StubHub Co-Founder Takes Tortuous Path to Initial Share Offering

The company sees growth potential in offering tickets directly from artists and teams, selling about $100 million worth of seats directly last year.Photographer: Gabby Jones/Bloomberg

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By Katie Roof and Christopher Palmeri

March 21, 2025 at 11:39 PM UTC

This article is for subscribers only.

This time it isn’t concert tickets Eric Baker is selling. It’s shares of StubHub Holdings Inc., the company he co-founded and has owned on and off for a quarter century.

The 51-year-old chief executive officer filed on Friday for a public listing of shares in the business, which generated adjusted earnings before interest, taxes, depreciation and amortization of $299 million on sales $1.77 billion last year. The company sold more than 40 million tickets in 2024.