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Three Things: Conference Week at Saastr and SBJ Ticket Symposium
Three Random Things I Learned This Week in Saas, Sports, Tech & Live Events at the SBJ Ticketing Symposium
1) TicketNetwork hired a banker and is going to market to sell. The live events industry will watch closely how they're valued. TN has a lot of data, but outsources quite a bit too. Personally, I think they find someone to overpay.
2) Teams don't see the softness those in the know are seeing in the secondary. Publicly, "everything's great." But in private, those at the controls are seeing some alarming signs of weakness. There was a saturation problem before Covid and it didn't magically go away overnight. Covid as "the great accelerator" is holding true - events which were doing well are doing great post covid. Those which were struggling….it's about to accelerate and get worse.
3. There is opportunity for the hustlers - Right Now. Talked to a friend who has raised more for their fund in the past 3 weeks hitting the road than the previous 10 months WFH. The SBJ conference was 1/5th the size it has been in years past. And what an opportunity it was for those in attendance. Meetings and facetime never easier to get with execs. And yet, so many stayed home and missed it. Hope that continues =)
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By Tony Knopp
5
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Three Random Things I Learned This Week in Saas, Sports, Tech & Live Events at the SBJ Ticketing Symposium
1) TicketNetwork hired a banker and is going to market to sell. The live events industry will watch closely how they're valued. TN has a lot of data, but outsources quite a bit too. Personally, I think they find someone to overpay.
2) Teams don't see the softness those in the know are seeing in the secondary. Publicly, "everything's great." But in private, those at the controls are seeing some alarming signs of weakness. There was a saturation problem before Covid and it didn't magically go away overnight. Covid as "the great accelerator" is holding true - events which were doing well are doing great post covid. Those which were struggling….it's about to accelerate and get worse.
3. There is opportunity for the hustlers - Right Now. Talked to a friend who has raised more for their fund in the past 3 weeks hitting the road than the previous 10 months WFH. The SBJ conference was 1/5th the size it has been in years past. And what an opportunity it was for those in attendance. Meetings and facetime never easier to get with execs. And yet, so many stayed home and missed it. Hope that continues =)