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The unicorn killer: Why regulatory risk keeps destroying startup value and what to do about it
Yahoo Finance·2025-09-22 13:30

Ticket resale giant StubHub offers another cautionary tale of regulatory risk destroying enterprise value. The company booked 93.9millioninlegalandregulatoryexpensesfor2024,accordingtoitsS1filingwiththeSecuritiesandExchangeCommissionnearlydoublingfrom93.9 million in legal and regulatory expenses for 2024, according to its S-1 filing with the Securities and Exchange Commission nearly doubling from 48.2 million in 2023. Multiple state attorneys general have sued StubHub over so-called “drip pricing” tactics, while the D.C. Attorney General filed a separate “bait-and-switch” lawsuit in July 2024. The company’s repeatedly delayed I ...