StubHub files for an IPO, with plans to list on the NYSE, and reports a $2.8M loss on $1.77B in revenue in 2024, vs. a $405M profit on $1.37B in revenue in 2023
Secondary Ticketing Sales Up 29% in 2024 Bill Peters / MarketWatch : Referenced Symbols — Ticket-resale platform StubHub on Friday said it had filed … Los Angeles Times : Ticket platform StubHub fil...
CoreWeave's S-1 reveals its three co-founders own less than 3% of Class A shares after cashing out ~$488M, but still control ~80% of votes via Class B shares
Julie Bort / TechCrunch : Bluesky: @kellblog , @quinnypig.com , and @silversalty Bluesky: Dave Kellogg / @kellblog : Uh, I think that's bad for corporate governance Corey Quinn / @quinnypig.com : If ...
CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years
The billion-dollar startup bubble is deflating, and more than $1 trillion in value is locked up in companies with dwindling prospects. Bluesky: @kellblog and @katieroof LinkedIn: Katie Roof , Erika Ha...