Julia & Kevin Hartz On Taking Eventbrite Public
In this episode, guests Julia and Kevin Hartz join Kristen O'Brien and Pete Flint to discuss the prerequisites of going public, private vs public companies, and market trends. They delve into the world of SPACs, the process of selecting business partners, and the future of venture capital. The Hartz couple also shares insights on transitioning from executive to CEO, and reframing Eventbrite's business model.
Key Points
- Julia Hartz, co-founder of Eventbrite, emphasizes the importance of integrating company culture into the IPO process, ensuring that external advisors and stakeholders are aligned with the company's values and mission.
- Kevin Hartz, co-founder of Eventbrite and SPAC sponsor, discusses the advantages of SPACs, including the ability to forecast financials, speed to market, and price certainty, which contrasts with the traditional IPO process.
- Julia Hartz reflects on the evolution of live events post-COVID, predicting a future where creators will leverage both virtual and in-person formats to engage with global and local communities.
Julia and Kevin Hartz co-founded Eventbrite, a website that allows users to create, share, and join events worldwide. In this episode of the NFX Podcast, the two join NFX Partner Pete Flint to discuss their founder journey, financing, fundraising, scaling, unicorn status, and a deep dive on the little-known details of taking a tech company public via SPAC.
Launched in 2006 and headquartered in San Francisco, Eventbrite has navigated through the pandemic with a refocused strategy and a leaner cost base. In September of 2018, Julia took Eventbrite public, making her among the few women to lead the successful initial public offering of a technology start-up.
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Transcript
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