StubHub is once again working on its IPO that could raise $1B

Group 1 - StubHub is indicating that its IPO is back on track, having filed an updated S-1 that includes Q1 2025 results after initially pausing due to market concerns [1] - IPO experts Renaissance Capital estimate that the IPO could raise $1 billion, with a potential debut next month [1] - StubHub's revenue for 2024 was nearly $1.8 billion, with a net loss of $2.8 million [2] Group 2 - The largest shareholder of StubHub is Madrone Partners with a 27.1% stake, followed by WestCap Management at 10.8% and Bessemer at 9.6% [2] - Founder CEO Eric Baker holds only 5.2% of the Class A shares but controls 90% of the voting power through super-voting rights Class B shares [2]