“I’m not sure how they discovered the show,” he adds, but “they were incredible hosts, allowing us to come in and set up for what was certainly the most notable IPO of the year—to be there, in the exchange, for that was incredible. So, we kept talking, came back for the Klarna IPO, and it made a lot of sense for the NYSE to be our home base as a company when we’re in New York.”“Hands down, that was probably the most memorable show this year,” Hays tells Fast Company.Hays and Coogan also had Lynn Martin, NYS ...

Company Overview - A woman's journey from children's clothing to tech IPOs, to leading a $5.8 billion RIA [1]

Core Insights - StubHub Holdings, Inc. made its debut on the New York Stock Exchange with an opening price of $25.35 per share after pricing its IPO at $23.50, raising $800 million for the company [1][2][3] IPO Launch - The IPO was priced at $23.50 per share, generating $800 million for StubHub [2] - StubHub's stock trades under the ticker symbol STUB, marking a successful entry after two postponements due to market conditions [3] Market Context - The listing contributes to a recent surge in tech IPOs as the U.S. market recovers from a period of inactivity, with several companies going public in recent months [4] Investors - Madrone Partners was the largest shareholder before the IPO, holding 24.5% of Class A STUB shares, followed by WestCap with 12.3% and Bessemer Venture Partners with 8.8% [5] Financial Performance - StubHub's revenue primarily comes from ticket sales, with over 40 million tickets sold in 2024 by around one million sellers [6] - In Q1 2025, revenue increased by 10% year-over-year to $397.6 million, although the company reported a net loss of $35.9 million compared to a loss of $29.7 million the previous year [6] - Gross merchandise sales reached $2.08 billion during the same period [6] Price Action - On the first day of trading, StubHub shares fell by 4.8% to $22.37 [7]

AI Adoption & Strategy - Unifor observes deep AI adoption in specific industries and use cases, despite industry reports suggesting potential failures of AI agents [2] - Unifor focuses on "fit-for-purpose AI" and "business AI," aiming to deliver productivity and automation to businesses, contrasting with the "super intelligence" pursuit of companies like OpenAI and Grock [5] - Unifor's acquisitions of RBI and Autonomate are aimed at accelerating AI innovation, particularly in Agentic AI, to benefit its customers [3] Talent Acquisition & Competition - The AI talent pool is scarce and mission-driven, with researchers choosing between pursuing "super intelligence" or delivering real business applications [7][9] - Unifor attracts AI talent by offering the opportunity to deliver automation solutions to over 2,000 businesses, including Fortune 500 companies, emphasizing real-world impact [7][10] - Unifor competes with larger tech companies for talent by focusing on the mission-driven aspect of AI research, rather than solely on compensation [9][10] Future Outlook & IPO - Unifor aims to increase its customer base from 2,000 to 4,000 and then to 8,000, believing this growth will naturally lead to a potential IPO [14] - Unifor will consider going public when the timing and market conditions are favorable [14] - The company views the opening up of public markets for tech IPOs positively, noting anticipation for mega IPOs from companies like Data Bricks, Canva, and Stripe [13] Measuring AI Success - Unifor suggests that the success of AI in business can be measured by increased productivity, potentially leading to more long weekends for workers [11]