Company News
On December 2, Eventbrite announced it's being acquired by Bending Spoons for ~$500M, down from a $1.7B peak valuation. The deal takes Eventbrite private and puts it in the hands of a firm known for aggressive cost-cutting and price increases. If you're an Eventbrite customer, this is worth paying attention to. Who is Bending Spoons? Bending Spoons is a Milan-based tech company that acquires underperforming software brands (Evernote, Vimeo, WeTransfer, Meetup, AOL) and restructures them for profitability. Their playbook is consistent: cut headcount (often 50-75%), raise prices, and streamline operations. That's not speculation. It's their stated model. What This Likely Means for Eventbrite Customers Higher fees. Bending Spoons is explicit about monetization being a priority. Eventbrite has already experimented with pricing over the past two years. Expect that to accelerate. Reduced support. Major headcount reductions typically mean fewer experienced support reps and longer response times, especially during the transition. If you run complex events (reserved seating, multi-day festivals, timed entry), this matters. Product stagnation. Ownership changes usually mean roadmap resets and internal focus on cost savings. Don't expect new features anytime soon. Questions to Ask Yourself You don't need to panic. But you should treat this as a prompt to evaluate your options: What are you paying in total fees today? How sensitive is your margin to a 10-20% increase? How critical is hands-on support to your events? Can you afford slower response times mid-season? What's your contingency plan if pricing or policies change after you've already committed to your event calendar? If any of those questions give you pause, now is the time to explore alternatives, not after new pricing is announced. Why SimpleTix Is Different SimpleTix was built for organizers who care about margins, flexibility, and responsive support. A few key differences: Transparent pricing with a hard fee...