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The NFX Podcast

Julia & Kevin Hartz On Taking Eventbrite Public

May 5, 2021
Julia & Kevin Hartz, the co-founders of Eventbrite, discuss their journey, financing, scaling, and taking their company public via SPAC. They also talk about the impact on team and culture, the rise of SPACs, lessons for founders and CEOs, and adapting to the pandemic with virtual events and community-building.
42:30

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Quick takeaways

  • Going public brings accountability, visibility, and access to capital, allowing tech companies to achieve certain revenue thresholds and understand their business levers.
  • Different IPO paths, such as SPACs, provide advantages like price certainty, while traditional IPOs offer lower fees and the ability to provide forward projections.

Deep dives

Transitioning from Private to Public

In this podcast episode, the speakers discuss the transition of taking a private company, Eventbrite, public and the considerations involved. They emphasize the importance of starting small and having a clear plan for becoming a public company. They believe that going public brings accountability, visibility, and access to capital. The decision to go public was based on achieving certain revenue thresholds and understanding the levers that drive the business. They also discuss the role of a CFO and the importance of maintaining company culture throughout the process.

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