Eventbrite Targets $200M IPO as Tech, Biotech Markets Remain Hot | Enterpreneurship

Event tech service Eventbrite is hoping to raise $200 million in an initial public offering during what has already been a busy year for IPOs.

San Francisco-based Eventbrite lets users list and sell tickets to any type of event, from fundraisers to music festivals—for a fee on each ticket. The company had $201.6 million in revenue in 2017, about $68 million more than the previous year, according to a securities document the business filed Thursday.

Still, Eventbrite operated at a net loss of $38.5 million last year, as its operating expenses totaled more than $153 million from making new hires and… Read more »

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