Using Liz Lemon’s school of philosophy, ticketing service SeatGeek acquired competitor FanSnap and is shutting it down.
SeatGeek, a New York-based company that describes itself as the “Kayak for event tickets,” announced today that it has purchased the assets of FanSnap for an undisclosed price. Since both sites basically do the same thing, SeatGeek’s first acquisition knocks out a major competitor.
Tech Bubble Watch
Ticketing site SeatGeek has been on a tear recently, announcing big traffic growth and a partnership with Yahoo. Now the startup is taking the rich data set it built up selling tickets for sporting events and concerts and branching out to recommendations, creating a service called “Columbus” to help users find games and concerts they didn’t know about but might enjoy.
SeatGeek, which helps users find the best deals on tickets being sold on the secondary market, is on a roll. Today the company announced a new investment from courtside celebs, Ashton Kutcher and Guy Oseary’s A Grade Investments.
SeatGeek is based out of General Assembly, the new startup space in Flatiron that Fashism, another Kutcher Read More