We all know about StubHub by now. Many use the third party site for tickets to various events all around the world. Now, it’s been reported that the major player in online ticket resale markets is aiming for an initial public offering (IPO) by late summer 2024, targeting a valuation of $16.5 billion.
According to The Information, StubHub is testing investors’ appetites for cash-strapped companies as the firm has piled up more than $2 billion in debt. Additionally, CNBC has discovered that StubHub has been working with JPMorgan and Goldman Sachs over the last two years to prepare for this IPO.
StubHub’s potential IPO…
