O.s.
Amid a slow start to tech public offerings this year due to market volatility, more companies like CoreWeave and Discord are exploring I.P.O.s.
StubHub faced significant challenges due to the pandemic but rebounded as live events resumed last year, indicating strong market potential for an I.P.O.
Founded in 2000, StubHub transformed the ticketing market before being acquired by ViaGogo in 2019, following a drop in revenue during the pandemic.
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