Comment by anon808

seatgeek has an amazing ui, maybe the best ui for finding tickets. That alone is very valuable. The problem is that with this round total raised is $100M. VC's expect to double or triple their money, as par. That sets a simplified expected exit valuation of $300M for this to be a success. Ticketmaster was last sold for $400MM in 2009. The bar for success is now extremely high. Anything below the high expectations generally means that this fantastic product will be considered a failure and most likely sold for scrap. What a horrible situation, why create these artificial expectations?