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

1. StubHub's IPO plans are seemingly back on track after filing updated S-1. 2. Projected IPO could raise around $1 billion, debuting potentially next month. 3. In 2024, StubHub reported nearly $1.8 billion in revenue but faced a net loss. 4. Madrone Partners is the largest shareholder, controlling key voting rights. 5. Eric Baker holds super-voting shares, maintaining significant control over StubHub.

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Why Bullish?

The renewed IPO interest and potential substantial fundraise are positive indicators for investor confidence, similar to successful prior tech IPOs like Airbnb which raised over $3 billion.

How important is it?

The potential IPO and its significant fundraising capacity directly affect investor sentiment towards STUB, suggesting bullish prospects in the short term.

Why Short Term?

The anticipated IPO is expected to have immediate effects on stock dynamics and market reactions, likely seen in the month after the debut.

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