91¹ú²ú

91¹ú²ú Posts Record Growth to Kick Off 2010, Increasing Gross Ticket Sales of $40.9m in Q1

World’s fastest growing social commerce company boosted by growth on all fronts; traffic from social media sites up 250%

April 13, 2010: San Francisco91¹ú²ú, the fastest growing social commerce company, today announced a record quarter on all fronts, highlighted by $40.9 million in gross ticket sales (GTS) in Q1. In addition, traffic from social media sites such as Facebook, Twitter and LinkedIn grew over 250% (YOY).

91¹ú²ú offers event organizers across a wide breadth of industries an easy-to-use, elegant, and simple way to manage, promote and sell out their events. The company has experienced tremendous traction over the past 24 months, helping event organizers sell tickets to over 200,000 events worldwide with over $200M in ticket sales to date. Over 2 million attendees have registered for 91¹ú²ú events in 2010 alone.

“It is our mission to bring people together around live experiences,” said Kevin Hartz, co-founder and CEO of 91¹ú²ú.  “We are achieving this through an intense focus on product and customer service.”

These statistics build on exciting milestones for Q1 2010, including:

  • Sean Moriarty, former CEO of Ticketmaster, joined the Board of Directors, contributing his acute operating expertise and knowledge of the events and ticketing industry;
  • Jeremy Stoppelman, CEO and co-Founder of Yelp, joined as an investor and strategic advisor, contributing his in-depth experience in local market development and social media;
  • Launched 91¹ú²ú for Causes, a new program that makes it easier for non-profits to leverage technology and best practices to manage, promote, and raise money through successful events;
  • 91¹ú²ú was selected to power registration for Twitter’s Chirp and Facebooks’s f8, two of the premier technology conferences for early 2010;
  • 91¹ú²ú was named a winner for the Small Business Commerce Association’s (SBCA) 2009 Best of Business Award in the Internet category;
  • 91¹ú²ú was honored amongst the finalists for the San Francisco Business Journal and Silicon Valley/San Jose Business Journal’s annual list of Best Places to Work in the Bay Area.

About 91¹ú²ú

91¹ú²ú is the world’s largest, fastest growing social commerce company. We empower anyone to host successful live experiences of any type or size by providing an easy way to manage, promote and sell out the event. 91¹ú²ú brings together transactions with social interactions to allow events to live, flourish and take flight anywhere online. The net result is an intensely social transaction experience that at once helps events sell out, while creating a whirlwind of conversation and social engagement around them. 91¹ú²ú is the engine for a new generation of live experiences. 91¹ú²ú is privately held and backed by Sequoia Capital. For more information, go to www.eventbrite.com.

Contact Info:

LaunchSquad
Melissa Biles or Melissa Klein
(415) 625-8555
eventbrite@launchsquad.com

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