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July 13, 2011 09:41 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IleZQ4TCPMM/
Eventbrite Could File To Go Public As Early As 2012
There's no doubt that online ticketing platform Eventbrite is growing like gangbusters. The platform is on track to sell $400 million worth of tickets this year, which is double the $207 million it did last year. The company could reach $1 billion in gross ticket sales in 2012. And part of Eventbrite's future plan will include a public offering. Co-founder Kevin Hartz tells ZURB in a recently published podcast that Eventbrite could file to go public as early as late 2012 (at the 38 minute mark in the podcast) if the company reaches certain performance benchmarks.Hartz had some interesting commentary about going public in general. He believes companies should IPO earlier rather than later, and that staying private too long allows for "bad habits to fester" under little regulation. As for Eventbrite, Hartz says that he wants the company to be around 30 years from now and being a public company is part of that strategic plan.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IleZQ4TCPMM/
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