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Top related persons:
StubHub - 3 Eric Baker - 3 Goldman Sachs - 2 SeatGeek - 2 Taylor - 2 Brian Schwalb - 1 Schwalb - 1 Viagogo - 1
Top related locs:
San Francisco . Washington , Washington , San Francisco
Top related orgs:
eBay - 3 Labor - 2 JPMorgan - 2 CNBC - 2 Vivid - 2 San Francisco . Washington , D.C - 1 of Columbia - 1 Washington , D.C - 1

Search resuls for: "Viagogo"


5 mentions found


☆ Washington, D.C., attorney general sues StubHub, alleging deceptive pricing
  + stars: | 2024-07-31 | by ( Jessica Golden | ) www.cnbc.com   time to read: +3 min
Washington, D.C., Attorney General Brian Schwalb sued the online ticket exchange platform StubHub on Wednesday, alleging deceptive and unfair pricing. The lawsuit claims StubHub uses deceptive advertising of low ticket prices to lure consumers who pay vastly more after an arduous checkout process. "This is no accident — StubHub intentionally hides the true price to boost profits at its customers' expense," Schwalb said in a statement. In its lawsuit, the attorney general's office said that from 2014 to 2015, StubHub used "all-in pricing," in which the advertised price included mandatory fees. The complaint alleged that StubHub did a testing period where it randomly assigned consumers to one of the two models.
Persons: Brian Schwalb, Schwalb, StubHub, Eric Baker, Viagogo Organizations: San Francisco . Washington , D.C, Labor, of Columbia, Washington , D.C, eBay Locations: San Francisco . Washington ,, Washington ,
☆ StubHub delays IPO until after Labor Day
  + stars: | 2024-07-12 | by ( Leslie Picker Sarah Whitten | Leslie Picker | Sarah Whitten | ) www.cnbc.com   time to read: +1 min
StubHub is delaying a potential initial public offering until after Labor Day, according to a person familiar with the deal. The online ticketing service had been eyeing a summer IPO, aiming for a valuation of at least $16.5 billion. The company has been working with JPMorgan and Goldman Sachs over the past two years on the IPO, CNBC previously reported. If StubHub does enter the public market, it will trade alongside competitors Vivid Seats and Live Nation. Vivid Seats has a market cap of $1.5 billion and Live Nation is valued at just under $23 billion.
Persons: StubHub, haven't, Goldman Sachs, Eric Baker, SeatGeek, Wells Fargo, Morgan Stanley, Taylor Organizations: Labor, JPMorgan, CNBC, eBay, Bloomberg, Citigroup, Wells, Vivid Locations: San Francisco
☆ StubHub eyes summer IPO, seeks $16.5 billion valuation
  + stars: | 2024-04-12 | by ( Leslie Picker Sarah Whitten | Leslie Picker | Sarah Whitten | ) www.cnbc.com   time to read: +1 min
StubHub is eyeing a summer initial public offering, a person familiar with the matter told CNBC. The online ticketing service is aiming for a valuation of at least $16.5 billion, which is what it was valued at in late 2021 during its latest round of private funding. If StubHub does enter the public market, it will trade alongside competitors Vivid Seats and Live Nation . Vivid Seats has a market cap of $1.2 billion and Live Nation is valued at just under $24 billion, according to FactSet. StubHub, JPMorgan and Goldman Sachs all declined to comment about potential timing for an IPO.
Persons: Goldman Sachs, StubHub, Eric Baker, SeatGeek, Taylor Organizations: CNBC, JPMorgan, eBay, Vivid
☆ Meet Kim Posnett, the powerful Goldman Sachs dealmaker who was just named head of the investment bank's TMT unit
  + stars: | 2023-05-03 | by ( Reed Alexander | ) www.businessinsider.com   time to read: +10 min
Kim Posnett was just named head of Goldman's all-important TMT investment banking group. Posnett, 43, has long been one of the most senior figures at Goldman's investment bank. Posnett was previously the head of Goldman's investment-banking services unit, which acts as a salesforce for the global IB division. The former co-head of Goldman's TMT franchise will become co-chairman of the unit. The former would result in the IB services group, which functions, in effect, as a sales force.
☆ Fanatics Hires CFO for Collectibles Business After Topps Deal
  + stars: | 2022-12-23 | by ( Nina Trentmann | ) www.wsj.com   time to read: +5 min
Jacksonville, Fla.-based Fanatics said this week that Greg Abovsky started as chief financial officer for the collectibles business earlier this month. As CFO, Mr. Abovsky plans to build out the division’s finance team and its trading card business as it looks to expand. Fanatics plans to expand its portfolio into culture and entertainment cards, said Mike Mahan, chief executive officer of the collectibles business. Fanatics expects its collectibles business will fare well in the coming years, despite the threat of a potential downturn. Both Mr. Abovsky and Mr. Mahan declined to comment on if and when Fanatics could list on the public markets.
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