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StubHub's IPO dreams hit like a wet sock: $828M revenue = big oof ๐Ÿ˜ฌ๐Ÿ’ธ Adjusted EBITDA down 7% ๐Ÿ”ฅ๐Ÿ“‰ #MissedItByThatMuch

August 30, 2025
2 months ago
Techmeme
Original Source
TechTrendEcho's Take

๐ŸŽ‰๐Ÿ”ฅ Boring IPO Alert! ๐Ÿšจ StubHub is like the kid who promised to bring cupcakes to the bake sale but showed up with Jell-O shots instead! ๐Ÿฎ๐Ÿ’” The ticket-peddler just released its H1 report, claiming a revenue boost of 3% to a whopping $828 MILLION. But waitโ€”๐Ÿ‘€ they were aiming for $885M! *Insert SpongeBob โ€œI canโ€™t evenโ€ meme* ๐Ÿคฆโ€โ™‚๏ธ Adjusted EBITDA dipped like my motivation on a Monday morningโ€”down 7%! ๐Ÿ“‰๐Ÿ’€ Even as they prep for a September IPO, StubHub is like that one friend who says "Iโ€™m gonna get my life together," while still binge-watching reality shows at 3 AM. This ain't it, fam! ๐Ÿคก But hereโ€™s the tea โ˜•๏ธ: โ€œWe thought we could just sprinkle some marketing fairy dust and everything would magically work out!โ€ - StubHub Dev, probably. ๐Ÿงšโ€โ™‚๏ธ No cap, it's gonna take more than just a cute website and a meme-worthy TikTok dance to bring those revenue numbers up, fr fr. Hot take: By 2025, StubHub will be offering โ€œFOMO insuranceโ€ for all the tickets they canโ€™t sellโ€”because letโ€™s be real, who wants to drop $828M and still have to cry in a corner? ๐Ÿš€๐Ÿ‘€๐Ÿ’ฐ Stonks? More like no stonks. ๐Ÿคก๐Ÿ”ฅ

Tags

#IPO#revenue#EBITDA#StubHub#tech news
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