Discover200: Tech Tales FoundHow a Company Built on Gatherings Survived a World That Had to Stay Apart
How a Company Built on Gatherings Survived a World That Had to Stay Apart

How a Company Built on Gatherings Survived a World That Had to Stay Apart

Update: 2025-10-23
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Eventbrite, founded in 2006 by Kevin Hartz, Julia Hartz, and Renaud Visage, revolutionized the event industry by democratizing access to ticketing and event management. Its self-service platform empowered individuals and small organizations—from local yoga instructors to community groups—to create, promote, and sell tickets for events of all sizes, transforming grassroots gatherings into accessible, trackable experiences. By integrating tools for marketing, analytics, and payment processing, Eventbrite became the go-to digital hub for live experiences, raising significant venture capital from firms like Sequoia Capital and Tiger Global, despite an initial investor rejection. The company went public in 2018 and expanded globally, processing billions in ticket sales and acquiring key competitors like Ticketfly to strengthen its position in the live music sector. However, its core mission—bringing people together through live events—was abruptly challenged in early 2020 when the COVID-19 pandemic led to mass cancellations and global lockdowns. Overnight, Eventbrite’s revenue model collapsed, resulting in a $146 million loss in the first quarter and the painful decision to cut 45% of its workforce. Faced with existential threat, the company pivoted rapidly, leveraging a previously underused online events feature to facilitate virtual gatherings. This strategic shift led to a 2000% year-over-year increase in online events by April 2020, with nearly 75 million virtual attendees across more than one million events. Eventbrite partnered with platforms like Zoom and Vimeo to enhance interactivity, enabling creators to host live streams, classes, and performances. The company also navigated a complex refund landscape, where over $150 million was refunded by event organizers, while Eventbrite itself absorbed less than $3 million, highlighting the resilience of its decentralized, creator-empowered model. To stabilize finances, Eventbrite secured $225 million in term loans, ensuring liquidity during the crisis. Post-pandemic, the company embraced a hybrid future, recognizing that online events would remain a vital component alongside in-person experiences. This adaptability not only ensured survival but also reinforced Eventbrite’s core mission of empowering creators. Today, the company continues to innovate with AI-driven tools and remains publicly traded, actively shaping the evolving landscape of human connection in both physical and digital spaces. Eventbrite’s journey underscores the importance of agility, mission-driven innovation, and the enduring human need to gather, regardless of circumstance.

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How a Company Built on Gatherings Survived a World That Had to Stay Apart

How a Company Built on Gatherings Survived a World That Had to Stay Apart

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